Banker Steel is a fabricator of structural steel components used in commercial and infrastructure projects. Founded in 1997 by Don and Carol Banker, the company provides value-added services throughout the construction process, beginning with design assistance and extending through Banker Steel’s strong network of sub-contractors and erectors used to assemble projects on site. The company operates from two fabrication facilities in Lynchburg, Virginia and one in Orlando, Florida, which aggregate a total of 340,000ft2 with a capacity of 600,000 man-hours, or production of up to 50,000 tons of steel fabrications per annum. The company has been the fabricator of choice on a number of marquee projects, including Barclays Center in Brooklyn, NY, the award-winning Washington Nationals Park in Washington, D.C., and the Hudson Yards, the largest mixed-use development in New York City since Rockefeller Center.
Atlas Holdings, through its operating company, Bridge Fabrication Holdings, together with Turnspire Capital Partners partnered with Don Banker to acquire Banker Steel Co., a structural steel fabrication business based in Lynchburg, Virginia. Don Banker will continue as the company’s CEO and will retain a significant ownership interest. Further terms of the transaction were not disclosed.