Industry News

New Star Metals Takes Over CMC; Strengthens its Electric Coating Technologies Division

Published on 2013-07-04. Author : SpecialChem

BURRRIDGE, Illinois -- New Star Metals has announced the acquisition of substantially all of the assets of Canfield Metal Coating Corporation (CMC).

Pat Murley, CEO of New Star Metals, commented, "We are excited to bring Canfield Metal Coating onto the New Star Metals team. Canfield complements the capabilities we have at our Electric Coating Technologies division and in the coming months we will be working hard to implement the best practices from both companies. The company will be named Canfield Coating LLC and it will operate as a separate business unit led by current CMC President Ron Jandrokovic."

"The Canfield team is excited to become part of New Star Metals. We believe this transaction positions Canfield Coating to succeed and grow while maintaining a commitment to delivering excellent customer service and superior quality," remarked Ron Jandrokovic, President of Canfield Coating.

About CMC

Known for its superior service and light gauge coating capabilities, CMC provides galvanized and painted steel coils to a variety of companies in packaging, automotive, and construction industries. CMC operates out of a single site facility in Canfield, Ohio.

About New Star Metals

New Star Metals provides steel processing, building products and supply chain management across a diverse array of end markets. Based in the Chicago area, New Star Metals operates through its four divisions: Electric Coating Technologies, Premier Resource Group, World Class Corrugating and Canfield Coating.

Source: New Star Metals

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