A Legacy of Integrity and Credibility
In September 1996, a small group of entrepreneurial-minded steel service center owners from the United States and Canada met to form what quickly became one of the largest steel and metal-buying groups in the country. The co-op’s founding group took a “leap of faith” by forming the cooperative.
Within a few months, more than 30 companies—representing over $1 billion in revenues—officially incorporated the North American Steel Alliance in November 1996. The following year, North American Steel Alliance employed its first President & CEO, Lonnie Terry and Vice President, Miles Donovan. These two visionaries led the co-op through its first 20 years. Despite consolidation in the industry, under their leadership the co-op became one of the largest cooperatives in the U.S. and Canada. It is the only successful North American cooperative venture in the steel industry.
Today, under the leadership of President, Mike Wagner, NASA serves a community of 122 member/owners and suppliers from our office in Des Plaines, IL. Our steel service center member/owners represent approximately $9 billion in combined annual revenues.