Smorgon Steel Group Ltd. has acquired the operating assets of American Grinding Systems, LLC Oct. 1. American Grinding is located in Kansas City, Mo.
Acquisition of the AGS assets, which have the capacity to produce a range of grinding media from 1.5 inch diameter up to 5.5 inch diameter, will increase Smorgon Steel's global capacity and increase its ability to efficiently service its customer base. Smorgon Steel currently produces about 180,000 metric tons of grinding media a year.
AGS has sourced bar as feedstock for the manufacture of grinding media from Nucor and this arrangement will continue following the acquisition. The AGS assets will be incorporated into Smorgon Steel Grinding Media, part of Smorgon Steel's Reinforcing and Steel Products Division.
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