Piling Canada

JD Fields & Co. acquires Alameda Pipe & Steel Co.

Industry News
Written by Piling Canada
July 2020

JD Fields & Company, Inc. – a leading U.S. oil and gas pipeline and civil infrastructure steel products distributor – announced the acquisition of Alameda Pipe & Steel Company, a steel products manufacturer based in Gardena, Calif. The purchase of the newly branded Alameda Pipe and Fab enables the 35-year-old JD Fields & Company to continue its evolution into a one-stop, vertically integrated supplier and manufacturer of its own steel products.

“We are moving quickly to adapt to changing global dynamics so that steel products can be distributed and manufactured by one company,” said Jay Fields, president and COO of JD Fields & Company. “Our acquisition of Alameda Pipe and Fab is the first major step in a strategic growth plan to move into the steel manufacturing industry as we continue to expand on the West Coast. I am excited about the opportunity to absorb Alameda’s plants and bring on their top-level executives, who have the right connections and deep industry knowledge in the field to rival any competitor.”

The acquisition of the 85-year-old Alameda Co. will allow JD Fields to maintain the same revenue as well as provide added value to customers who are looking to buy top quality niche steel products with better options for contractors looking for specific products and services that meet their unique needs.

In addition to its path to vertical integration with production of rolled and welded casing as well as pipe and structural fabrication, JD Fields is breaking ground in Houston on a new state-of-the-art spiral weld pipe mill that will produce unique heavy wall structural pipe to serve DOT highway, USACE marine and private port/civil sectors. The downstream value-added capabilities of R&W casing, coatings, pipe and specialty beam fabrication will firmly position the mill as a low cost, high quality producer.

With 120 years of combined experience, the Fields and Alameda companies have each earned their reputations in the industry as leading steel suppliers and manufacturers, respectively, by investing in industry experts with unique skillsets. The merger will only drive value to their new and existing customers in the steel, oil and gas, infrastructure and transportation industries with diversified construction products and oilfield service divisions as well as combined financial and human resources.

The merged entity will continue operating privately as one of the leanest and highest revenue per employee distributors, fabricators and manufacturing companies in the industry. Chris Risso, the former president of Alameda, will join JD Fields as senior vice-president of regional sales. Risso will work in tandem with the company’s highly specialized and technically versed sales income producers who will continue managing their own divisions.

This acquisition is the start of the professed goal of the Fields companies to be one of the top material resources in the world for domestic and international infrastructure projects.  🍁

Category: Industry News

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