Russel Metals Announces The Acquisition Of The Assets Of Jackson Pipe & Steel

13 December 2016

Russel Metals Inc. (RUS - TSX) announced today that through its subsidiary JMS Russel Metals Corp., it has acquired the operating assets of Jackson Pipe & Steel, a distributor with value-addcapabilities based out of Texarkana, Texas.

John Reid, President and Chief Operating Officer stated "we are extremely pleased to welcome Jackson Pipe's customers and the employees to the JMS Russel Metals team.  The addition of key employees,  their  facility  and  equipment  will  complement  the  existing  JMS  facility  in  Hope,  Arkansas and enable us to enhance our value added services plus increase market share in Texas, Arkansas, Oklahoma and Louisiana, the areas previously serviced by Jackson Pipe".