LIBERTY Steel USA has completed the acquisitions of Ohio-based companies Solon Specialty Wire and Shaped Wire from Leggett & Platt, opening new product markets and avenues for growth for LIBERTY in the United States.
A leading manufacturer of drawn steel wire, cold‐rolled shapes, and aluminium products, Solon provides solutions for customers in the automotive, fiber optic, food packaging and medical end markets.
Solon will be incorporated and managed under the LIBERTY Johnstown Wire business and will provide additional diversification of product offerings into areas such as optical, medical and shaped wire applications.
Greg Jones, chief executive LIBERTY Steel USA, said: “Solon’s wide range of wire size capabilities will complement LIBERTY existing North American wire operations in Peoria, IL and Johnstown, PA. Solon’s operations have been strongly profitable historically and will drive synergies and growth across LIBERTY’s wire business. I would like to extend a warm welcome to all of Solon Wire’s employees to the LIBERTY and GFG family.”