01
Apr
18:47
US structural steel erector Banker Steel acquires NYCC
Lynchburg, Virginia, structural steel fabrication and erection company Banker Steel has acquired NYCC, a competing firm with branches in New York and New Jersey.
Banker did not disclose financial terms of the transaction.
NYCC entered chapter 11 bankruptcy protection in January 2016, and Banker served as the stalking-horse bidder.
“Despite its recent financial difficulties, NYCC is recognised for its operational and technical expertise, which will be…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous