TW Metals sells off red metals inventory. (Service Center News)
Metal Center News, May, 2003
TW Metals Inc., Exton, Pa., sold its copper and copper alloy inventory, plus all related processing and storage equipment, to Copper and Brass Sales, a unit of ThyssenKrupp Materials NA.
The sale strengthens TW Metals' position as a supplier of specialty metal long products. TW Metals will continue expanding its inventories of pipe, tube, bar and rod in stainless, aluminum, nickel, titanium and other higher value alloys.
"This sale complements our existing strategy by allowing us to offer our core customers a highly focused range of services and products," says Jack Elrod, TW Metals president and CEO. "As we look to the future, we're better positioned to meet the growing demands of our core customers with the products and services they need to succeed in...
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