21 Jan

Posted at 10:00h in Press Releases, Press Releases Current
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PITTSBURGH and CLEVELAND, January 21, 2013 – Esmark Inc. (“Esmark”), Stahlschmidt Incorporated (“Stahlschmidt”) and Bouchard Group, L.L.C. (“Bouchard Group”) today jointly announced that they have consummated a sale and licensing agreement whereby Stahlschmidt and Bouchard Group have jointly acquired Esmark Technologies from Esmark Inc. for an undisclosed sum. The venture will be operated as a vertically integrated industrial services company, and will continue to operate under the “Esmark Technologies” brand. Stahlschmidt will own 60% of the venture and manage operations. Esmark Technologies was originally formed to provide technical and management services and commercial support across specific market segments including the steel,...

11 Oct

Posted at 10:12h in Press Releases, Press Releases Current
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Acquisitions of Yorkville and Ohio Coatings Facilities to Accomplish Esmark’s $1 Billion Revenue Goal for 2013 Esmark To Invest More Than $15 Million In Working Capital To Restart Yorkville Facility In January 2013 Yorkville Plant to Be Renamed Ohio Cold Rolling Company; Senior Leadership for Yorkville Plant and Ohio Coatings Company Named PITTSBURGH, October 11, 2012 – Esmark Inc. and its wholly owned steel services subsidiary, Esmark Steel Group, today announced that the company has completed the transaction for RG Steel LLC’s Yorkville, Ohio cold-rolled finishing mill and RG Steel’s 50 percent interest in Ohio Coatings Company’s tin plate production facility. Esmark expects the...

04 Apr

Posted at 10:20h in Press Releases, Press Releases Current
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FOR IMMEDIATE RELEASE Media Contacts: Bill Keegan, Esmark 312.927.8424 billkeegan07@gmail.com Dan Murphy, Heritage Valley Health System 412.749.7403 dmurphy@hvhs.org PITTSBURGH, PA— April 4, 2012— Nearly nine months before its scheduled completion, space in the $9-million, 40,000-square-foot, state-of-the-art Esmark global headquarters building has now been fully committed. Heritage Valley Health System, a frequent partner in a variety of community activities with Esmark, plans to establish a medical mall to be called “Heritage Valley Edgeworth” at the Esmark building. A “medical mall” is a one-stop shopping concept and design that provides patients with the convenience of accessing primary care, as well as ambulatory and diagnostic services in one easy to access community...

10 Jan

Posted at 10:44h in Press Releases, Press Releases Current
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FOR IMMEDIATE RELEASE Former Majestic Steel Executive To Join With New Executive Vice President of Sales, Mark Schwertner, In Growing Esmark Steel Group’s Business In The Northeastern U.S. CHICAGO, IL, January 10, 2012 – Esmark Steel Group, the steel services subsidiary of diversified holding company Esmark Inc., today announced that steel industry veteran Peter Doyle has been named President of the company’s Ohio operations. Doyle, who will be based in Esmark Steel Group’s Cleveland office, will be joined with current company executive Mark Schwertner, who has been named Executive Vice President of Sales, a new position. With more than 25 years of diversified...

18 Oct

Posted at 10:59h in Press Releases, Press Releases Current
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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...

28 Sep

Posted at 11:00h in Press Releases, Press Releases Current
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FOR IMMEDIATE RELEASE Names Industry Veteran Scott Sternheimer As Vice President of Sales To Lead Company’s Growth Initiatives; Former Esmark Executives Michael Ogrizovich and John Krupinski Rejoin Company As Senior Executives CHICAGO, September 28, 2010 – Esmark Steel Group, the wholly owned steel services subsidiary of diversified holding company Esmark, Inc., today announced that it is consolidating its U.S. service center operations under the Esmark Steel Group banner to better serve its growing customer base and streamline operations. Under the operations consolidation Century Steel and Sun Steel in Chicago Heights, Illinois; Chicago Steel & Iron in University Park, Illinois; and Independent Steel in...

20 May

Posted at 11:08h in Press Releases, Press Releases Current
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FOR IMMEDIATE RELEASE Esmark, Inc. Subsidiary To Achieve $250 Million Annual Revenue Target By End of 2010 CHICAGO, IL, May 20, 2010 – Esmark Steel Group, the wholly-owned steel services subsidiary of diversified holding company Esmark, Inc., today announced that it has completed the acquisitions of five steel service centers in Illinois and Ohio from OAO Severstal. Terms of the acquisitions were not disclosed. Esmark Steel Group acquired the assets of Century Steel and Sun Steel in Chicago Heights, Illinois, and Independent Steel in Cleveland, Ohio. In addition, the company acquired the intellectual property assets, brand names and trademarks of Chicago-based Great Western Steel...

29 Dec

Posted at 14:00h in Press Releases, Press Releases 2004 to 2009
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FOR IMMEDIATE RELEASE Esmark Inc.’s $3.5 Million Asset Purchase of Precision Machining, Fabrication Company To Protect Jobs, Build Foundation For Future Growth CHICAGO, IL, December 29, 2009 – Esmark Industrial Group, a newly formed subsidiary of Esmark Incorporated, today announced that it has completed the acquisition of assets of Meadville, Pennsylvania-based Excalibur Machine Company, Inc. for $3.5 million in cash. Excalibur Machine is a precision machining and fabrication firm that supplies parts, sub-assemblies and materials handling equipment to Original Equipment Manufacturers (OEMs) engaged in the transportation, materials handling, heavy construction and power generation industries. In making the announcement, James P. Bouchard, Chairman of Esmark...

16 Nov

Posted at 14:08h in Press Releases, Press Releases 2004 to 2009
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FOR IMMEDIATE RELEASE University Park, Illinois-based Service Center To Be Renamed Chicago Steel & Iron And Become A Subsidiary of Esmark Steel Group CHICAGO, IL, November 16, 2009 – Esmark Incorporated today announced that it has re-entered the steel service center and distribution business with the acquisition of University Park, Illinois-based Amtex Steel, Inc., a precision processing and distribution company specializing in flat-rolled and bar products for the light manufacturing and durable goods industries. The $10 million acquisition includes Amtex Steel’s physical plant assets and real estate, as well as its rail line facilities. The company, to be renamed Chicago Steel & Iron,...

25 Jun

Posted at 14:10h in Press Releases, Press Releases 2004 to 2009
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For Immediate Release WHEELING, W.Va., June 25, 2008 – Esmark Incorporated (NASDAQ: ESMK) (the “Company”) announced today that it has entered into a definitive merger agreement to be acquired by OAO SeverStal (“SeverStal”) for $19.25 per share. This represents an overall transaction including debt valued at approximately $1.25 billion. Under the terms of the merger agreement, SeverStal will amend its tender offer to increase its offer price to $19.25 per share and Esmark will amend its Schedule 14D-9 to include the Esmark board of director’s recommendation that Esmark shareholders tender their shares to SeverStal pursuant to the amended tender offer. A revised...