Alcoa Inc. and BHP Billiton have completed the merger of Alcoa’s metals distribution business, Reynolds Aluminum Supply Company (RASCO) and BHP Billiton Group’s North American metals distribution business (Vincent Metal Goods in the USA and Atlas Ideal Metals in Canada). As a result of the merger, a new, independently managed company has been formed: Integris Metals (pronounced “in-TEG-ris”). Alcoa and BHP Billiton each own 50%. The new combined company will have approximately 3000 employees at more than 60 locations in 32 states and throughout Canada. Revenues for Integris Metals are projected to exceed USD 2 billion annually based on 2001 year-to-date results.
Integris Metals will serve more than 35,000 customers in markets such as transportation, general manufacturing, machinery and equipment, and building and construction. The company provides aluminium, stainless steel, carbon steel, copper, brass and nickel alloys in a variety of forms such as sheet, plate, bar, shapes, tube and pipe. Integris Metals also offers a full range of processing services including cut-to-length levelling, precision blanking, high-definition plasma cutting, slitting, polishing and heat treating. Senior officers of the new company will be located at a corporate centre in Minneapolis, Minnesota.
