RUSSEL METALS ANNOUNCES RATIONALIZATION INITIATIVES IN WESTERN CANADA
Prnewswire·2025-09-17 19:00
TORONTO, Sept. 17, 2025 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces a series of initiatives related to its Western Canadian operations that will rationalize excess capacity/redundant locations, reduce invested capital and gain operational efficiencies. In December 2023, Russel Metals announced the acquisition of seven service centers, including five in Western Canada, from Samuel, Son & Co., Limited. At that time, the initial acquisition price was $225 million, with a plan to reduce the invested ...