On October 7, JM Steel Corp. completed the acquisition of Pendergrass, Ga.-based Five Star Roll Form LLC. Financial details were not disclosed.
JM Steel is a subsidiary of Pittsburgh-based Frank Calandra Inc., a global manufacturer of strata control for use in the mining and construction industries. Located in Huger, SC, JM Steel is a steel fabricator supplying a variety of flat rolled steel products.
JM Steel plans to expand its value-added roll forming business leveraging the solutions provided by Five Star Roll Form in the trailer, garage door, roofing and solar energy industries. All of Five Star Roll Form’s senior executives and leadership teams will remain with the company.
“I am very optimistic that this new acquisition will add to JM Steel’s value-added services for downstream customers,” said Tony Calandra, Group President Frank Calandra Inc. and Calandra Group LLC. said. “We look forward to serving current rolled parts for Five Star customers and will strive to provide additional solutions in the future.”
Additionally, Calandra said, “We are extremely excited to work with existing JM Steel customers on profiled solutions. The addition of Five Star will bring many new opportunities to our customer base as well as Five Star’s customer base.
Will Bruning, CEO and President of Five Star Roll Form, said he was delighted that Five Star Roll Form had attracted the world-class JM Steel.
“The acquisition of Five Star brings a wealth of talent and an exciting new product portfolio. Tony and his team have strong beliefs in Five Star’s core product group and its new emergence in the solar industry,” Bruning said. “The combination of these two companies solidifies our position as one of the most dynamic and fastest growing profiling companies in the market today.”
At the same time, Sun States Steel Corp., which also operates as Five Star Roll Form and distributes flat-rolled steel products from multiple locations in the eastern half of the United States, was integrated directly into the JM Steel’s service center division as of Oct. 7.
JM Steel began production in 2000 and has a state-of-the-art 120,000 square foot steel processing and warehousing facility in Pendergrass, Georgia with the capacity and inventory to supply a variety of rolled steel products. flat including main coils, slit coils, hot rolled, cold rolled, galvanized, blanks and flat bars, among others.
The company’s newest facility in Sinton, Texas is a 90,000 square foot steel processing and warehousing facility that houses a slitting line, roll forming line and plate production capabilities. coating used in the construction of tunnels and shafts.