{"id":1130,"date":"2015-09-18T21:38:20","date_gmt":"2015-09-18T21:38:20","guid":{"rendered":"http:\/\/upgllc.com\/contractorssteel\/?p=1130"},"modified":"2020-04-30T13:16:04","modified_gmt":"2020-04-30T13:16:04","slug":"union-partners-i-llc-has-closed-on-its-asset-purchase-agreement-with-lee-steel-corporation","status":"publish","type":"post","link":"https:\/\/upgllc.com\/borrmannmetals\/blog\/2015\/09\/18\/union-partners-i-llc-has-closed-on-its-asset-purchase-agreement-with-lee-steel-corporation\/","title":{"rendered":"Union Partners I LLC Has Closed On Its Asset Purchase Agreement with Lee Steel Corporation"},"content":{"rendered":"

OAK BROOK, Ill.\u2013(BUSINESS WIRE<\/a>)\u2013Union Partners I LLC (\u201cUnion\u201d) through its assignee Lee Steel Holdings LLC (d\/b\/a, \u201cLee Steel\u201d) announces it has closed on its Asset Purchase Agreement with Lee Steel Corporation which included Lee Steel Corporation\u2019s Wyoming, MI operations (a\/k\/a, Grand Rapids facility), certain working capital assets and all of its corporate operations effective September 18, 2015. \u201cThis is a new day for Lee Steel\u2019s employees, customers and vendors and we look forward to getting back to business,\u201d said Chris Hutter of Union.<\/p>\n

\n

\u201cWe undoubtedly will be able to earn our customers business back and provide them expanded capabilities under our national platform. The new ownership and management team of Lee Steel commits its full energy and resources to becoming best in class once again<\/em>\u201d<\/p>\n<\/blockquote>\n

Lee Steel has now officially joined an affiliated group of steel service centers, which includes Lexington Steel Corporation, LexWest, LLC, Lex South, LLC, Mapes & Sprowl Steel LLC, Chicago Steel Holdings LLC, JIT Steel Services LLC, Opus Metals LLC, and other strategic alliances in the metals and logistics industries. \u201cWe undoubtedly will be able to earn our customers business back and provide them expanded capabilities under our national platform. The new ownership and management team of Lee Steel commits its full energy and resources to becoming best in class once again,\u201d said Paul Douglass of Union.<\/p>\n

Lee Steel will remain a top-tier service center focused on a continuation and expansion of a 60+ year history of unmatched quality and service to its customers.<\/p>\n","protected":false},"excerpt":{"rendered":"

OAK BROOK, Ill.\u2013(BUSINESS WIRE)\u2013Union Partners I LLC (\u201cUnion\u201d) through its assignee Lee Steel Holdings LLC (d\/b\/a, \u201cLee Steel\u201d) announces it has closed on its Asset Purchase Agreement with Lee Steel Corporation which included Lee Steel Corporation\u2019s Wyoming, MI operations (a\/k\/a, Grand Rapids facility), certain working capital assets and all of its corporate operations effective September… Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":561,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-the-news"],"acf":[],"yoast_head":"\nUnion Partners I LLC Has Closed On Its Asset Purchase Agreement with Lee Steel Corporation - Borrmann Metals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/upgllc.com\/borrmannmetals\/blog\/2015\/09\/18\/union-partners-i-llc-has-closed-on-its-asset-purchase-agreement-with-lee-steel-corporation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Union Partners I LLC Has Closed On Its Asset Purchase Agreement with Lee Steel Corporation - 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