Global Stainless Supply was launched in Houston, TX in mid-2002 through the combination of the financial muscle of one of the largest global trading companies and the entrepreneurial talents of a veteran of the PVF distribution industry.
Sumitomo Corporation of America (SCOA) funded the creation of GSS as a subsidiary and positioned it as a Master Distributor of stainless steel pipe, flanges and fittings. The combination allowed SCOA to broaden its traditional role as the trading representative for Sumitomo Metals’ pipe products. SCOA also saw that it could leverage an extensive network of global sourcing while providing a long-term, stable financial base. GSS relies upon long term strategic partnerships. At the heart of the partnerships are long-term volume commitments to manufacturers with agreed-upon pricing mechanisms.
And then in September, 2006, only four years after its beginning, GSS relied upon SCOA resources to acquire the assets of Forgings, Flanges, and Fittings Inc. PVF master distributor had traditionally been segregated between carbon steel and stainless steel. GSS considered the potential of a true “one stop shop” as a significant step forward in adding value to the supply chain.