Atlas Holdings is a private equity firm with over 20 years of experience focused on industrial investments. The company provides capital and strategic support to businesses across sectors such as steel, packaging, energy, and construction. Atlas has contributed to the growth of steel manufacturers involved in landmark projects including One World Trade Center and the Frederick Douglass Memorial Bridge in Washington, DC.
EVRAZ North America operates multiple facilities across locations including Pueblo (CO), Portland (OR), Regina (Saskatchewan), and Alberta. Its Pueblo plant is the world’s largest solar-powered steel mill and is also the largest rail producer in North America. The company’s Canadian operations are among the continent’s largest suppliers of tubular products for the energy sector. EVRAZ North America has an annual steelmaking capacity of 2.3 million tons and a finished product capacity of 3.5 million tons. More than 98% of the steel produced uses recycled scrap material.
Atlas Holdings Partner Sam Astor stated, "Despite the global dynamics of the steel market and unique challenges facing the business, the EVRAZ team has continued to drive the business forward and we want to thank them for their hard work and dedication. This a major investment in creating a more vibrant domestic steel production industry right here in the United States and Canada."
James ‘Skip’ Herald, President and Chief Executive Officer of EVRAZ North America, commented, "This is an exciting new chapter for EVRAZ North America. It brings long-term opportunity for our people, our customers, and the communities where we operate. Atlas shares our belief that a strong future starts with investing in the people who make it happen. Their strategic approach and track record of operational investment make them the right partner for our next chapter."
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