Olympic Steel Acquires Metal Works
Olympic Steel, Inc. (ZEUS)
Last olympic steel, inc. earnings: 5/1 06:30 am
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Source: Business Wire
Addition of leading metal canopy manufacturer supports strategy for continued growth in manufactured metal productsCompany completes eighth acquisition in the past seven years CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the acquisition of Metal Works. The all-cash purchase is expected to be immediately accretive. Terms were not disclosed.Metal Works is a leading manufacturer of components for service station canopies, deck clips, long gutters, trim, and boat docks, as well as solar canopy and ground racking components – all made primarily from coated carbon steel and aluminum. The business, which includes roll forming and folding machines among its equipment, operates from two facilities in Oakwood, Georgia, totaling 48,720 square feet of processing space on 8.43 acres.“Continued growth in manufactured metal products is a key component of our strategy, and we are excited to welcome Metal Works to our ente
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ZEUS
News
- Olympic Steel Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Olympic Steel Reports Third-Quarter 2024 ResultsBusiness Wire
- Olympic Steel, Inc. (NASDAQ: ZEUS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Olympic Steel: M&A Efforts, Cash Flow, And Capex Could Imply Significant Undervaluation [Seeking Alpha]Seeking Alpha
- Webcast Alert: Olympic Steel to Announce Third-Quarter 2024 Financial Results After Market Closes on October 31, 2024Business Wire
ZEUS
Earnings
- 5/2/24 - Beat
ZEUS
Sec Filings
- 11/1/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 10/18/24 - Form SC
- ZEUS's page on the SEC website