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Metals service center O'Neal Steel Inc., Birmingham, AL, will buy TW Metals Inc., Exton, PN, for an undisclosed amount.
O'Neal, which is family-owned, will operate TW Metals as a stand-alone company led by its current management, including President Jack Elrod.
TW Metals is the product of the January 1998 merger between Tubesales Inc. and Williams & Company Inc. Tubesales was founded in 1946 as a specialty alloy tubing and long products service center focused on the aerospace market. Williams & Company was founded in 1907 as an industrial customer-oriented service center largely in the distribution of carbon plate and similar commodity products.
Today, TW Metals is a global service center focused on specialty metals long products, including bar, rod, tube, pipe and special forms primarily made from high grade aluminum and stainless steel, as well as carbon, titanium, nickel and other high performance alloy metals.
Before the sale to O'Neal, TW Metals was a portfolio company of Superior Group Inc., a Philadelphia-based holding company.O'Neal Steel is a full-line metals service center, stocking diverse materials at its nearly 40 district operations across the country.