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Steel Warehouse overview

Industry
Holding Companies
Revenue
Headquarters
Employees
1,700
Founded in
Website
Organization type
Private
Steel Warehouse Company, LLC processes production-ready steel to metal stampers, fabricators, and manufacturers. The company offers master coils, including hot rolled bands and sheets, high strength low alloys, and cold rolled sheets; laser quality steel; panel flat sheets; floor plates; cold rolled strips; and discrete plates. The company s services include leveling, slitting, temper/cut to length, blanking/shearing, pickling, and cold reducing. Steel Warehouse Company, LLC was founded in 1947 and is headquartered in South Bend, Indiana. The company has branch facilities in South Bend and Portage, Indiana; Oak Creek, Wisconsin; Chattanooga and Memphis, Tennessee; Monterrey, Mexico; East Chicago, Indiana; Rock Island, Illinois; Cleveland, Ohio; Calvert, Alabama; and Houston, Texas.
The staff at Steel Warehouse come from unusually diverse demographic backgrounds. The company is 23.8% female and 30.6% ethnic minorities. Despite its diversity in other areas, Steel Warehouse employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 83.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Steel Warehouse has great employee retention with staff members usually staying with the company for 4.7 years.The average employee at Steel Warehouse makes $47,376 per year. Pay at Steel Warehouse is significantly lower than some of its highest paying competitors, like Equity Group Investments, Florys, and Crouse-Hinds Company, which pay $68,693, $64,258, and $63,832, respectively.
A large finance company with 1,700 employees and an annual revenue of $450.0M, Steel Warehouse is headquartered in Indiana.

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3.5/5

Steel Warehouse employee reviews

Based on 4 ratings

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Steel Warehouse employee reviews

Steel Warehouse employee reviews
3.5/5

Based on 4 ratings

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Employee reviews
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5.0
A zippia user wrote a review on Apr 2024
Pros of working at Steel Warehouse

Steady employment with a culture of inclusion. Hourly employees are treated without respect, management is fair company provides an honest wage for an honest day’s work.

Cons of working at Steel Warehouse

Environment can be challenging due to type of work performed.

Steel Warehouse benefits

I worked there 1988-1992. There was a small loan, interest free, program for emergencies. After working for three major employers(Fortune 500) post Steel Warehouse and being responsible for 22,000+ employees, I never encountered a similar program.

What do you like best about Steel Warehouse's CEO and the leadership team?

Dave Lerman was fair but firm and 100% honest. I was the, “Chief Steward” during my final 2 years and dealt with Gerald Lerman at the final stage of the grievance procedure. He was also a fair, but tough, minded individual.

How would you improve Steel Warehouse's culture?

I have been gone too long to have any current insights for improvement.

How did you prepare for the Steel Warehouse interview?

Being open and honest. I had 10 years of previous manufacturing experience and stressed how I could provide assistance if given an opportunity.

How does your compensation at Steel Warehouse compare to the industry average?

At the time it was competitive.

What's the diversity at Steel Warehouse like?

I believed each group was properly represented by percentage.

What brings you the most joy at Steel Warehouse?

I enjoyed my time there. I worked on a project to improve efficiency of the wood shop/skid production. Before my departure in 1992 to attend law school I was offered a chance to work there again. It meant a lot to me.

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5.0
A zippia user wrote a review on Oct 2023
Pros of working at Steel Warehouse

Co-workers were good people and I enjoyed their friendship.

Steel Warehouse benefits

Health Insurance was excellent

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3.0
A zippia user wrote a review on Jul 2023
Pros of working at Steel Warehouse

It’s close to home

Cons of working at Steel Warehouse

I work 2nd shift and nothing else is ever available

Steel Warehouse benefits

Being able to get to work in 5 minutes

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1.0
A zippia user wrote a review on Mar 2023
Pros of working at Steel Warehouse

None unless you are black

Cons of working at Steel Warehouse

Excessive work and danger and smoking dust and none of that pay for not enough pay making you double work and you have to be black and you have to be black

Steel Warehouse benefits

Bonuses

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The team at Steel Warehouse

  • The key people at Steel Warehouse is Dave Lerman.
Key people
Dave Lerman
The inside scoop
Headquartered in South Bend, Indiana, Steel Warehouse Company, LLC processes production-ready steel to metal stampers, fabricators, and manufacturers. This innovative company offers master coils as well as hot rolled bands and sheets, high-strength low alloys, and cold rolled sheets; laser quality steel; panel flat sheets; floor plates; cold rolled strips; and discrete plates. Steel Warehouse's services include leveling, slitting, temper/cut to length, blanking/shearing, pickling, and cold reducing.

Steel Warehouse rankings

Steel Warehouse is ranked #3 on the Best Finance companies to work for in Indiana list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Steel Warehouse salaries

Average Steel Warehouse salary
$47,376
yearly
$22.78 hourly
Updated March 14, 2024

Evaluate Steel Warehouse's commitment to diversity and inclusion.

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Steel Warehouse diversity

9.4
Diversity score
We calculated Steel Warehouse’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Steel Warehouse’s workforce.
Steel Warehouse diversity summary. Zippia estimates Steel Warehouse's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Steel Warehouse's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Steel Warehouse's workforce.
  • Steel Warehouse has 1,700 employees.
  • 24% of Steel Warehouse employees are women, while 76% are men.
  • The most common ethnicity at Steel Warehouse is White (69%).
  • 12% of Steel Warehouse employees are Hispanic or Latino.
  • 9% of Steel Warehouse employees are Black or African American.
  • The average employee at Steel Warehouse makes $47,376 per year.
  • Steel Warehouse employees are most likely to be members of the republican party.
  • Employees at Steel Warehouse stay with the company for 4.7 years on average.

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Steel Warehouse office locations

Steel Warehouse is headquartered in South Bend, IN

Steel Warehouse financial performance

9.8
Performance score

Highest paying Steel Warehouse competitors

Compare Steel Warehouse salaries to competitors, including Equity Group Investments, Florys, and Crouse-Hinds Company. Employees at Equity Group Investments earn the highest average yearly salary of $68,693. The salaries at Florys average $64,258 per year, and the salaries at Crouse-Hinds Company come in at $63,832 per year.
RankCompanyAverage salaryJobs
1$68,6930
2$64,2580
3$63,8320
4$63,8000
5$63,1020
6$62,3920
7$61,8860
8$59,0740
9$50,8470
10$47,2310

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Steel Warehouse FAQs

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Zippia gives an in-depth look into the details of Steel Warehouse, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Steel Warehouse. The employee data is based on information from people who have self-reported their past or current employments at Steel Warehouse. 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 Steel Warehouse. The data presented on this page does not represent the view of Steel Warehouse and its employees or that of Zippia.

Steel Warehouse may also be known as or be related to Lerman Holding Co. Inc., Steel Warehouse, Steel Warehouse Co. LLC and Steel Warehouse Company LLC.