Keystone Consolidated Industries, Inc. (KCI), today announced it has acquired all of the outstanding capital stock of Strand-Tech Martin, Inc. (STM), located in Summerville, South Carolina. STM is a producer of PC strand and industrial wire for pre-stressed concrete and post-tension markets and manufactures a full line of PC strand and high carbon wire products for the construction industry.
Roberto de Miranda on behalf of the Seller, stated “I am confident the capabilities and experience of KCI will ensure STM continues to successfully grow and supply customers with the highest quality products”.
A significant amount of the high carbon steel rod feedstock for STM will be provided from KCI’s Keystone Steel & Wire (KSW) mill in Peoria, Illinois, with the flexibility to utilize third party sources of steel rod as necessary. KSW’s steel mill will provide STM an assured supply of steel rod that meets the requirements for customer’s projects requiring “made in the USA” materials, while shifting and increasing KSW’s productive rod capacity to products utilized in concrete reinforcement and similar value added markets.
Chris Armstrong, KCI’s Chief Executive Officer, commented; “We are excited to bring STM into the Keystone group and add PC strand to our product offerings. PC strand is complementary to the welded wire reinforcement currently manufactured by our Engineered Wire Products business and also exploits KSW’s recently completed significant upgrades to its arc shop and rod mill to produce high carbon and cold headed quality billet and rod.”
Keystone Consolidated Industries, Inc. is headquartered in Dallas, Texas. The Company is a leading domestic producer of steel fabricated wire products, industrial wire and wire rod. The Company also manufactures welded wire mesh, coiled rebar, PC strand and steel bar and other products for the agricultural, industrial, construction, original equipment manufacturer and retail consumer markets.
Learn more about Strand-Tech Martin Inc. at strandtech.com.
Keystone Steel and Wire hosted the 83rd annual meeting of the Electric Metal Makers Guild in East Peoria, Illinois.
Gary Baker, president of Arc Furnace Pro, was presented with The Billy Wallis Award in recognition of his contribution to the worldwide EAF industry through maintaining, upgrading, and optimizing furnace regulation and power systems as well as technically training all levels of operations and maintenance personnel.
The 2015 Ron E. Lincoln Guilder of the Year Award was presented to Brendan Connolly of Ellwood Quality Steel for his contribution and participation to the organization over the past year.
The 2016/2017 EMMG officers are:
The Electric Metal Makers Guild (EMMG) is an association made up exclusively of persons who are directly responsible for the melting operation in the manufacture of metal produced, refined, or treated wholly or partially in electric melting furnaces. It was founded in 1933 for the sole purpose of promoting progress in the development and manufacture of metals treated in electric melting furnaces, and to assist those engaged in the industries concerned, by cooperative actions taken for the exchange of information of mutual interest to our members.
Executives at Keystone Steel & Wire, manufacturer of Red Brand agricultural fence, are responding to the recent historic wildfires in Oklahoma and Kansas.
“Our hearts go out to those affected by these fires, and we are eager to do what we can to assist in the recovery,” stated Darren Markey, Executive Director of Wire Products at KSW. “The news we are getting out of Oklahoma and Kansas is that this devastating fire has caused millions of dollars in lost property, including hundreds of miles of fence line throughout both states. Fortunately, Red Brand is poised to assist in the enormous rebuilding efforts. We already have a substantial amount of product on the ground at local dealers and we’re ready to ship more where needed. That’s one of the benefits of being American-made; we can respond quickly and efficiently,” Markey explained.
‘We want to help get the farmers and ranchers affected by these fires back to normal as soon as possible,” said Markey. To assist with the recovery, Red Brand has implemented a service project challenge called ‘The Red Brand Wildfire Relief Program’ to mobilize volunteers. By partnering with local FFA chapters, Red Brand is encouraging those chapters to seek out neighbors that need help with fence rebuilding. In return, Red Brand will donate up to $1,000 to the local FFA chapters that coordinate these efforts.
In addition to the free installation services provided by teams of FFA volunteers, consumers and contractors can take advantage of various rebate programs available at participating dealers. These programs will provide a cost savings on qualifying fence products. More information can be found at redbrand.com.
For information and details on how to get involved with the Red Brand Wildfire Relief Program, contact Dain Rakestraw, Red Brand Marketing Manager, at email@example.com or 309.697.7063. Follow Red Brand updates at facebook.com/redbrandagfence.
The Red Brand Wildfire Relief Program
Red Brand Contribution:
Rebates on fence:
Keystone Steel & Wire, a division of Keystone Consolidated Industries, Inc., recently began shipping orders of PC Strand Wire Rod, the newest offering in its diverse and growing lineup of wire rod capabilities.
KSW’s 1080 carbon steel PC Strand Wire Rod is offered in the common finished rolling sizes of 7/16″, 3/8″, 1/2″ and qualifies under technical standard ASTM A-416, using 100% American-sourced scrap metal recycled into new steel at their Peoria, Illinois plant.
The addition of this high value-added product opens a brand new market for KSW. Strategic capital expenditures have enabled this product expansion. Electromagnetic stirring at the caster has significantly increased KSW’s ability to produce higher and tighter specifications of high carbon rod. At the rod mill, lap lasers have been installed for section control, also eddy current testing has been added for surface defect detection. At the stelmor deck, new opti-mesh panels were added for improved uniform cooling.
“This multi-million dollar investment in technology enables us to produce some of the most exacting high carbon wire products,” explained KCI CEO Chris Armstrong. “Keystone Steel & Wire is committed to providing consistency and reliability in every ounce of steel that is shipped from our mill. With PC Strand Wire Rod leading the way, these new capabilities extend our product offerings, assuring customers they can continue to rely on KSW to meet the strict demands of today’s high quality steel needs,” continued Chris Armstrong.
American-based KSW boasts critical advantages in today’s competitive steel market. Manufactured domestically in a single location, the process is expertly monitored during all phases of production for assured consistent, reliable quality. With an emphasis on customer service and on-time delivery, KSW is nimble enough to handle unique specifications while meeting quick turn-around schedules. Ideally located in Peoria, Illinois, KSW is positioned to ship by truck, rail or barge, reaching customers by the most time- and cost-efficient mode of transportation regardless of destination. “That’s how we built, and continue to grow, our reputation as an industry leader across all our steel and value added products.” stated Chris Armstrong.
To learn more about Keystone Steel & Wire’s capabilities and for product specifications, contact KSW representative Steve Ashby at firstname.lastname@example.org
Keystone Consolidated Industries, Inc. (KCI), through its subsidiary Engineered Wire Products (EWP), has announced plans to establish a welded wire reinforcement mesh (WWR) manufacturing operation at its facility in Sherman, Texas, as the next step of its expansion strategy. EWP expects to utilize recently acquired WWR and support equipment at the Sherman facility to serve customers in Texas and surrounding states, as well as providing the ability to initiate service into areas where future facilities are expected to be built.
The Sherman, Texas expansion follows EWP’s 2014 launch of its growth strategy via its acquisitions of WWR facilities in Las Cruces, New Mexico and Warren, Ohio and subsequent expansion of those facilities in 2015. These initial steps collectively double EWP’s WWR productive capacity of its original WWR facility in Upper Sandusky, Ohio, and greatly expands EWP’s geographical footprint thereby increasing EWP’s ability to compete in established and new growing markets.
The primary steel rod feedstock for the current and future WWR facilities will be provided from KCI’s Keystone Steel & Wire (KSW) mill in Peoria, Illinois, with the flexibility to utilize third party sources of steel rod as necessary to help support future growth and expansion of concrete reinforcement and similar value added products beyond KSW’s current steel rod capacity. The integration with KSW’s steel mill also provides EWP an assured supply of steel rod that meets the requirements for customer’s projects requiring “made in the USA” materials, while shifting and increasing its productive rod capacity to products utilized in concrete reinforcement and similar value added markets.
Additionally, KSW has recently completed significant upgrades to its arc shop and rod mill to expand its steel production capabilities to include high carbon and cold headed quality billet and rod. Consistent with its growth and expansion strategy, this enhanced capability further expands KCI’s opportunities to achieve additional growth in value added products, including prestressed concrete strand and other concrete reinforcement products, which together with WWR have many similar customers.
Chris Armstrong, KCI’s Chief Executive Officer, commented; “The ability for EWP to internally source U.S. made steel from our mini-mill in Peoria, Illinois is a great competitive advantage for EWP, KSW and ultimately our customers. This competitive advantage is a major tenet of the expansion strategy we commenced in 2014, a strategy which I look forward to continuing through additional organic and acquisitive strides with the full support of our shareholder in the months and years to come.”
SOURCE: Keystone Consolidated Industries, Inc.
CONTACT: Janet Keckeisen, Director Business Development and Investor Relations, (972) 458-0028