Steel producer says acquisition will broaden its push into the aerospace industry.
Profits surge 28% to $13.8 million on record sales as a result of growing demand for bridge and building construction in 2014.
North America’s largest fabricator of steel construction products sees net income surge 45%.
$4.5M project will expand fabrication shop and to purchase automated equipment to increase production capacity.
Strutural steel maker expects to produce more than 25,000 tons a year when facility opens in late 2013.
Empire Industries Ltd. has sold its KWH Constructors and Somerset Engineering businesses for $1.4 million.