27
Sep
17:47
Lynchburg Steel facility finds buyer
Structural steel fabricator Lynchburg Steel has found a buyer for its recently shuttered Monroe, Virginia, facility, Kallanish learns.
Cooper Steel official have confirmed that they intend to buy the facility, which was shuttered at the end of August. The closing is slated for 29 September. Financial details have not yet been disclosed.
Cooper maintains three facilities – two in Tennessee and one in Kentucky.
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Anonymous
Very good overview of the weekly steel market.
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