LMS Reinforcing Steel Group

Company Summary

LMS is Western Canada’s leading concrete reinforcing steel (rebar) fabricator and installer also providing post tensioning, trucking and crane services. As an installer and supplier, LMS has the advantage of having low fixed costs and fixed assets, which allows the company to be profitable during various negative economic scenarios, as it can adjust its labour force to match the activity level.  LMS fabricates and installs concrete reinforcing rebar and post tensioning services for construction projects primarily in British Columbia, Alberta, Saskatchewan, and Manitoba. Project types include; (i) Infrastructure Projects - light rail transit, water treatment plants, tunnels, hydro facilities and bridge decks; (ii) Commercial projects - high rise office space, aquatic centers or airport terminals; (iii) Residential - high rise developments; and (Iv) Institutional – university residences, hospitals and community centers. LMS has up to 600 employees during peak season. LMS’ customers are typically general contractors and/or developers.

Industry: Industrials and Materials:  Rebar Fabrication and Installation
Capital Invested: $54.00 million (3 tranches)
Annualized Distribution to Alaris: $4.17 million
Website: www.lmsgroup.ca
Partner Since: April 2007