Russel Metals Inc.
TSX : RUS

Russel Metals Inc.

December 01, 2008 16:13 ET

Russel Metals Inc. Completes the Acquisition of Norton Metal Products, Inc.

TORONTO, ONTARIO--(Marketwire - Dec. 1, 2008) - Russel Metals Inc. (TSX:RUS) announced today that it completed the acquisition of Norton Metal Products, Inc. ("Norton") on November 28, 2008.

On November 10, 2008 Russel Metals announced that it had entered into a stock purchase agreement to acquire 100% of the outstanding capital stock of Norton, a U.S. metals service center located in Fort Worth, Texas.

Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three distribution segments: metals service centers, energy tubular products and steel distributors, under various names including Russel Metals, A.J. Forsyth, Acier Leroux, Acier Loubier, Acier Richler, Arrow Steel Processors, B&T Steel, Baldwin International, Comco Pipe and Supply, Fedmet Tubulars, JMS Russel Metals, Leroux Steel, McCabe Steel, Mégantic Métal, Métaux Russel, Métaux Russel Produits Spécialisés, Milspec Industries, Pioneer Pipe, Russel Metals Specialty Products, Russel Metals Williams Bahcall, Spartan Steel Products, Sunbelt Group, Triumph Tubular & Supply, Wirth Steel and York-Ennis.

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