A. M. Castle & Co. Announces Opening of Newest Facility in Lafayette, Louisiana
FRANKLIN PARK, Ill., May 13 /PRNewswire-FirstCall/ -- A. M. Castle & Co. (NYSE: CAS) announced today the opening of its newest facility in Lafayette, Louisiana. This new facility was built to support Castle's oil and gas business and will help to service the local market in the Gulf Region.
The new facility has inventory and processing equipment on-site and will enable Castle to offer daily product deliveries and enhanced service to customers in the Louisiana region.
"The opening of our new Lafayette facility extends Castle's reach in the Louisiana market and will enable us to provide better service and value-added solutions to our customers in the region," said Michael Goldberg, CEO and President for A. M. Castle & Co. "The strong support of our customers and the positive business atmosphere of the Louisiana market have played a key role in the development of our newest facility."
Lafayette is the second new oil and gas facility opening announced by A. M. Castle & Co. in recent months following Edmonton, Alberta.
The new facility is located at 128 Thru-Way Park, Lafayette, LA and will have a full-time area manager on-site.
About A. M. Castle & Co.
Founded in 1890, A. M. Castle & Co. is a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, principally serving the producer durable equipment sector of the economy. Its customer base includes many Fortune 500 companies as well as thousands of medium and smaller-sized firms spread across a variety of industries. Within its metals business, it specializes in the distribution of alloy and stainless steels; nickel alloys; aluminum and carbon. Through its subsidiary, Total Plastics, Inc., the Company also distributes a broad range of value-added industrial plastics. Together, Castle operates over 65 locations throughout North America, Europe and Asia. Its common stock is traded on the New York Stock Exchange under the ticker symbol "CAS". Visit the company's Web site at www.amcastle.com.
SOURCE A. M. Castle & Co.
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