Schuff Steel made its initial public offering to be publicly traded and was listed on the AMEX exchange. The proceeds were used to target acquisitions in Florida, Georgia, Texas and California. The strategy was to diversify geographically to weather swings in local economies while servicing the lower half of the Continental US. An area that was projected to experience continued growth. Acquired companies included Addison Steel, Quincy, Six Industries/Aitken and Bannister Steel.