Keystone Consolidated Industries amends loan, increasing size to $100 million

By Sara Rosenberg

New York, March 26 - Keystone Consolidated Industries Inc. amended its credit facility, increasing the size to $100 million from $80 million, according to a company news release.

Proceeds from the upsizing were used in part to help fund the acquisition of Chicago Heights, Ill.-based CaluMetals, a manufacturer of merchant and special bar quality products and special sections in carbon and alloy steel grades.

Keystone is a Dallas-based manufacturer and distributor of fabricated wire products, welded wire reinforcement, industrial wire, coiled rebar and wire rod for the agricultural, industrial, construction, original equipment manufacturer and retail consumer markets.

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