#United States #Chesterfield #Bull Moose Tube #Ferrous85 #Ferragon Corporation

Bull Moose Tube Acquires Ferrous85 Division

In a significant move for the steel industry, Bull Moose Tube Company, based in Chesterfield, Missouri, announced the successful acquisition of Ferrous85" Co. (F85), a renowned division of Ferragon Corporation. This acquisition not only strengthens Bull Moose's operational capabilities but also strategically positions it for future growth, especially at its Sinton, Texas facility where the industry demands are increasing.

Details of the Acquisition

The assets acquired from F85 include a major toll processing operation situated on the Steel Dynamics' Sinton, Texas campus, which is in close proximity to Bull Moose’s own steel pipe and tube manufacturing mill. This facility houses one of North America’s largest slitters, capable of processing steel coils of varying widths—from 36 inches to 87 inches— and weights reaching up to 105,000 pounds. With this advanced technology, Bull Moose can produce slit mults sized from 7 inches to 85 inches and gauges ranging from .074 inches to .750 inches, accommodating a wide array of customer specifications.

According to Bull Moose's CEO, John Krupinski, this acquisition is pivotal for the company as it aligns with the growing business levels in Sinton. He highlighted the importance of the additional property, stating it would allow the company to optimize the configuration of their combined assets to better accommodate future growth initiatives.

Strategic Importance

From a commercial perspective, the acquisition provides Bull Moose with increased flexibility in engaging with market demands. Andy Annakin, Executive Vice President and Chief Commercial Officer, expressed that this deal enhances their capability to tackle major construction and infrastructure projects swiftly and effectively.

Chairman Ambar Paul emphasized the company’s ongoing commitment to assessing market opportunities and making strategic investments, ensuring that Bull Moose remains a leading steel tube producer in the industry. He stated, "Our focus remains on positioning Bull Moose to be a best-in-class producer for our clientele."

About Bull Moose Tube

Bull Moose Tube is a prominent player in the steel tubing sector and is part of the Caparo Bull Moose Group. The company operates across seven facilities in the United States, including locations in Chicago Heights, Illinois; Elkhart, Indiana; Gerald, Missouri; Masury, Ohio; Trenton, Georgia; Casa Grande, Arizona; and Sinton, Texas. Their offerings encompass one of the most extensive ranges of sustainable welded steel tubing across North America. The products are typically used in various applications such as commercial construction, transportation, infrastructure projects, and heavy civil works among others.

For more detailed information, you can visit Bull Moose Tube's official website.

Caparo: A Broader Vision

Caparo, the parent organization of Bull Moose Tube, is a diversified international business group with interests spanning across the design, manufacture, and marketing of steel products, as well as niche engineering solutions. The group's portfolio also includes operations in sectors such as logistics, power generation, and financial services, representing a comprehensive strategic approach to business in the modern evolving industry landscape.

Founded in 1968 by Lord Paul, Caparo operates from over 40 sites worldwide, making it a well-regarded name in the global market. It caters to a diverse clientele across North America, the UK, India, and the Middle East. Those interested can learn more about Caparo by visiting their website.