Steel Technologies Inc’s acquisition of Kasle Steel Corp has been completed. STI purchased all of the outstanding stocks in the private company for a price tag of around US$49 million. Kasle Steel has five facilities, including three joint ventures. The five are Kasle Steel Auto Blankers Inc and Kasle Steel of Canada Ltd as well as the three joint venture operations of RSDC of Michigan, L.L.C., Kasle Metal Processing, LLC, and Delaco-Kasle LLC d/b/a Delaco Kasle Processing. “Kasle Steel and its joint ventures operations will be a great addition to our North American platform" said Bradford T. Ray, Chairman and Chief Executive Officer of STI. (May 10)