Chicago Metallic Corporation announced that Precoat Metals, a division of Sequa Corporation has purchased the assets of Chicago Finished Metals, located in Bridgeview, IL.

"The sale of our metal coating businesses will enable Chicago Metallic to focus more resources on our core commercial ceilings business," said Sandra Wilson, president and CEO of Chicago Metallic. "We also believe this sale is in the best interest of our employees and our customers, as it merges our metal coatings business with one of the premier companies in the industry, Precoat Metals."