LT Corporation continues to build on its legacy by acquiring like-minded companies that support our mission and goals.
MERGERS & AQUISITIONS
Growth through Investing
LT Corporation continues to grow by investing in its current businesses. We also recognize that long-term performance will be achieved by diversifying our offerings to serve additional customers and markets while staying true to our steel fabrication and propane industry roots. Our senior leadership team are constantly evaluating strategic acquisitions that show potential for aligning with our family of companies and meet specific investment guidelines:
Geography: North America
Investment Structure: A preference to secure 100 percent ownership; also amenable to partnerships with companies that share LT Corporation’s core values.
Company EBITDA: Ideally, well-performing companies with EBITDA of $2M to $10M. We are also open to other opportunities with an extremely strong strategic fit.
Industry Focus: Pressure Vessels, Storage and Process Tanks, Steel Fabrication as well as products and services complementary to LT Corporation’s existing Propane Solutions businesses.
Management Team: Continuity during and after post-closing integration with limited management transitions.
Culture: A demonstrated fit with LT Corporation’s values and family heritage.
our vision for our future...
Continue to Grow
Double our value by making smart investments with our financial and people resources.
Protect Our Culture
Lead with an unwavering dedication to preserving and protecting our culture.
And what we’ll focus on to achieve it…
Diversity Through Acquisition: Acquire complementary Tank and Pressure Vessel businesses to ensure diversity among our operating businesses.
Reinvest in the Core: Wisely reinvest in our existing businesses.
Develop Talent: Develop a talent pipeline to support growth.
Cultural Leadership: Uphold collective accountability for growing and sustaining our positive culture.
Welcoming Team: Welcome and engage with new employees, guiding them to appreciate our purpose, core beliefs and values.
Support Communities: Make a positive impact in the communities in which LT Corporation operates.
Effective immediately, Lynn Hardin, is promoted to President, Quality Steel. Lynn will also continue to manage the LP Gas Storage Solutions Business Unit going forward. We want to congratulate and thank Lynn for his dedication of 23 years of service to Quality Steel and the LT Family of Companies. In his new position, Lynn will continue […]
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 […]
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/