Samuel buys plate processor Frontier Steel Co.
Dec 27, 2012 | 01:33 PM
| Corinna Petry
CHICAGO Samuel, Son & Co. Ltd. has acquired plate processor Frontier Steel Co.
John Matig, president of Neville Island, Pa.-based Frontier, said that he sold the company in order to expand the operation and secure his employees long-term future.
"The reality is that (selling to Samuel) will provide security and more opportunity," Matig told AMM Thursday. "Long-term, its better for our employees. Samuel started in 1855, and we want to be here for 100 years. This ensures our people are taken care of while maintaining our autonomy." ....
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