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LaSalle was making cold-finished bars in Hammond and Griffith, Indiana, and Spring City, Pennsylvania, when it was purchased in 1981 by Quanex Corporation for $52 million in cash and notes.
The owner in 1985, Ramco-Fitzsimmons Steel Co.
Instead, however, he changed course and in 1994 offered at least $105 million to acquire New Jersey Steel Corporation, a producer of steel reinforcing bars used in reinforced concrete by the construction industry.
After he tried to revise the deal by offering less cash and more International Metals stock, New Jersey Steel terminated the tentative agreement in early 1995.
Southwest and LaSalle Acquisitions, 1996-97
The acquisition enabled Niagara's net sales to reach nearly $205 million in 1997.
The Hammond plant experienced a nine-week strike in 1998, but Scharf claimed that orders were not affected because of the hiring of about 100 replacement workers and boosted production by the other plants.
In 1998 the company posted sales of over $207 million.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Hynes Industries | 1925 | $75.0M | 100 | - |
| Tokusen USA | 1989 | $57.0M | 200 | - |
| Performance Fibers | 2004 | $416.7M | 1,200 | - |
| Plymouth Tube | 1924 | $160.0M | 800 | 4 |
| Alcan Corporation | 1977 | $230.0M | 4,999 | - |
| DuraFiber Technologies | - | $153.3M | 3,000 | - |
| Bar Processing | 1970 | $6.0M | 35 | - |
| Marcal Paper | 1932 | $310.0M | 800 | - |
| Weaber | 1941 | $182.7M | 200 | - |
| Rutland Plywood | - | $11.0M | 200 | - |
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Niagara LaSalle may also be known as or be related to NIAGARA LASALLE CORP, Niagara LaSalle and Niagara Lasalle Corporation.