Burgon Tool Steel, Co., Inc. Acquires Kloster Steel Corp.
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Burgon Tool Steel, Co., Inc. announced the acquisition of Kloster Steel Corp., Chicago, IL. Kloster Steel enjoys an outstanding reputation having served the upper Midwest region with the highest quality tool steel products since 1926.
"We at Kloster Steel are truly excited about becoming part of the Burgon Tool Steel family. Burgon takes care of their customers with the same eye toward quality and customer service that have been the benchmarks of Kloster for many years. Joining together will allow us to provide our loyal customers throughout the Midwest with an even finer level of service on their tool steel requirements" says Gerry Sorensen, President, Kloster Steel.
The companies will combine effective January 1, 2008, and Kloster Steel will adopt the Burgon brand name effective immediately, operating as the Midwest Division of Burgon Tool Steel. The Midwest Division will be lead by Mr. Sorensen, who has over 30 years in the tool steel business, He and his team of twelve dedicated professionals bring a wealth of experience to the BTS team.
For more information visit Burgon Tool Steel's web site at: www.burgon.com
