Precision Marshall Acquires DB&S
Acquisition of DB&S Steel; Press Release As Follows:
PRECISION MARSHALL ACQUIRES DB&S STEEL CORP.
Washington, PA, October 31, 2019 – Precision Marshall Steel, the nation’s leading supplier of pre-finished tool steels, has purchased the assets of DB&S Steel Corporation of Beaver Falls, PA. Under terms of the agreement, Precision Marshall will integrate DB&S’s production equipment into its Washington, PA headquarters. Precision Marshall will also provide DB&S’s distribution network with Ground Flat Stock and Drill Rod and will make employment opportunities available to DB&S’s employees.
“We are pleased to be expanding our market participation throughout North America by completing this acquisition,” says Jackson Milhollan, Precision Marshall’s president and CEO. “On behalf of everyone at Precision Marshall, we look forward to providing DB&S’s customers with the reliable products and services they have come to expect.”
Founded in 1948, Precision Marshall is a leading supplier of deluxe tool steel and alloy plates, precision ground flat stock, drill rod, and high-speed specialties essential to the automobile, appliance, aerospace, and defense industries. The company’s distributor network extends throughout North America and serves thousands of end use customers. Precision Marshall employs 75 people in three locations: the headquarters in Washington, PA, a national distribution center in Bolingbrook, IL, near Chicago, and a regional warehouse in Hartford, CT. For more information, contact Jackson Milhollan at 724.222.2100 or jmilhollan@pmsteel.com