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Albert Goodman was a metallurgist for Ford Motor Company during World War II. When the war ended, he started buying and selling steel products. He and his brother, Ozzie founded Eaton Steel in 1953. Working on overturned crates in a rented warehouse, the brothers grew the business as brokers.  Later, cold drawn processing equipment was acquired to add cold drawn steel bars to the Eaton product family.

Currently, Eaton Steel Bar Company operates as an integrated supplier of special bar quality steel –offering more than 500 hot-rolled and cold-drawn grades of product. Eaton Steel Bar Company and its affiliates have four primary facilities in southeast Michigan and depots in several other states. It also operates a family of companies with related services – Titan Metallurgy, Hercules Drawn Steel, Apollo Heat Treat, ADICA Trucking, and ADICA Logistics.