Sheet/Plate/Structural Steel

Sheet/Plate/Structural Steel

Structural Steel Fabrication

Structural INEFFICIENCIES

Lead Times

&Delivery Date?

BIM Modeling(Building Information Modeling)

BIM Modeling(Building Information Modeling)

CNC Plasma Cutting

Steel Casting

Steel Casting

Survey Process

3 Months

40 Companies

75% Response Rate!

Survey Demographics…

75% MN ~ 25% WI 52% Manufac./Fabricators19% Construction/Gen. Contractors13% Foundries10% Machinists6% Other

Survey Demographics…

>1,600 FTEs = 75FTEs Avg.

>80%40% expanding by 2017

Steady or GrowingBuy LocalSatisfy ClientsInvest in Capital

Brass Tacks: Steel Sourcing(Conservative Sheet & Struct. #’s)

~17,000st/yr ~500mi21Days Lead_______________=$32,500,000/yr

Initial Conclusion

Steel Supply:

STOP!&

Look both ways…

Brass Tacks: Structural Fab.(Conservative #’s)

~17,000st/yr ~600mi_______________=$13,000,000/yr

Initial Conclusion

Structural Fab:

RUN!

…don’t walk

CNC Structural Fabrication

Brass Tacks: Steel Casting

Low Response Rate…

…Too low

Initial Conclusion

Steel Casting:

Keep Digging.

Moving Forward