CP acquires Steelcare Inc.

Written by Jenifer Nunez, assistant editor

Canadian Pacific has acquired Steelcare Inc., Canada's largest steel transload facility, which is located in Hamilton, Ontario.

 

“CP is committed to exceptional customer service and with direct ownership of Steelcare, we are better equipped to manage our own supply chain and utilize our in-house expertise,” said James Clements, CP vice president of strategic planning and transportation services.

Steelcare is a transload and distribution hub providing transloading, warehousing and distribution services of steel products. Steelcare’s Plant Six facility in CP’s Aberdeen yard is a 168,000-square-foot facility featuring two drive-through rail and truck loading and unloading areas. Steelcare is able to handle up to 1.5 million tons of rail transload product in a given year. The transaction includes TransCare Logistics Corporation, Prometheus Six Inc. and East Port Warehousing & Distribution.

 

Tags: