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Majestic Steel USA Inc., has acquired the business assets of P&S Metals and Supply, a Las Vegas-based steel service center and processor. P&S Metals and Supply, founded in 1978, distributes hot-rolled, cold-rolled, galvanized, electrogalvanized, stainless, painted and coated sheets and coil.
The addition of P&S enables Majestic to increase its presence and reach in the Western United States, particularly the growing Nevada market. It also extends its downstream capabilities and product lines with the benefits of volume growth and operational efficiencies, the company claims.
"We are happy to welcome P&S Metals and Supply to the Majestic family," said Todd Leebow, Majestic president and CEO. "P&S has a great reputation that''s been well earned over their 42 years in business. We look forward to continuing to support the existing business while pursuing growth in the region.”
Majestic Steel USA, founded in 1979 and headquartered in Cleveland, Ohio, is a privately held distributor and processor of flat-rolled steel. It was the 26th largest North American service center company in the most recent MCN Top 50, with 2019 revenues of $520 million.
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