Curated News
By: NewsRamp Editorial Staff
July 10, 2024
Benchmark International Facilitates Transaction Between Viking Steel Fabricators and Chesapeake Bay Steel
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- Viking Steel Fabricators has successfully facilitated a transaction with SRF, LLC, broadening their service offerings.
- Viking Steel specializes in steel fabrication, installation, and historic preservation, enhancing both modern and historical steel projects.
- This transaction enhances both companies' strategic growth plans and strengthens customer relationships, contributing to the local and regional economy.
- Viking Steel Fabricators and Chesapeake Bay Steel, Inc. have a combined experience of over 130 years in the steel industry.
Impact - Why it Matters
This news matters as it highlights the successful transaction between two reputable steel fabrication companies, which is expected to enhance their strategic growth plans and service offerings. It also demonstrates Benchmark International's expertise in facilitating such transactions and the continued growth of the steel industry.
Summary
Benchmark International has successfully facilitated the transaction between Fredericksburg, VA-based Fredericksburg Machine & Steel, LLC dba Viking Steel Fabricators and Norfolk, VA-based SRF, LLC dba Chesapeake Bay Steel, Inc. Viking Steel Fabricators, founded in 1950, is known for its expertise in steel fabrication and installation, as well as historical preservation services. Chesapeake Bay Steel, on the other hand, specializes in steel fabrication and erection, with a focus on framing, decking, stairs, and metal fabrication projects. The addition of Viking Steel Fabricators to their portfolio enhances their strategic growth plans by broadening their service offerings. Both companies are expected to benefit from this successful transaction.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Benchmark International Facilitates Transaction Between Viking Steel Fabricators and Chesapeake Bay Steel
