Three D Metals acquires Williams
Feb 10, 2016 |
05:45 PM | Grace Lavigne
NEW YORK — Three D Metals Inc. has acquired Williams Metals &
Welding Alloys Inc. to expand its product offerings and geographic coverage in
The terms of the deal, which was finalized Feb. 8, were not disclosed.
The acquisition of Williams Metals, a ferrous and nonferrous products service
center, is “very complementary and a huge opportunity for (the Three D) sales
team,” David D. Dickens Jr., the company’s new chief executive
officer, told AMM. Three D Metals offers ferrous and
nonferrous distribution, as well as toll processing for mills.
“We expect to use all of (Williams Metals’ facilities) to better serve our
customers in the (United States), Canada and Mexico,” Dickens said. “These are
two strong companies coming together; this isn’t one or the other trying to
save a struggling company.”
Williams Metals operates eight facilities in the eastern half of the United
States, including its headquarters in Wayne, Pa.; a sales and administration
office in Pittsburgh; four sales and warehouse locations in
Alabama, Missouri, North Carolina and Ohio; and two sales operations in
Illinois and Ohio, according to the company’s website.
Meanwhile, Three D Metals operates a 160,000-square-foot production facility at
its headquarters in Valley City, Ohio, as well as a warehouse in Burlington,
The two companies have little overlap, though they both provide copper and
aluminum bar and coil products to the power generation industry, Dickens
said. While Williams Metals is mainly a distributor, it also has “some
manufacturing capabilities,” he added.
According to Three D, under the terms of the acquisition Williams Metals
president and chief executive officer Joe Walton, who has owned Williams Metals
for 15 years, will remain with the company to assist with the
“(Walton) formed a strong team dedicated to customer service that blends well
with the family-owned business environment at Three D,” the company said in a
release provided to AMM.
In addition, Three D has reorganized its executive structure, including
Dickens’ promotion to chief executive officer, effective immediately. Dickens
previously served as president of Three D, and will be succeeded in that
position by his brother-in-law, Christopher A. Berry, former vice president of
sales. Stephen R. Switaj was promoted to vice president of finance.
“These changes are to give us that flexibility as we grow,” Dickens said.
David D. Dickens Sr., who founded Three D with his wife, Donna Dickens, in
1972, will remain in his position as chairman of the board.
Featured in the 2/11/16 American Metal Market.