Steel Dynamics to acquire minority stake of Consolidated Systems for $45m.

Steel Dynamics, steel producer, to acquire steel decking facilities and net working capital of $30m from Consolidated Systems, roof products manufacturer, for $45m. "This purchase will further support the success of this platform and create shareholder value. The transaction is a further step in our growth strategy, and will enhance New Millennium's position as a leading North American provider of steel joist and decking, while also providing an accelerated avenue to new steel deck product offerings and additional cold roll and galvanized flat roll steel pull-through volume for our Columbus Flat Roll Division." Mark Millett, Steel Dynamics President and Chief Executive Officer.