Aldora Aluminum merges with Coastal Glass Distributors
The merging companies are all part of a three-piece transaction put together by Aldora’s CEO Leon Silverstein. Aldora and Coastal will operate independently while sharing common ownership. Current senior management of both companies will continue in their current roles as well as participating as owners.
“This transaction will combine the products and services of two...glass and aluminum distribution locations on the East Coast," said Silverstein, in the release. "The resulting organization will provide a complete glass and aluminum product line to customers from South Florida to Tennessee. We look forward to the synergies and growth that these two companies can generate.”
Coastal’s facility will be providing Aldora’s aluminum storefront and doors while Aldora can begin to offer Coastal’s glass line. The current Miramar location of Aldora will serve as the company’s headquarters. Rick Silverstein will supervise the Aldora operations while Trent Hartley, Joel Fletcher and Jim Green will continue to manage Coastal Glass, according to the release. The two locations will be working closely to integrate products and distribution to the expanded geography.
China eliminates 260,000 tons laggard capacity of electrolytic aluminum
Next articleKaiser Aluminum price objective raised to $80.00
Grow with
AL Circle




























