Magnetics Business & Technology - July/August 2019 - 23

INDUSTRY NEWS

Union Partners, Owner of Lamination Specialties and Mapes & Sprowl Steel, Continues to Build
Its Footprint Across North America
its operations also include Contractors Steel and Chicago Steel.
According to co-founders Chris Hutter and Paul Douglass, Union
was founded by families with multi-generational experience in
steel, real estate and logistics.
"Lamination Specialties is a welcome addition to our electrical steel platform," commented Douglass when it was acquired
in March. Established more than 60 years ago, it distributes
products throughout North America and overseas. In addition to
its lamination capabilities for transformers, ballasts, motors and
custom designs, it operates a full-service electrical steel service
center.

Mapes & Sprowl

Union Partners, a Chicago based holding company with a growing
portfolio of electrical steel manufacturers and steel service-supply
centers across North America, is continuing its acquisitive path
with another transaction in March and word of an additional expansion in the works.
Maksteel, a Canadian-based company which Union acquired
just last year, has now acquired LexWest Steel, a Los Angelesbased distributor of flat-rolled steel products. No financial terms
were disclosed for the deal, which will see LexWest rebranded as
Maksteel USA.
Lamination Specialties Corp., one of the largest manufacturers
of electrical steel laminations in North America, also came under
Union ownership last year. The deal added to Union's lineup
of other manufacturers of electrical steel and steel laminations
that include Mapes & Sprowl Steel and Cortran. Combined, the
companies serve a broad mix of transformer, motor and generator
manufacturers among other industries.

Lamination Specialties

Union Partners is a hands-on holding company of metals and
logistics companies. With 21 locations throughout North America,

It has 300,000 square feet of manufacturing space with state-ofthe-art facilities including over 40 high-speed stamping presses,
four continuous roller-hearth annealing furnaces, precision slitting, cut-to-length and blanking equipment, plus value-added offerings including MITRE cores, distributed gap cores, and robotic
welding capabilities. It supplies electrical steel laminations for a
variety of applications in hundreds of shapes and sizes, as well
as processed silicon electrical steel and cold rolled low carbon
electrical steel.
Founded in 2001, LexWest offers slitting and cut-to-length capabilities, and carries a variety of hot rolled, cold rolled, coated and
pre-painted flat rolled products. With its addition, Maksteel, which
is based in Mississauga, now operates out of nine facilities in the
US and Canada plus a new expansion in Arizona is in the works,
said Union.

With deep roots in magnetics going back over 50
years, Integrated Magnetics can provide you with
on-target solutions from permanent magnets to
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July/August 2019 * Magnetics Business & Technology

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Magnetics Business & Technology - July/August 2019

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