TPi January 2013

business & market news

Bushwick Metals acquires Tarco Steel Bushwick Metals LLC has announced the acquisition of Tarco Steel, Inc and Metal Fab LLC, a steel service centre and fabrication shop located in Binghamton, New York. The companies will now be known as Tarco Steel, a Division of Bushwick Metals LLC. companies serve the Binghamton area and employ about 35 people. “Expanding into Central New York will accelerate Bushwick Metals’ growth in this region through increased service and more robust inventory levels,” said Stewart Lichtman,

combination will allow both Bushwick and Tarco to better service customers, and we look forward to a prosperous future together.” Bushwick Metals is a distributor of carbon steel, high- strength-low alloy steel, stainless steel and speciality products. The company is an affiliate of Marmon/ Keystone LLC of Butler, Pennsylvania, a distributor of steel and aluminium tubular products. Both companies are Marmon Distribution Services/Berkshire Hathaway companies and members of The Marmon Group, an international association of approximately 150 business units that operate independently within diverse business sectors. Bushwick Metals LLC – USA sales@bushwickmetals.com www.bushwickmetals.thomaswebs.net

The Tarco Steel service centre was founded in 1970 and serves the energy, manufacturing, steel fabrication, construction and maintenance industries in Central New York and Northeast Pennsylvania. Main product offerings include carbon and stainless steel, steel long products, sheet, plate and fabricated and straight rebar. Tarco Steel and Metal Fab also provide a wide variety of value added services for their customers, including cutting, machining and light fabrication. Their facility includes 1,200ft 2 of office space, two warehouse buildings with a total of 47,000ft 2 and five overhead cranes, and 50,000ft 2 of outdoor storage. The

Bushwick Metals commercial vice president. Mr Lichtman will oversee the Tarco Steel operation, while former owner Janet Beal will serve as the branch manager. “This acquisition also allows us to offer additional value added services and rebar fabrication to our customers in other geographic regions,” commented Mr Lichtman. Plans include installing additional processing equipment to increase Tarco Steel’s capacity and service its growing industrial base.

Tarco Steel, Inc – USA sales@tarcosteel.com www.tarcosteel.com

“I am excited to be joining the Bushwick Metals family,” said Ms Beal. “Our

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Tube Products International January 2013

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