For the third quarter of 2021, national metals service center Olympic Steel, Inc. reported net income of $44.5 million.
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Metals service center announces that James Esway will be the company’s new general manager for two Georgia facilities.
Shaw, based in Powder Springs, Georgia, is a full-line distributor of stainless-steel sheet, pipe, tube, bar and angles.
Olympic Steel will use the proceeds from its Detroit sale to reduce debt and pursue additional acquisitions and investments.
Olympic Steel said Harkins' recent promotion was the result of the company’s specialty metals expansion efforts.
