Annually purchasing over 750,000 tons of value added cold rolled, hot dipped Galvanized, and hot rolled pickled and oiled products.
Annually producing over 150,000 tons of Electricgalvanized and post-treatment products
Annually producing over 600,000 tons of value-added slit just-in-time material
Over 1.5 million square feet of facilities
ISO 9000 certification at all facilities
Core to the Esmark financial strategy is acquiring selected underutilized steel assets for book value and maximizing the utilization of those assets through the business cycle. To date, Esmark has purchased its plant and equipment at such low prices that it has obtained a competitive advantage in operating cost structure. This allows commercial flexibility in building customer relationships and turning prospects into paying customers. It also allows the financial flexibility to reinvest in new capital and plant on an ongoing basis. There are numerous targets with low asset utilization in the domestic steel industry. After reviewing all sectors, however, Esmark management has concluded (for proprietary strategic reasons) that the most attractive sectors are the Cold Rolled and Coated steel service sectors.
By combining the resources of Mars, Ferrostaal, Electric Coating Technologies, Sun Steel, Century Steel, Great Western Steel, U.S. Metals and Supply, Miami Valley Steel Service, North American Steel, Premier Resource Group, Independent Steel the Esmark "family" has obtained a substantial Cold Rolled presence to both mills and customers, giving Esmark substantial purchasing power in the marketplace. Having the scale, purchasing relationships, and credit standing necessary to consistently purchase steel from world class steel producers is a critical advantage. After acquiring selected targets, Esmark utilizes its relationships and purchasing umbrella to immediately reduce the target company's steel cost.
