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7 Hidden Cost Drivers

7 Hidden Cost Drivers


Banker Steel Continues Expansion with Acquisition of NYCC

              For Immediate Release March 31, 2016   For Information Contact: Dan Stone, dans@stoltzgroup.com 208-388-0766   Lynchburg, VA — Banker Steel announced today that it has acquired New York City-based NYC Constructors, LLC and New Jersey-based MRP, LLC, together referred to as NYCC.  The transaction will expand Banker’s capabilities in the growing New York City commercial construction market, providing its customers, many of whom are also served today by NYCC, with a vertically-integrated suite of erection and fabrication services.   Terms of the transaction were not disclosed.  With over 300 employees in New York and New Jersey, NYCC fabricates and erects structural steel for commercial, industrial and government end-markets.   The company is one of only a handful of large erectors with a proven capability of erecting complex jobs in New York City.  Its fabrication facility in South Plainfield, New Jersey, to be known as Banker … Read More


New Contract Award Announced: B2 Towers in Brooklyn, NY.

Banker Steel has been awarded the contract to fabricate steel framed modules for the B2 Towers in Brooklyn, NY – the world’s largest modular building.  We are also pleased to announce that we are adding 50 new jobs at our Lynchburg, VA facility as a result.  For more details download and read our press release by clicking below. B2 Press Release Download  


Banker Steel Expands Into The Southeast Market With The Acquisition of Foote Steel

Banker Steel is pleased to announce the acquisition of Foote Steel Company based in Orlando, FL. Following the successful award of several high profile projects in Florida and Georgia, this acquisition represents a strategic decision to further expand and develop market presence throughout the south east. Don Banker, CEO of Banker Steel said: ‘Having reviewed numerous options in four other States, we wanted to be in Orlando and Foote Steel exemplified the best fit in terms of additional capacity and expertise. We are very excited to bring Foote Steel within the Banker Steel family, as we seek to grow our business and look to create new employment opportunities’. Rob Glass, Vice President of Industrial Sales for Banker Steel, will be coordinating the integration and management of Foote Steel. Banker Steel is an award winning, AISC-certified steel fabricator headquartered in Lynchburg, Virginia. Banker Steel specializes in large, highly complex architectural projects, … Read More


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