Pennsylvania Steel Company Inc., Bensalem, Pa., has announced it would acquire Nivert Metal Supply, Inc., a metals service center operating in Throop, Pa. The transaction is expected to close by the end of October.
The acquisition will allow Pennsylvania Steel to expand its geographic base while providing improved service for cut‐to‐size metals in the Northeast. All existing operations of Nivert Metal will continue in Throop.
The acquisition adds a ninth location to Pennsylvania Steel Company’s network.
Nivert Metal offers carbon steel, stainless steel, aluminum, brass, copper and specialty metals for next‐ day delivery to customers in Northeast Pennsylvania, Southern New York and Eastern New Jersey, as well as value‐added processing services, including burning, shearing and saw cutting.
Pennsylvania Steel provides raw materials to the metal manufacturing sector through eight Service Center locations. Core products include carbon and alloy steels, aluminum, stainless, tool steel and tubing products.