A.M. Castle to consolidate further

Aug 15, 2013 | 04:22 PM | Daniel Fitzgerald

Tags  AM Castle, Scott Dolan, metals distributor, consolidation, plant closures, job cuts, inventory reduction, restructuring Daniel Fitzgerald

NEW YORK — Metals distributor A.M. Castle & Co. has forecast further branch closures as the company continues to pursue a restructuring plan aimed at improving profitability.

A.M Castle’s large footprint across the domestic market gives the company scope for further consolidation, company president and chief executive officer Scott Dolan told attendees Aug. 15 at Jefferies & Co. Inc.’s Global Industrial and Aerospace and Defense Conference in New York.....

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