Steel Technologies Announces Joint Venture with Ferragon Corp.
August 9, 2001
No Comments
Steel Technologies Inc., Louisville, Ky., reached an agreement in principal with Ferragon Corp., Cleveland, Ohio, to purchase 49% of the Ferragon's Ferrolux Metals Co. division in Wayne, Mich. Upon completion of the transaction, Ferragon Corp. will own 51% and Steel Technologies will own 49% of Ferrolux Metals, a steel producer