Company Overview
Miscellaneous Steel Specialties, LLC is a steel fabrication company headquartered in Walker, Louisiana. Founded in 2010, the company specializes in providing high-quality, custom-fabricated steel products tailored to meet client specifications. Operating from a spacious facility that includes a 10,750 square foot fabrication bay on a 3-acre site, the company's focus is on fabricated structural metal products. The company maintains a commitment to quality and client satisfaction, reinforced by its certification in AWS D1.1 welding standards.
Leadership
The leadership team at Miscellaneous Steel Specialties, LLC is composed of seasoned professionals with extensive industry experience:
- Mitch Badeaux, President and CEO, has over 30 years in the industry with expertise in roles ranging from General Manager to Project Manager. Badeaux holds a Bachelor of Science in Industrial Engineering and an MBA.
- Pat Soniat, Vice President, oversees Sales and Estimating. Also possessing over 30 years of experience, Soniat’s background is in General Management and Project Management, complemented by similar educational qualifications to Mitch Badeaux.
- Scott Westmoreland, Chief Foreman, is responsible for managing shop operations and quality control, effectively overseeing a workforce that has included up to 100 personnel.
Operations and Capabilities
Miscellaneous Steel Specialties leverages advanced systems like the DMS Production Tracking System to enhance production management. Their production capacity includes the manufacture of up to 2,000 linear feet of handrail and 20,000 pounds of circular platforms weekly, showcasing their ability to manage substantial production volumes. Strategically located near major galvanizing facilities, the company can efficiently handle logistics and enhance job-specific galvanizing capabilities, optimizing production timelines for clients.
Key Clients
The company boasts an impressive roster of clients across different industries, including leading corporations such as BASF, Exxon Mobil, Chevron, Dow Chemical, Shell, and Turner Industries. These partnerships highlight the company's capability to meet stringent standards across various sectors.
Financial Insights
Financially, Miscellaneous Steel Specialties secured a federal SBA PPP loan of $223,425, facilitating the retention of 23 jobs, reflecting its significance as a local employer. The estimated annual revenue of the company stands at approximately $333,147, signifying its critical role as a specialized player in the steel fabrication industry.
Competitive Landscape
Overview and Location
Operating within the fabricated structural metal business, Miscellaneous Steel Specialties is positioned in the broader steel industry and wholesale trade - durable goods sector.
Core Business
The company's core operations include the fabrication of structural steel components and other durable steel goods, crucial to sectors requiring robust steel products.
Competitors
Significant competitors include:
- Affton Fabricating & Welding Co., Inc. - Located in Sauget, Illinois, this competitor has a notable presence since 1956 and is recognized as a leading structural steel fabricator in the Midwest.
- McKinney Steel & Sales, Inc. - This company, operating in construction and industrial machinery sectors, is based in Zion, Illinois.
Industry Insights
Within the U.S. steel fabrication industry, dominant players like Mayville Engineering Company, Inc. highlight the competitive scale, with revenues exceeding $480 million.
Market Positioning
Miscellaneous Steel Specialties, LLC competes in a niche focusing on customized structural steel fabrication amidst a competitive market of diverse services including pipe and sheet metal fabrication.
Strategic Implications
In strategizing sales and potential client engagements, acknowledging the competitive environment is crucial. Highlighting specialized capabilities and leveraging regional advantages could serve as key differentiators for Miscellaneous Steel Specialties.
