Contractors Steel

Livonia, United States Founded: 1960 • Age: 66 yrs Acquired By UPG
Steel products are manufactured under contract for industrial clients.
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About Contractors Steel

Contractors Steel is a company based in Livonia (United States) founded in 1960 by Don Simon was acquired by UPG in May 2018.. The company has 246 employees as of December 31, 2022. Contractors Steel has completed 1 acquisition, including Borrmann Metals.

  • Headquarter Livonia, United States
  • Employees 246 as on 31 Dec, 2022
  • Founders Don Simon
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    246

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    UPG

    (May 17, 2018)

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Funding Insights of Contractors Steel

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Contractors Steel

Contractors Steel has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include UPG Enterprises. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Limited information is provided about UPG Enterprises LLC.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Contractors Steel

Contractors Steel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Borrmann Metals. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Metal service center
1946
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Contractors Steel

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Contractors Steel Comparisons

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Competitors of Contractors Steel

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Contractors Steel

Frequently Asked Questions about Contractors Steel

When was Contractors Steel founded?

Contractors Steel was founded in 1960.

Where is Contractors Steel located?

Contractors Steel is headquartered in Livonia, United States. It is registered at Livonia, Michigan, United States.

Who is the current CEO of Contractors Steel?

Don Simon is the current CEO of Contractors Steel. They have also founded this company.

How many employees does Contractors Steel have?

As of Dec 31, 2022, the latest employee count at Contractors Steel is 246.

What does Contractors Steel do?

Contractors Steel was established in 1960 and is based in Livonia, United States. Contract manufacturing of steel components is handled for sectors including construction and automotive. Operations encompass fabrication, cutting, and assembly processes tailored to client requirements. Services extend to material sourcing and delivery logistics within the North American market. Oversight is maintained by Don Simon as founder and CEO, alongside Marc Bokas as CEO.

How many acquisitions has Contractors Steel made?

Contractors Steel has made 1 acquisition, including Borrmann Metals.

Who are Contractors Steel's investors?

Contractors Steel has 1 investor. Key investors include UPG Enterprises.

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