USX sold eight of its service centers in the West.
The service centers, which that handle medium-size steel orders, have been sold to Metra Steel, a division of Schnitzer Steel Products Co. of Portland, Ore. Terms were not disclosed. “This is part of our long-standing restructuring program to dispose of assets which no longer fit into the corporation’s long-term strategic plan,” USX Chairman David Roderick noted. The service centers employ a total of about 190 employees and are located in Los Angeles, San Francisco, Portland, Ore., Seattle and Spokane, Wash., Phoenix, Salt Lake City and Denver.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
