October 20, 2010, Pittsburgh Tribune-Review, By Joe Napsha A Sewickley-based businessman who amassed a steel industry empire that included 10 service centers and the former Wheeling-Pittsburgh Steel Co. before selling it two years ago, is again rebuilding his steel industry holdings. James P. Bouchard’s Esmark Steel Group in Chicago this week announced it acquired the assets of Kelco Metals Inc., a steel service center in Schaumburg, Ill., for more than $9 million. The company, with plants in Illinois and South Carolina, has annual revenue of $45 million. “The valuations are pretty strong,” CEO Bouchard said of the deal to expand his new...

FOR IMMEDIATE RELEASE Esmark Steel Group Completes Third Steel Acquisition In Past Year; Addition of Kelco Strengthens U.S. Market Share And Contributes $45 Million in Revenue Toward ESG’s 2011 Revenue Goal of $300 Million CHICAGO, IL, October 18, 2010 – Esmark Steel Group, the wholly-owned steel services subsidiary of diversified holding company Esmark Inc., today announced that it has acquired the assets of Schaumburg, Illinois-based value-added steel distributor Kelco Metals Inc. for more than $9 million. With annual revenue of approximately $45 million, Kelco Metals Inc. specializes in hot-rolled, cold-rolled and coated steel products serving OEM manufacturers engaged in the agricultural equipment, office...