by Talk Business & Politics staff (staff2@talkbusiness.net)

Olympic Steel Inc., a leading national metals service center, today announced that it has acquired Central Tube & Bar of Conway. The all-cash purchase is expected to be immediately accretive. Terms were not disclosed.

Central Tube & Bar was founded in 1996 and serves large original equipment manufacturers (OEMs) and fabricators across the Mid-South from three facilities in Conway, Arkansas, and Tulsa, Oklahoma, totaling 162,000 square feet of warehouse and production space.

The business offers a range of value-added fabrication services, including tube laser cutting, tube bending, robotic welding, flat laser burning and brake press forming.

Cleveland steel firm acquires Conway, Tulsa facilities - Talk Business & Politics