SAMUEL ANNOUNCES THE PURCHASE OF AP SPECIALTY METALS

MISSISSAUGA, ON, Nov. 23 /CNW/ - Wayne Bassett, President and CEO of Samuel, Son & Co., Limited today announced the acquisition of metals distributor AP Specialty Metals. AP operates from a 48,000 square foot facility located just north of Atlanta in Alpharetta, Georgia. AP Specialty's current product line is stainless sheet, bar and plate and aluminum sheet. Their processing facilities include a 60" cut-to-length line, a 60" coil to coil sheet polisher and a 60" sheet to sheet polishing line.

"AP Specialty is a great addition to the Samuel Group of companies.  It will be linked with our current facilities in Florida, Alabama, South Carolina and North Carolina to significantly enhance our ability to service our customers in the Southeastern USA," Mr. Bassett explained.  He added that "AP will now be selling Samuel's full range of carbon, stainless and aluminum products and will also be opening a facility in the Tampa/Orlando area in the near future".

Founded in 1855, Samuel, Son & Co., Limited is one of the largest metal processors and distributors in North America, operating from 52 service center locations and 47 manufacturing locations. Samuel also has facilities in the UK, Australia and China.

For further information:

Peter M. Baines
Corporate Vice-President,
Communications and Corporate Affairs
Samuel, Son & Co., Limited
Tel: [phone]
[email protected]
www.samuel.com