Pennsylvania Steel Company, Inc. today announced that it will purchase certain assets of Nivert Metal Supply,
Inc., a leading metals service center operating in Throop, Pa. The transaction is expected to close by the end of
October.

The acquisition will allow Pennsylvania Steel to expand its geographic customer base while providing
improved service for cut‐to‐size metals in the Northeast. All existing operations of Nivert Metal will continue
in Throop, with Aaron Nivert ‐ son of President Louis Nivert ‐ leading the team as General Manager.

Nivert Metal President Louis Nivert said: “For more than 75 years, this family business has provided quality
material and service to all our customers. But to continue to grow and thrive we need to be part of something
bigger. We believe Pennsylvania Steel shares our values and commitment to customers and employees and are
the right people to continue our legacy moving forward.”

“Nivert Metal joins our eight existing service centers and enhances our network of strategic locations. We are
excited to welcome the Nivert Metal team to the Pennsylvania Steel family,” said Joseph Dombrowski, CEO
and founder of Pennsylvania Steel. “Like Pennsylvania Steel, Nivert Metal has a great reputation in the metals
industry and this acquisition enables us to continue our growth strategy, offering a wider range of products and processing capabilities across the Pennsylvania Steel footprint.”

Nivert Metal offers carbon steel, stainless steel, aluminum, brass, copper and specialty metals for next‐ day
delivery to customers in Northeast Pennsylvania, Southern New York and Eastern New Jersey, as well as a full
range of value‐added processing services, including burning, shearing and saw cutting.

Pennsylvania Steel is a veteran owned privately held full line Metals Service center headquartered in Bensalem PA. Pennsylvania Steel provides raw materials to the metal manufacturing sector through eight Service Center locations. Core products include carbon and alloy Steels, aluminum, stainless, tool steel, and tubing products.

PDF version of this release can be viewed here.