LIBERTY Steel USA reports making 2 acquisitions from Leggett & Platt

LIBERTY Steel USA, part of the GFG Alliance, announced that it has completed the acquisitions of Ohio-based companies Solon Specialty Wire and Shaped Wire from Leggett & Platt.

A press release said that adding the companies will provide LIBERTY new product markets and avenues for growth in the U.S. Solon, a manufacturer of drawn steel wire, coldโ€rolled shapes and aluminum products, will be incorporated and managed under the LIBERTY Johnstown Wire business.

โ€œSolonโ€™s wide range of wire size capabilities will complement (our) existing North American wire operations in Peoria, Illinois, and Johnstown, Pennsylvania,โ€ said LIBERTY Steel USA Chief Executive Greg Jones. โ€œ(Our) Solonโ€™s operations have been strongly profitable historically and will drive synergies and growth across LIBERTYโ€™s wire business.โ€

WJI staff and wire services
Author: WJI staff and wire services

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