Ampco-Pittsburgh Corporation has announced the acquisition of ASW Steel, Inc. (ASW). ASW is a premier specialty steel producer offering a combination of stainless, carbon and other specialty steelmaking capabilities, based in Ontario, Canada.
ASW will be an indirect subsidiary of Union Electric Steel Corporation, a wholly owned operating subsidiary of Ampco-Pittsburgh. Union Electric Steel is a producer of forged and cast engineered products for the global steel and aluminum industries.
“We are very excited to join the Ampco-Pittsburgh group of companies. Our combined capabilities will offer forgers, ring rollers and rolling mills a high-quality supplier with the broadest range of specialized steel products in the marketplace, said Tim Clutterbuck, President of ASW Steel, Inc.