May 5, 2023
For Immediate Release
Contact: Dean Francis
Vice President, Strategy & Corporate Development
LT Corporation
800-345-2495
Cleveland, MS – LT Corporation (LT Corp.) of Cleveland, Mississippi, the parent company of Quality Steel Corporation, LP Cylinder Service, Inc., Buckeye Manufacturing Company, and Kryton Engineered Metals, Inc. – all industry-leading manufacturers or providers of value-added services to their customers - announced the acquisition of substantially all of the assets of Tate Metalworks, Inc. (Tate).
Tate, founded in 1972 and operating with its manufacturing facility in Spartanburg, South Carolina, is an industry-leading specialty shop fabricator and field erector of welded steel storage tanks and pressure vessels serving a host of heavy industrial clients. Tate has decades of experience with a wide array of construction materials used in the fabrication and assembly of storage tanks, pressure vessels and other industrial structures, and serves a primary footprint in the Southeastern United States with a reach across the U.S.
Sean Wessel, President of LT Corp. stated, “We’re extremely excited to welcome Tate and all its associates to our family of companies and look forward to working with the team there to expand upon the previous success of Tate’s industrial business. Adding Tate to the LT Corp. family helps us to further our overall corporate objectives for growth and diversification. We are especially happy that Brian Tate has agreed to stay on as company President.”
Brian Tate, second-generation owner of Tate, commented, “I am excited for Tate Metalworks Inc. to be joining the LT Corporate family due to the strong cultural fit between the organizations and our similar growth and market-driven goals in our own respective sectors of the metal fabrication industries we each serve. As importantly, the combined core competencies and resources of the LT companies will bring strength and depth to the organizations under the LT Corporate umbrella. And finally, with LT Corporation being an ESOP company, it brings me great satisfaction knowing the men and women who have contributed to Tate Metalworks history and success will now become shareholders into the future.”
About the Companies:
LT Corporation was established in 1982 and is the parent company of operating companies recognized as leaders in high quality manufacturing or service providers in the propane solutions industry, pressure and storage vessel industry, steel fabrication and metal spinning industries. LT Corp.’s portfolio of operating companies includes Quality Steel Corporation (with three manufacturing facilities in Mississippi, Ohio, and Utah), LP Cylinder Service, Inc. (with two service facilities in Pennsylvania), Buckeye Fabricating Company (with one manufacturing facility in Ohio), and Kryton Engineered Metals, Inc. (with one manufacturing facility in Cedar Falls, Iowa). More information about LT Corp.’s subsidiaries can be found at www.ltcorp-inc.com (information on each company separately can be found at www.propanetank.com, www.lpcylinder.com, www.buckeyefabricating.com, or www.krytonmetals.com).
Tate Metalworks, Inc. was founded in 1972 and operates from a manufacturing facility in Spartanburg, South Carolina. Tate is an industry-leading specialty shop fabricator and field erector of welded steel storage tanks and pressure vessels serving a host of heavy industrial clients. More information on Tate can be found at www.tatemetalworks.com.
January 3, 2023 For Immediate Release
Contact: Dean Francis
Vice President, Strategy & Corporate Development
LT Corporation
800-345-2495
Cleveland, MS – LT Corporation (LT Corp.) of Cleveland, Mississippi, the parent company of Quality Steel Corporation, LP Cylinder Service, Inc., and Buckeye Manufacturing Company – all industry leading manufacturers or providers of value-added services to their customers - announced the stock acquisition of Kryton Engineered Metals, Inc. (Kryton).
Kryton, founded in 1981 (originally founded as Iowa Metal Spinners and changed to Kryton in 2011) and operating with its manufacturing facility in Cedar Falls, Iowa, is an industry leader in the areas of engineered metal services and is focused on Cut it, Form it, and Fab it operations. Kryton serves a variety of end users in multiple industries and has established itself as one of America’s most prominent producers of metal spinning products and providers of fabrication solutions.
Sean Wessel, President of LT Corp. stated, “We’re very excited to welcome Kryton and all its associates to our family of companies and look forward to working with the team there to build upon the previous success of Kryton’s engineered metal services business. The addition of Kryton helps us to further our overall corporate objectives for growth and diversification.”
Kevin Harberts, owner of Kryton for 42 years, commented, “After evaluating multiple potential buyers, I chose LT Corp. primarily because of a good cultural fit, but also because of the possibilities for continued growth for Kryton by adding together each organization’s expertise and core competencies. These combined resources will make for a stronger business with the depth and capacity to be an undisputed leader in the engineered metal services segment. Since LT Corp. is an ESOP company, I am proud that the legacy of Kryton will include our team being able to participate in this growth as shareholders in the future.”
Wessel added, “Effective today we are announcing the promotion of Jason Mathern from Executive Vice President to President of Kryton. We are pleased that Jason and the rest of the management team will continue to lead Kryton with the same core values and customer focus that Kevin instilled over his decades of ownership.”
About the Companies:
LT Corporation was established in 1982 and is the parent company of operating companies recognized as leaders in high quality manufacturing or service providers in the propane solutions industry, pressure and storage vessel industry and steel fabrication. LT Corp.’s portfolio of operating companies includes Quality Steel Corporation (with three manufacturing facilities in Mississippi, Ohio, and Utah), LP Cylinder Service, Inc. (with two service facilities in Pennsylvania), and Buckeye Fabricating Company (with one manufacturing facility in Ohio). More information about LT Corp.’s subsidiaries can be found at www.ltcorp-inc.com (each company separately can be found at www.propanetank.com, www.lpcylinder.com , or www.buckeyefabricating.com ).
Kryton Engineered Metals, Inc. was founded in 1981 and operates from a manufacturing facility in Cedar Falls, Iowa. Kryton is an industry leader in the fabrication of spun metal products and engineered metal working services. More information on Kryton can be found at www.krytonmetals.com .
Propane is a safe, affordable, reliable fuel that provides energy for homes, businesses, agriculture and many other applications all over the world.
For almost 60 years, Quality Steel has manufactured ASME tanks that have helped dealers all over North America deliver propane and keep North America running!
To learn more about PROPANE, please visit https://propane.com/about-propane/
Wednesday, November 18, 2020
CLEVELAND, Miss. – LT Corp, the parent company of Quality Steel Corporation (Quality Steel or QSC) and LP Cylinder Service, Inc (LPC), announced Oct. 28 the acquisition of substantially all of the assets of Buckeye Fabricating Company (Buckeye Fabricating).
Buckeye Fabricating, founded in 1963 and operating with its manufacturing facility in Springboro, Ohio is an industry leader in the fabrication of custom-designed welded steel ASME pressure vessels and non-code tanks. Buckeye Fabricating serves a variety of end users in multiple industries and has established itself as one of America’s more prominent producers of custom fabricated pressure vessels and process tanks.
Jim Tims, chairman of the board of LT Corp., adds: “We are so delighted to welcome the newest member to the LT Corp. family of businesses, Buckeye Fabricating Co. The prospect of developing this new familial relationship and adding to the product diversity of our companies has us very excited. We look forward to developing long-standing relations with the customer base and associates of Buckeye Fabricating.”
Sean Wessel, President & CEO of Quality Steel stated, “The addition of Buckeye to LT Corp’s family of companies helps us to further our corporate objectives for growth and diversification. We’re very excited to welcome Buckeye associates and look forward to working with them to build upon the previous success of Buckeye’s custom vessel business.”
LT Corp’s Vice President of Strategy & Corporate Development, Dean Francis added, “Buckeye’s focus on providing an excellent customer experience and its dedication to exceeding customer’s expectations align perfectly with the core values of LT Corp and its affiliates.”
Richard Macaulay, Owner & CEO of Buckeye Fabricating, concluded, “It’s exciting to see the possibilities of growth with the synergies of adding together each organization’s expertise and core competencies. These combined resources will make a strong business corporation with depth and capacity to be a preeminent leader in the pressure vessels industry. I am proud that the legacy of Buckeye Fabricating will continue to move forward with significance and longevity.”
About the Companies:
LT Corporation was established in 1982 and is a recognized leader in high quality, diversified manufacturing. LT Corp. held operating companies include Quality Steel Corporation (three manufacturing facilities in Mississippi, Ohio and Utah) and LP Cylinder Service, Inc. (two service facilities in Pennsylvania). More information about LT Corp’s subsidiaries can be found at www.propanetank.com and www.lpcylinder.com.
Buckeye Fabricating company was founded in 1963 and operates from a manufacturing facility in Springboro, Ohio. Buckeye Fabricating is an industry leader in the fabrication of custom ASME and non-ASME tanks. More information on Buckeye Fabricating can be found at www.buckeyefabricating.com.
February 4, 2022
Quality Steel Recently Partners with Mississippi's Community Action Program
Quality Steel recently partnered with Mississippi's Community Action program “Rapid Rehousing for the Homeless" to collect items such as coats, blankets and other essential items which will be distributed to our homeless and families in need. Outstanding job coordinating this worthy endeavor by our local HR team (Shaquita Brown - HR Manager | Sharon Grose -Talent Specialist | Payton Tindall - Plant Manager ) and a big THANK YOU to all of the QSC employees that donated!
January 28, 2022
Putting Out-of-Date DOT Cylinders back to work puts money back in your bottom Line!
We use only industry leading hydrostatic testing equipment in addition to our proprietary, automated painting system. This ensures a high quality, lasting finish. Your worn-out DOT and ASME cylinders can be profitable assets once again.
Our lead times are the best in the industry with unmatched quality!
Friday, January 21, 2021
Please join us in congratulating the following Quality Steel employees on their recent retirement.
Each of them has been instrumental in the success and growth of our company for over 20 years and we wish them a HAPPY RETIREMENT!
We’re always looking for great talent to welcome to our family. Check out the following link for current, open positions: https://www.qualitysteelcorporation.com/contact-us/careers/.
