Eagle Steel Products and its assets have been acquired by Kestrel Co. Inc. for an undisclosed amount.

Kestrel Co. is a Louisville-based investment company founded by Shelby Ray, daughter of longtime Louisville steel executive Stuart Ray. Eagle Steel Products previously was owned by Shirley Ohta. With this transaction, the company’s name will be changed slightly, to Eagle Steel & Metal Products. It will continue to offer warehousing, distribution and metals processing.

Ohta founded Eagle Steel Products in 1982 and is retiring. With Shelby Ray as president and CEO, the company expects to retain its status as a certified women- and minority-owned business enterprise, according to a news release.

Eagle Steel Products operates on Collins Lane, near the Kentucky Truck Plant. It used to have an affiliate in Jeffersonville, but that part of the business was sold to Fort Lauderdale, Fla.-based Metals USA in 2010. That plant now operates under the name Ohio River Metal Services.

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