{"id":407437,"date":"2021-01-04T08:03:46","date_gmt":"2021-01-04T13:03:46","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=407437"},"modified":"2021-01-04T08:03:46","modified_gmt":"2021-01-04T13:03:46","slug":"russel-metals-closes-acquisition-of-sanborn","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/","title":{"rendered":"Russel Metals Closes Acquisition of Sanborn"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n TORONTO<\/span>, Jan. 4, 2021<\/span> \/PRNewswire\/ –\u00a0Russel Metals Inc. (TSX: RUS) announces that it has closed its acquisition of Sanborn Tube Sales of Wisconsin<\/span>, Inc. (“Sanborn”).<\/p>\n

Sanborn is a metals service center with a heavy emphasis in value-added processing.\u00a0 The Sanborn operation, based in Pewaukee, Wisconsin<\/span>, is in close proximity to our three Wisconsin<\/span> service centers and offers the opportunity for the combined business to expand our product offering.\u00a0 Over the past several years, Sanborn generated annual sales of approximately US$19 million<\/span> across a diverse base of industrial customers.<\/p>\n

President and CEO John Reid<\/span> said, “I am pleased to welcome the Sanborn employees to the Russel Metals family and look forward to further advancing our value-added strategic initiatives in 2021.”<\/p>\n

\n About Russel Metals
<\/b>Russel Metals is one of the largest metals distribution companies in North America.\u00a0 It carries on\u00a0business in three metals distribution segments: metals service centers, energy products and steel distributors.\u00a0 Its\u00a0network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.\u00a0 Its energy products operations carry a specialized product line focused on the needs of energy industry customers.\u00a0 Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers mainly on an “as is” basis.<\/p>\n

If you would like to unsubscribe<\/b> from receiving Press Releases, you may do so by emailing info@russelmetals.com<\/a>; or by calling our Investor Relations Line: 905-816-5178.<\/p>\n

Web site: www.russelmetals.com<\/a><\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/russel-metals-closes-acquisition-of-sanborn-301199688.html<\/a><\/p>\n

SOURCE Russel Metals Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire TORONTO, Jan. 4, 2021 \/PRNewswire\/ –\u00a0Russel Metals Inc. (TSX: RUS) announces that it has closed its acquisition of Sanborn Tube Sales of Wisconsin, Inc. (“Sanborn”). Sanborn is a metals service center with a heavy emphasis in value-added processing.\u00a0 The Sanborn operation, based in Pewaukee, Wisconsin, is in close proximity to our three Wisconsin service centers and offers the opportunity for the combined business to expand our product offering.\u00a0 Over the past several years, Sanborn generated annual sales of approximately US$19 million across a diverse base of industrial customers. President and CEO John Reid said, “I am pleased to welcome the Sanborn employees to the Russel Metals family and look forward to further advancing our value-added strategic initiatives in … <\/p>\n

Continue reading “Russel Metals Closes Acquisition of Sanborn”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-407437","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRussel Metals Closes Acquisition of Sanborn - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russel Metals Closes Acquisition of Sanborn - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire TORONTO, Jan. 4, 2021 \/PRNewswire\/ –\u00a0Russel Metals Inc. (TSX: RUS) announces that it has closed its acquisition of Sanborn Tube Sales of Wisconsin, Inc. (“Sanborn”). Sanborn is a metals service center with a heavy emphasis in value-added processing.\u00a0 The Sanborn operation, based in Pewaukee, Wisconsin, is in close proximity to our three Wisconsin service centers and offers the opportunity for the combined business to expand our product offering.\u00a0 Over the past several years, Sanborn generated annual sales of approximately US$19 million across a diverse base of industrial customers. President and CEO John Reid said, “I am pleased to welcome the Sanborn employees to the Russel Metals family and look forward to further advancing our value-added strategic initiatives in … Continue reading "Russel Metals Closes Acquisition of Sanborn"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-04T13:03:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO35228&sd=2021-01-04\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Russel Metals Closes Acquisition of Sanborn\",\"datePublished\":\"2021-01-04T13:03:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/\"},\"wordCount\":292,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=TO35228&sd=2021-01-04\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/\",\"name\":\"Russel Metals Closes Acquisition of Sanborn - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=TO35228&sd=2021-01-04\",\"datePublished\":\"2021-01-04T13:03:46+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/#primaryimage\",\"url\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=TO35228&sd=2021-01-04\",\"contentUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=TO35228&sd=2021-01-04\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/russel-metals-closes-acquisition-of-sanborn\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Russel Metals Closes Acquisition of Sanborn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Russel Metals Closes Acquisition of Sanborn - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/","og_locale":"en_US","og_type":"article","og_title":"Russel Metals Closes Acquisition of Sanborn - Market Newsdesk","og_description":"PR Newswire TORONTO, Jan. 4, 2021 \/PRNewswire\/ –\u00a0Russel Metals Inc. (TSX: RUS) announces that it has closed its acquisition of Sanborn Tube Sales of Wisconsin, Inc. (“Sanborn”). Sanborn is a metals service center with a heavy emphasis in value-added processing.\u00a0 The Sanborn operation, based in Pewaukee, Wisconsin, is in close proximity to our three Wisconsin service centers and offers the opportunity for the combined business to expand our product offering.\u00a0 Over the past several years, Sanborn generated annual sales of approximately US$19 million across a diverse base of industrial customers. President and CEO John Reid said, “I am pleased to welcome the Sanborn employees to the Russel Metals family and look forward to further advancing our value-added strategic initiatives in … Continue reading \"Russel Metals Closes Acquisition of Sanborn\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-04T13:03:46+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO35228&sd=2021-01-04","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Russel Metals Closes Acquisition of Sanborn","datePublished":"2021-01-04T13:03:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/"},"wordCount":292,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO35228&sd=2021-01-04","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/","name":"Russel Metals Closes Acquisition of Sanborn - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO35228&sd=2021-01-04","datePublished":"2021-01-04T13:03:46+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/#primaryimage","url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO35228&sd=2021-01-04","contentUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO35228&sd=2021-01-04"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/russel-metals-closes-acquisition-of-sanborn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Russel Metals Closes Acquisition of Sanborn"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/407437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=407437"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/407437\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=407437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=407437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=407437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}