Universal Stainless to Purchase Assets of Patriot Special Metals
The addition of the radial forge will expand the Universal Stainless’ products to include large and long forged squares, rounds, bars and custom shapes. The business acquired due to the capabilities of the forge will increase the utilization of the company’s recently upgraded meltshop at its Bridgeville, Pa., plant. Adding VIM-VAR capability will enable the Universal Stainless to enter selected global high-nickel alloy and superalloy markets. In other news, the company plans to install an electroslag remelt furnace at the North Jackson facility.