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SUKUP TO PURCHASE ASSETS FROM SBC BUILDING SYSTEMS
Apr. 6, 2017
Source: Sukup news release
Sukup Manufacturing Co. has signed an agreement to acquire the assets of SBC Building Systems, located in Ambridge, Pennsylvania.
Since its inception in 2011, Sukup's steel building product line has sold more than 350 buildings. The number sold per year has grown steadily, including a 50 percent increase from 2015 to 2016. This venture will allow Sukup Steel Structures (a wholly owned subsidiary of Sukup Manufacturing Co.) to expand their presence on the east coast. Currently, Sukup has a satellite office for their steel buildings department in Coraopolis, Pennsylvania.
SBC's facility has the capacity to fabricate and ship up to 600 tons per week of complete building systems. Their frame manufacturing process makes use of three full-feature plasma cutting machines with CNC controlled pull-thru welder, plate fabricator, and flange lines; enabling them to put out 240 tons of steel frame per week.
"We were very impressed with SBC's operations and manufacturing capabilities," said Steve Sukup, Vice President and CFO of Sukup Manufacturing Co. "Their philosophy of using great people and the most advanced manufacturing equipment to produce the highest quality product aligns perfectly with ours. This, along with their commitment to great customer service, is what made it clear that they would be a good fit for us."
Along with their great manufacturing capabilities, SBC has international sales experience, including a presence in Mexico and Canada. They also have accreditations from IAS AC-472, Canadian A-660, AWS, CWS, MBMA, and international code compliance in multiple countries.
"It's very exciting to be able to increase the capacity of our steel buildings line with SBC's manufacturing facility," said Sukup's President, Charles Sukup. "It's the logical next step to continue the growth of Sukup Steel Buildings, particularly in the East Coast."
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