Southwest Steel Fabrication, the longest-operating steel fabricator in the Kansas City region, has a new owner: A local private equity firm, Four Pillars Investors, announced Friday morning that it had acquired the Bonner Springs company.
In a news release announcing the deal, Four Pillars Investors said the purchase provided it with the right platform company to meet a key strategic goal: acquiring and expanding manufacturing firms. “Southwest Steel Fabrication embodies the spirit of American manufacturing,” said Nick McLean, co-Founder of Four Pillars. “We feel very fortunate to have the opportunity to help this long-time family-owned business enter a new period of growth.”
Among the projects that Southwest has been involved with are the Gateway Arch in St. Louis and fencing around the White House, plus work on bridges, and dams nationwide. Given the amount of infrastructure work that will be required in the coming years, said Thomas Sanford of Four Pillars, the acquistion will keep this region in the hunt for that kind of work. “We want Kansas City to have a meaningful impact on rebuilding these crucial pieces of our nation, and we are confident that Southwest Steel Fabrication is primed to do that,” he said.