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Seeing a future beyond strip: how one family-owned service center evolved with the market.

Publication: Metal Center News
Publication Date: 01-AUG-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Seeing a future beyond strip: how one family-owned service center evolved with the market.(MCN Case Study: Thompson Steel Co.)

Article Excerpt
Until the late '80s, Thompson Steel Co. was in the cold-rolled strip business, specializing exclusively in the annealing, slitting and cold rolling of narrow carbon steel strips. Adapting to the changing market conditions, the company made a successful transition to full-service provider of carbon flat-rolled products.

As mills got better at producing coils without such a critical need for additional cold rolling, Thompson Steel executives realized they needed to expand their company's focus beyond just strip. "Now we cover the whole market for flat-roll," says Ed Ryan, executive vice president of the Canton, Mass., service center.

The family-owned business, founded in 1922 as a wire mill by George Thompson, was purchased in 1974 by Ed's father, current chairman George Ryan....

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