Metal Processing Corporation
Metal Processing Corporation is a Gary, Indiana-based toll processor founded in 1994 that provides slitting, cut-to-length processing, climate-controlled warehousing, and logistics to industrial manufacturers, steel service centers, and OEMs processing carbon steel, stainless steel, and aluminum coils.
- Company typePrivate
- Founded1994
- HeadquartersGary, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Metal Processing Corporation does
Metal Processing Corporation (MPC) is a privately held, Gary, Indiana-based toll processor founded in 1994 that provides metal coil processing, climate-controlled warehousing, and logistics services to industrial manufacturers, steel service centers, and select OEMs. The company processes carbon steel, stainless steel, and aluminum using four slitter lines (up to 84 inches, 100,000 lb coils, and 0.625-inch gauge capacity) and three cut-to-length lines, with on-site Rockwell testing and spray oiling capabilities. Its 400,000 sq. ft. climate-controlled warehouse is supported by 11 cranes (20-50 ton capacity), 13 shipping docks, 2 receiving lanes, and a private trucking fleet with direct rail access via Norfolk Southern and Canadian National, and proprietary Stelplan software plus barcode-based inventory tracking integrates processing, storage, and transportation.
MPC's business model is built on transaction and usage-based fees: per-tonnage toll processing charges for slitting and cut-to-length work, usage-based storage fees for warehoused material, and transactional logistics revenue from its own fleet and rail coordination. Go-to-market is enterprise field sales driven by relationship-based selling, with quote-based (RFQ) pricing, Net 10 credit terms, and multi-year service relationships. The company is ISO 9001:2015 certified (upgraded from ISO 9001:2000 in 2017) and emphasizes a structural policy of never selling metal, eliminating channel conflict with its processing customers. Customer concentration is undisclosed but described as spanning both large and small organizations across multiple industries, with leadership under President and CEO Dave Ackerman and CFO Mike Barkus and an experienced management team averaging 20 years in the steel industry.
Metal Processing Corporation firmographics
Firmographics- Name
- Metal Processing Corporation
- Legal name
- Metal Processing Corporation
- Website
- https://metalprocessingcorp.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Metal Processing Corporation is a Gary, Indiana-based toll processor founded in 1994 that provides slitting, cut-to-length processing, climate-controlled warehousing, and logistics to industrial manufacturers, steel service centers, and OEMs processing carbon steel, stainless steel, and aluminum coils.
- Ownership category
- akta.pro rank
Metal Processing Corporation industry classification
Industry- Product category
- Metal Toll Processing Services
- SIC
- Sheet Metal Work (3444), Wholesale-Metals Service Centers & Offices (5051)
- akta.pro primary industry
- Steel Service Centers & Processing (Slitting, Cut-to-Length, Blanking, Leveling) (IMAKABAL)
- akta.pro secondary industry
- Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)
Keywords
Where Metal Processing Corporation is headquartered
LocationHeadquarters
- HQ city
- Gary
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Metal Processing Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain
Revenue model
- Toll Processing Services: Metal processing fees charged for slitting and cut-to-length services. Customers provide material which MPC processes to specification. Pricing based on tonnage, coil dimensions, and processing complexity.
- Climate-Controlled Warehousing: Storage fees for 400,000 sq. ft. of temperature-controlled warehouse space. Charges based on tonnage stored and duration of storage.
- Logistics and Transportation: Trucking and transportation services using company fleet. Rail access services. Revenue from pickup and delivery of customer materials.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom quotation-based pricing tailored to specific processing requirements |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Metal Processing Corporation product offering
Product offeringCore offering
Metal Processing Corporation provides toll metal processing services for carbon steel, stainless steel, and aluminum coils, including high-volume slitting (four slitters ranging from 60H to 84 inches) and cut-to-length processing across multiple lines. These core processing services are bundled with 400,000 sq. ft. of climate-controlled warehousing, barcode-based inventory tracking, and integrated logistics via a private trucking fleet and direct rail access for industrial customers across North America.
Product overview
Metal Processing Corporation offers a unified toll processing service platform centered on slitting, cut-to-length, warehousing, and logistics. The company operates four slitter lines and three cut-to-length lines for processing carbon, stainless steel, and aluminum coils. These core processing services are integrated with 400,000 sq. ft. climate-controlled warehousing and a private fleet of trucks with rail access, providing customers with one-stop processing, storage, and transportation solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Slitting Services Toll slitting of carbon, stainless steel, and aluminum coils for service centers, mills, and OEMs across four slitter lines ranging from 60 to 84 inches, with a maximum coil weight of 100,000 lbs and thickness capacity up to 0.625 inches. Customers supply material and MPC returns slit coils to specification, with integrated spray oiling and inspection.
- Cut-to-Length Services Toll cut-to-length processing on three lines (CTL, blanking, and stretcher-line) accommodating widths from 15" to 75", lengths from 24" to 241", and gauges from .016" to .500", with exit lift weights up to 20,000 lbs. Designed for service centers, mills, and OEMs needing blanks or sheets slit to spec from carbon steel, stainless steel, and aluminum coils.
- Climate-Controlled Warehousing Climate-controlled warehouse storage of 400,000 sq. ft. with monitored heating and cooling, industrial air-circulation fans, barcode inventory tracking, and 11 cranes (20-50 tons), plus 13 shipping docks and 2 receiving lanes. Available to customers as a bundled storage service alongside toll processing.
- Logistics Services Trucking and rail logistics services for pickup and delivery of customer coils, leveraging MPC's private fleet of trucks and direct rail service on Norfolk Southern and Canadian National lines. Includes logistics coordination for material movement throughout North America from the Gary, Indiana facility.
- Additional Processing Services Supplemental processing offerings including on-site Rockwell hardness testing for material verification, rail and export shipment repackaging, product inspection, and short-term storage for coils and skids, available to toll processing customers as add-on capabilities.
Quantifiable outcome
- Managers average 20 years in the industry
- +3 more outcomes
Companies that use Metal Processing Corporation
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Metal Processing Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Metal Processing Corporation partnerships and signals
Strategic signalScale indicators6 records
Recent moves7 records
Expansion highlights4 records
Metal Processing Corporation competitors and assessment
Company assessmentDirect peers
- Mill Steel Company: Privately held flat-rolled steel service center providing slitting, cut-to-length, blanking, and warehousing across multiple US locations. Directly comparable service offering, including toll processing of carbon and stainless steel coils.
- Heidtman Steel Products: Privately held flat-rolled steel processor operating multiple Midwest facilities offering slitting, cut-to-length, and blanking. Closely comparable to MPC in service mix, geography, and target customer segments.
- Ryerson Inc. Publicly traded North American metals service center offering slitting, cut-to-length, blanking, and value-added processing of carbon, stainless, and aluminum. Strongly comparable to MPC in product mix and customer base, and a direct Midwest competitor (historically source of MPC's senior hires).
- Olympic Steel: Publicly traded flat-rolled steel service center with processing capabilities including slitting, cut-to-length, and warehousing. Operates multiple service centers across the US, directly comparable to MPC's service offering and customer verticals.
- National Material Company: Privately held steel processor and service center with slitting, cut-to-length, and stamping capabilities serving automotive, appliance, and industrial markets. Comparable in service mix and target customer verticals to MPC.
- EMJ Metals: Privately held metals service center distributing and processing carbon steel, stainless, and aluminum products including slitting and cut-to-length services. Comparable to MPC in service offering and customer base.
- Kloeckner Metals: Digital-first metals service center operating slitting, cut-to-length, and plate processing facilities across the US. Comparable to MPC in core processing services, with a more developed digital/e-commerce platform.
Broad incumbents
- Reliance Steel & Aluminum: Largest North American metals service center operator with a network of 300+ facilities, providing processing services including slitting, cut-to-length, and warehousing. Overlaps with MPC on toll processing but serves a far broader product and geographic footprint.
- Worthington Industries: Diversified steel processor with significant toll processing and flat-rolled service center operations. Broader product portfolio than MPC, but directly comparable in slitting, cut-to-length, and storage offerings to industrial customers.
Regional players
- Flat Rock Metal Processing: Regional flat-rolled steel service center offering slitting and cut-to-length processing in the US Midwest. Comparable in core service line to MPC but smaller scale and narrower geographic footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Metal Processing Corporation social profiles
Digital presenceMetal Processing Corporation compliance and trust
Trust signalCompliance2 records
Metal Processing Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Metal Processing Corporation leadership team
Management profileNumber of profiles
Profiles9 records
Metal Processing Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Metal Processing Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Metal Processing Corporation
What does Metal Processing Corporation do?
Metal Processing Corporation provides toll metal processing services for carbon steel, stainless steel, and aluminum coils, including high-volume slitting (four slitters ranging from 60H to 84 inches) and cut-to-length processing across multiple lines. These core processing services are bundled with 400,000 sq. ft. of climate-controlled warehousing, barcode-based inventory tracking, and integrated logistics via a private trucking fleet and direct rail access for industrial customers across North America.
Is Metal Processing Corporation a public or private company?
Metal Processing Corporation is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Metal Processing Corporation founded?
Metal Processing Corporation was founded in 1994. It employs 101 to 250 people.
Where is Metal Processing Corporation based?
Metal Processing Corporation is headquartered in Gary, United States, in the North America region.
How does Metal Processing Corporation make money?
Three revenue lines are on record. Toll Processing Services are the primary driver. The others are climate-Controlled Warehousing and logistics and Transportation.
Who are Metal Processing Corporation's main competitors?
Direct peers on record are Mill Steel Company, Heidtman Steel Products, Ryerson Inc., Olympic Steel, National Material Company, EMJ Metals and Kloeckner Metals. Broad incumbents are Reliance Steel & Aluminum and Worthington Industries. Flat Rock Metal Processing is listed as a regional player.
Does Metal Processing Corporation have an API?
No public API is recorded for Metal Processing Corporation.
What industry is Metal Processing Corporation in?
Metal Processing Corporation's product category is Metal Toll Processing Services. Its primary akta.pro industry code is IMAKABAL, Steel Service Centers & Processing (Slitting, Cut-to-Length, Blanking, Leveling), with a secondary code of IMAHADAC, Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping). Its SIC code is 3444.