Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Southeastern Metal Products Llc history
Southeastern Metal Products Llc company history timeline
One such venture was the Gibraltar Steel Corporation, a marginally profitable, single facility, specialty steel processing company. Its modern history began in 1972 when Doctor Ken Lipke and two partners purchased the company for $1 million.
Although Doctor Lipke did not realize his ambitious sales goal for Gibraltar Steel, the company did reach the $100 million mark in 1984, in 12 years rather than ten.
By 1987 he turned his attention to other interests, and sold the majority of the business to his four children.
Gibraltar Steel goes Public in 1993
Whereas the company had increased sales since going public in 1993 by an average rate of 27 percent per year, and had increased profits by 22% per year, the value of its stock grew at an annual rate of only 15 percent.
Sales in 1994 surpassed the $200 million mark.
In June 1996 Gibraltar Steel made a secondary public offering of two million shares of stock, raising an additional $34 million.
Gibraltar Steel increased its share of the heat treating business in 1997 with the purchase of an Athens, Alabama, facility from Specialty Heat Treating Inc.
Gibraltar continued to acquire new companies at a steady pace in 1999.
In addition to Brian Lipke as president, Neil Lipke was in charge of marketing; Walter Erasmus, finance; Joseph Rosenecker, commercial; and Carl Spezio, manufacturing. (In 2000 the team remained intact, providing stability during a period of exceptional growth for the company.)
Annual sales were also significantly ahead of the pace necessary to reach the $1 billion goal by 2003.
Rate how well Southeastern Metal Products Llc lives up to its initial vision.
Southeastern Metal Products Llc jobs
Do you work at Southeastern Metal Products Llc?
Does Southeastern Metal Products Llc communicate its history to new hires?
Southeastern Metal Products Llc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Walker Mowers | 1980 | $38.0M | 350 | - |
| Metal Culverts | 1958 | $33.8M | 100 | 2 |
| Northern Metal Products | 1959 | $11.0M | 50 | - |
| Fabricators Supply Co | - | $330,000 | 2 | - |
| United Steel Products | - | $3.8M | 16 | - |
| Clark Metal Products | 1954 | $33.4M | 100 | - |
| Valmont Industries | 1946 | $4.1B | 9,800 | 389 |
| AL-KO Axis, Inc. | 1983 | $1.0M | 10 | - |
| Tampa Bay Steel Corp. | 1980 | $65.0M | 100 | 4 |
| Universal Steel America | 2001 | $29.0M | 175 | - |
Zippia gives an in-depth look into the details of Southeastern Metal Products Llc, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Southeastern Metal Products Llc. The employee data is based on information from people who have self-reported their past or current employments at Southeastern Metal Products Llc. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Southeastern Metal Products Llc. The data presented on this page does not represent the view of Southeastern Metal Products Llc and its employees or that of Zippia.
Southeastern Metal Products Llc may also be known as or be related to SOUTHEASTERN METAL PRODUCTS and Southeastern Metal Products Llc.