April 2023 – Greenhouse Gas Emissions Study
Taylor Steel is pleased to announce that our company is undertaking a comprehensive greenhouse gas emissions study, covering both Scope 1 and Scope 2 emissions.
Scope 1 emissions refer to the direct greenhouse gas (GHG) emissions from sources that are owned or controlled by our company, such as fuel combustion in our vehicles and equipment. Scope 2 emissions, on the other hand, refer to indirect emissions from the generation of purchased electricity consumed by our company.
We will be working with industry experts to conduct the study and ensure that our findings are accurate and reliable. We are anticipating completion of the study in Q2 2023.
This study will allow us to identify the sources of our emissions, measure our impact on the environment, and develop strategies to reduce our GHG emissions. We believe that our efforts to reduce emissions will not only benefit the environment but also improve our overall sustainability and enhance the strong relationships we have with our stakeholders.
For service centres — companies like us, who buy, sell, and process but do not produce steel, the single largest impact on greenhouse gas emissions is what are classified as Scope 3 emissions. These include steel making emissions and emissions produced when transporting steel from producing mill to the service centre. Steel produced overseas (often with little or no environmental oversight) has to be shipped a long distance and therefore has a much larger GHG footprint than steel produced within close proximity to the service centre. In fact, an imported coil from overseas can have up to 10X the greenhouse gas emissions as a coil produced locally.
We are proud of our dedication to our local steel producing partners which minimizes our impact on the environment compared to those in our industry who choose to import steel from steel mills located overseas.
We encourage our customers and suppliers to join us in our commitment to reducing greenhouse gas emissions. Together, we can make a positive impact on the environment and create a more sustainable future for generations to come.
March 2023 – Acquisition of Coilpac 2010 Inc.
We are pleased to announce the acquisition of Coilpac, a well-established company servicing the steel industry from their location in Hamilton, Ontario.
We believe that Coilpac's expertise, experience, and facilities complement our existing suite of services. Coilpac will continue to operate independently as a subsidiary of Taylor Steel, and we look forward to collaborating with them to enhance our offerings to our customers.
At Taylor Steel, we are committed to processing and delivering the best quality flat rolled steel products to our customers, on time and at a fair price, and this acquisition supports that goal. We are proud to invest in our community and look forward to collaborating with other local businesses to drive economic growth and job creation.
March 2020 - Special Announcement - Coronavirus COViD-19
At Taylor Steel Inc, the health and safety of our employees and the service to our customers are always top priorities. With the coronavirus COViD-19 quickly spreading to multiple countries around the globe, we want to assure our employees, suppliers and customers that we are actively monitoring the situation and have developed an action plan to support and maintain our business activity with minimal disruption. We are closely monitoring information from Public Health officials, various Government and World Health networks.
For our employees, we have contracted the services of a registered nurse to support their health and wellbeing. The nurse is reinforcing proper hygiene techniques and assisting our employees with answers and concerns regarding COViD-19. We have implemented plans to limit non-essential business travel. Additionally, we are restricting vendors and visitors to our operations as well as employing social distancing measures for personnel at Taylor Steel. Ultimately, we will closely follow the guidance and directives of the various public health agencies.
For our customers, Taylor Steel Inc. is an “Essential Workplace and/or Business” as per the current exceptions list(s) issued by the Ontario and Ohio governments. As a critical supplier to our mill and manufacturing customers, Taylor Steel has developed contingency plans to ensure we can support and service their needs with minimal disruption. Fortunately, we have several operating plants that are geographically separated including one in Lordstown, Ohio. Additionally, we have a wide breadth of processing capability with overlap and planned redundancy in various processing facilities. Furthermore, many of our processing plants operate 7 days a week and 24 hours per day with four separate crews. We have the flexibility to shift our operating personnel to accommodate process demands in the event of employee absences.
With respect to our steel supply, we are confident in our strong relationships with domestic suppliers that will ensure a consistent supply chain, however, we understand that supply could change at any point in time with short notice. We have inventory on hand in various buildings with a full range of products. We have consciously relied on domestic supply and will continue to work closely with our long-term supply chain partners to ensure minimal inventory disruptions.
The impact of the COViD-19 pandemic will change rapidly over the foreseeable future. We strongly believe in the commitment and dedication of our valued employees to work together to ensure our company remains robust and viable through these difficult and unpredictable times.
We thank all our employees, customers and suppliers for the valued relationships and partnerships and assure you that we will do our very best to achieve long-term success. We will provide updates to you during this challenging situation. Your patience and understanding during these unprecedented times are greatly appreciated.
Please do not hesitate to contact us directly to further discuss our plans or to communicate pertinent information and facts.
Sincerely,
Taylor Steel Inc.
Randy Smith
President and CEO
November 2019 - Appointment of Michael T. Taylor
I am pleased and honoured to announce the appointment of my grandson, Michael T. Taylor, as the new Chairman of the Board at Taylor Steel Inc. Michael will assume this role effective immediately. I will remain on the Board as a Director to support Michael and the executive team to ensure a smooth transition.
I am confident in Michael's ability to continue to deliver value to our customers, stakeholders, and cherished employees. During this time of transformation in our industry, Michael, with his Master's degree in Mechanical Engineering and work experience at Taylor Steel, is uniquely positioned to oversee our continued success and growth strategy while also remaining true to our core values of the past 52 years. His passion for people and vision for how technology can be deployed are exactly what our company needs as we embrace the opportunities and face the challenges of tomorrow.
Please join me in wishing Michael much success in his new role.
Sincerely,
Michael W. Taylor
Chairman Emeritus
June 2018 - Appointment of Randy Smith
Effective June 1, 2018, we are pleased to announce the appointment of Randy Smith to the position of President & C.E.O.
Randy will be responsible for overseeing and directing the development and implementation of policy, objectives, and strategic plans of Taylor Steel Inc. in both Canada and the U.S. in a manner that meets stakeholder requirements and ensures the opportunity for continued growth and profitability. Randy will report directly to the Chair.
Michael W. Taylor
Chairman
May 2018 - Retirement of John MacDonald
On May 15, 2018, John MacDonald retired as President and CEO of Taylor Steel.
John was an integral part of Taylor Steel’s success and growth for the past 31+ years. He progressed through many key positions in the company, and did so with a commitment to excellence and dedication to success not only for the benefit of our company, but also our employees, suppliers, and customers. John’s extensive knowledge and passion for the steel industry has been a driving force behind Taylor Steel’s reputation in the steel service centre sector. The company truly appreciates his resilient leadership, devotion, and discipline during his successful career with our company.
We congratulate and wish all the very best to John in his retirement. While we are saddened to see him go, we are also extremely happy to see him start a new path in life with his family and friends. We wish him many years of health and happiness!
Michael W. Taylor
Chairman
September 2013 - AHSS Open House
On September 18th we hosted an Open House in Stoney Creek showcasing our new Advanced High Strength Steels (AHSS) slitting line. This new line is capable of processing any and all of the most advanced high strength steels made today. The weather cooperated and a perfect fall afternoon allowed us to welcome almost 500 suppliers and customers throughout the day. We are very appreciative of both the interest shown in our equipment and facilities and the praise we received regarding the professionalism and knowledge of our employees. Our commitment to leading edge technology and strong employee leadership and participation are two things in which we take great pride.
For those of you who came, we thank you very much for your continued interest in our company.
For those of you who couldn't make it, we'd still love to show you around. Give us a call and we'll organize a tour for you.
John MacDonald
President & C.E.O.
July 2011 - Advanced High Strength Slitting Line
Taylor Steel Inc. is pleased to announce the purchase of an Advanced High Strength Steel Slitter from Herr-Voss Stamco Inc. To be commissioned in the fall of 2012, the AHSS Slitter will be capable of processing 1,750 mpa (250,000 psi) material made for the highest strength end uses in the automotive, appliance, and construction flat carbon steel markets.
Our 17th processing line will be located in Stoney Creek, Ontario and will feature :
- A 50' Looping Pit
- Entry level flattener
- 12" Arbors
- Strand Extensioning
- Gauge: .024min to .187max
Together, with solid support from our customer base, supplier network, loyal employees and strong ownership, Taylor Steel will continue to provide the steel buying community with the highest quality standards demanded by the consumers of our products.
John MacDonald
President & C.E.O.