What Coilplus does

Coilplus, Inc. is a North American flat-rolled steel processor and distributor founded in 1985 and headquartered in Rosemont, Illinois (Chicago metropolitan area). The company operates nine production facilities across the United States (Alabama, Illinois, Pennsylvania, Ohio-Springfield, Ohio-Piqua, Texas, North Carolina), Canada (Ingersoll, Ontario), and Mexico (Ramos Arizpe, Coahuila), with a stated footprint encompassing ten strategically located sites including the corporate headquarters. Coilplus is a wholly-owned subsidiary of Metal One Group, the global metals distribution and trading leader formed from the merger of the steel product divisions of Mitsubishi Corporation and Sojitz Corporation, a relationship established in 2003 that provides mill-sourcing scale and capital backing.

The company's core business is toll processing and distribution of flat-rolled carbon steel, stainless steel, aluminum, and pre-painted metals, offering slitting (down to .007\" gauge), blanking, cut-to-length, sheeting, edging, oscillated slitting, gauge correction via re-rolling, and toll processing — with a guaranteed minimum 94.5% conversion rate and a 100% quality-conformance guarantee. The Plainfield, Illinois facility is described as the only processor in North America with a fully automated knife stand, enabling ultra high strength steel processing for advanced automotive applications. The company also runs JIT, Kanban, and Demand Flow inventory-management programs, transportation solutions, and metal-fabrication services.

Revenue derives from three streams: (1) toll and precision processing fees on a transaction basis, (2) product sales of flat-rolled steel (one-time transactional sales), and (3) managed inventory and supply-chain service programs that create recurring relationships. Coilplus sells exclusively through a direct enterprise field-sales model, with dedicated sales teams and contact emails at each facility, targeting large OEM and Tier 1 manufacturers in automotive and eight additional industrial verticals: appliance, construction, electrical, energy, hardware, HVAC, office equipment, and racking. Pricing is not publicly disclosed and is established via per-facility direct quotations and contractual agreements.

Name

Coilplus

Legal name

Coilplus, Inc.

Website

https://coilplus.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

101–250 employees

Short description

Coilplus is a North American flat-rolled steel processor and distributor operating nine facilities across the U.S., Canada, and Mexico. Founded in 1985 and owned by Metal One Group (Mitsubishi/Sojitz), it provides slitting, blanking, toll processing, and supply chain solutions to automotive, appliance, construction, and industrial manufacturers across nine end-markets.

Ownership category

akta.pro rank

Product category

Flat-Rolled Steel Processing and Distribution

NAICS

Rolling and Drawing of Purchased Steel (33122)

SIC

Sheet Metal Work (3444)

akta.pro primary industry

Steel Service Centers & Processing (Slitting, Cut-to-Length, Blanking, Leveling) (IMAKABAL)

akta.pro secondary industries

Coated & Plated Steel (Galvanized, Galvalume, Tinplate, Electrogalvanized, Color-Coated) (IMAKABAG), Cold Rolling & Finishing (Cold-Rolled Coil/Sheet, Temper, Skin Pass) (IMAKABAF)

Keywords

• Flat rolled steel processing
• Metal supply chain solutions
• Steel slitting and blanking
• Toll processing services
• Precision steel distribution

Headquarters

HQ city

Rosamond

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Flat-Rolled Steel Processing Services: Coilplus generates revenue primarily through toll processing and precision processing services for carbon steel, stainless steel, and aluminum, including slitting, blanking, sheeting, cut-to-length, edging, oscillated slit coil, gauge correction, and toll processing. Services are complemented by inventory management, transportation solutions, and fabrication. The company also distributes flat-rolled steel products (HRP&O, cold rolled, galvanized, galvannealed, aluminized, galvalume, ZAM, electro-galvanized, pre-painted, stainless steel, aluminum). Revenue is derived from processing fees, product sales, and supply chain management services.
2. Product Sales (Flat-Rolled Steel): Sale of flat-rolled carbon steel, stainless steel, aluminum, and pre-painted metals, with flexible inventory programs including JIT, Kanban, and Demand Flow systems.
3. Flexible Inventory Programs: Coilplus functions as an extension of customers' manufacturing processes through stocking programs, delivering just-in-time to exceed customer expectations, contributing to recurring revenue from inventory management.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Coilplus processes and distributes flat-rolled steel products—including carbon steel, stainless steel, aluminum, and pre-painted metals—through nine facilities across North America. Its core offering spans toll and precision processing services such as slitting, blanking, sheeting, cut-to-length, oscillated slit coil, and gauge correction/re-rolling, complemented by flexible inventory programs (JIT, Kanban, Demand Flow), transportation solutions, and metal fabrication for industrial OEM and Tier 1 manufacturing customers.

Product overview

Coilplus is the largest distributor of coated flat-rolled steel in the U.S., Canada, and Mexico, operating as a metal supply chain solutions provider since 1985. The company offers a unified portfolio consisting of core metal products (Carbon Steel, Stainless Steel, Aluminum, and Pre-Painted Metals) complemented by a comprehensive suite of processing services including Slitting, Cut-to-Length, Blanking, Edging, Oscillate Slitting, Gauge Correction, Toll Processing, Inventory Management, and Transportation Solutions. The company also provides Metal Fabrication Services. With ten strategically located facilities across North America and backing from Metal One Group, Coilplus delivers integrated metal supply chain solutions primarily serving the Appliance, Automotive, Construction, Electrical, Energy, Hardware, HVAC, Office, and Racking markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Carbon Steel Processing and Distribution Processing and distribution of carbon steel flat-rolled products including hot rolled, cold rolled, galvanized, galvannealed, aluminized, galvalume, ZAM, and electro-galvanized variants for industrial manufacturers.
• Stainless Steel Processing and Distribution Processing and distribution of stainless steel flat-rolled products with capabilities for surface-sensitive materials and ultra high strength steels at the Illinois facility.
• Aluminum Processing and Distribution Precision processing and distribution of aluminum flat-rolled products across all nine North American Coilplus locations.
• Pre-Painted Metals Processing and Distribution Processing and distribution of pre-painted steel and metal flat-rolled products for various manufacturing applications.
• Metal Fabrication Services Fabricated metal parts processing and manufacturing services complementing flat-rolled steel distribution for industrial customers.
• Slitting Services Precision slitting of flat-rolled steel coils covering thickness range from .007" through .500", including oscillated slit coil for gauge correction and superior shape control. Includes fully automated knife stand capability at the Illinois facility.
• Cut-to-Length Services Cut-to-length processing services for blanks and sheets with thickness range from .012" through .135", including multi-blank and edge trim capabilities at the Pennsylvania facility.
• Blanking Services Blanking processing capabilities for precise flat-rolled steel blanks and sheets, including multi-blank configurations.
• Oscillated Slit Coil and Re-Rolling Services Specialized oscillated slit coil processing with re-rolling capability for gauge correction and improved flatness/shape control of slit coils.
• Toll Processing Services Contract processing services for customer-supplied flat-rolled steel materials, with a guaranteed minimum conversion rate of 94.5%.
• Inventory Management Programs Flexible inventory management programs including Just-In-Time (JIT), Kanban, and Demand Flow systems that position Coilplus as an extension of customers' manufacturing processes and generate recurring revenue.
• Transportation and Logistics Solutions Logistics and transportation solutions for metal supply chain management, integrating delivery coordination with processing and inventory programs.

Quantifiable outcome

• Nine strategically located facilities across the U.S., Canada, and Mexico delivering high-quality steel products when and where customers need them.
• +2 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Worthington Steel: Spun off from Worthington Industries in 2023, Worthington Steel is one of the largest independent flat-rolled steel processors in North America, offering slitting, blanking, cut-to-length, and other processing services directly comparable to Coilplus' core capabilities.
• Olympic Steel: Cleveland-based metals service center specializing in flat-rolled steel processing and distribution across multiple facilities in the U.S. and Mexico, serving similar OEM and industrial end markets as Coilplus.
• Steel Technologies (a Nucor company): Owned by Nucor, Steel Technologies operates flat-rolled steel processing and sourcing facilities across North America serving automotive, appliance, and other industrial customers — directly comparable to Coilplus' processing model.
• Heidtman Steel Products: Toledo-based flat-rolled steel processor offering slitting, blanking, cut-to-length, and other processing services to automotive and industrial customers across multiple U.S. facilities — a close direct competitor to Coilplus.
• Mill Steel Company: Grand Rapids-based flat-rolled steel distributor and processor serving OEM customers with slitting, blanking, cut-to-length, and other value-added processing services — directly comparable to Coilplus' core offering.
• Pacesetter Steel Service: Flat-rolled steel service center processing carbon, galvanized, and stainless steel products for OEMs across the southeastern and midwestern U.S., directly comparable to Coilplus' Alabama and North Carolina operations.
• Samuel, Son & Co. Canadian-based metals service center and processor with North American operations providing flat-rolled steel processing and distribution — overlapping with Coilplus' Canadian and U.S. facility footprint.

Broad incumbents

• Reliance Steel & Aluminum: Largest metals service center company in North America, processing and distributing carbon steel, aluminum, stainless, and other metals across hundreds of facilities — a much larger incumbent operating in Coilplus' same broad category.
• Ryerson: Value-added metals distributor and processor offering flat-rolled and other metal products across North America; while broader than Coilplus, it competes for many of the same OEM and Tier 1 customers in industrial markets.
• thyssenkrupp Steel Services: International steel service-center business owned by thyssenkrupp, providing flat-rolled steel processing and distribution with operations in Europe and North America — competing with Coilplus particularly in cross-border automotive OEM contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coilplus