Leading Specialty Metals Suppliers Announce Merger
Hamilton, Ohio - December 17th, 2007-- Hamilton, Ohio based Ferguson Metals and Miamiville, Ohio based AIM International have announced that they will consolidate operations into Ferguson Metals' headquarters and begin operation as United Performance Metals in January of 2008. The announcement follows the purchase of the two companies by Alabama's O'Neal Steel late in 2006.
"The strong synergies that exist between the two organizations coupled with the market potential created by going to market as a single, united entity made the decision to merge an easy one," commented Ferguson Metals' Founder and President Wayne Ferguson.
The new United Performance Metals will deliver its customers a greater variety of flat rolled, specialty metal products with a focus on specialty grades of stainless, nickel alloy and cobalt alloys. United's 108,000 square-foot facility is equipped to process coil, sheet and plate product with comprehensive slitting, edging, shearing, leveling and sawing capabilities.
"I am excited about the opportunity to leverage the collective strengths of both organizations as we seek to significantly grow our presence in the market," commented AIM International President, Tom Kennard.
About Ferguson Metals
Ferguson Metals is a leading supplier of specialty stainless steel and high temperature alloys. In business since 1982, Ferguson Metals has experience serving the needs of customers in diverse markets including aerospace, aircraft, automotive, medical, food service, house-wares, petro-chemical and many others. For more information on Ferguson Metals visit us at www.fergusonmetals.com, call us at 1.800.347.2376 or email sales@fergusonmetals.com.
