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The Fabricator's 2023 FAB 40

The FAB 40 list is created with the help of those metal fabricators willing to share their revenue numbers and company information with The Fabricator and its readership.

The Fabricator takes the information and identifies the 40 most successful metal fabricating operations on the basis of 2022 reported revenue. (Because most, if not all, companies are privately held, independent verification of reported revenue is not possible.) More specifically, we look for information from companies that earn the majority of its revenue from contract and custom manufacturing involving sheet metal, plate fabrication, or tube fabrication. The results are published in our June edition.

Join the FAB 40

Is your company in the custom or contract metal fabrication business? Interested in being part of the 2024 FAB 40?

1 Mayville Engineering Company, Inc. (MEC)

2022 Revenue: $539.4 milllion

Projected 2023 Revenue: $540-580 million

Headquarters: Mayville, WI

Company Locations: 20

Employees: 2346

Services: Plate Fabrication, Sheet Metal Fabrication, Tube and Pipe Fabrication

Markets Served: Agriculture, Construction, Marine, Recreation (Rv's, ATV's, etc.), Transportation (rail, trucking, etc.)

2 Cadrex Manufacturing Solutions

2022 Revenue: $480 million

Projected 2023 Revenue: $500 million

Headquarters: Romeoville, IL

Company Locations: 21

Employees: 2000

Services: Sheet Metal Fabrication, Other, Metal Stamping, Precision Machining, Injection Molding, Mechanical Assembly, Integration & Testing

Markets Served: Energy/Power Generation, Medical/Pharmaceutical, Military/Defense, Telecommunications, Utilities / Infrastructure

false

3 BTD Manufacturing

2022 Revenue: $350 million

Projected 2023 Revenue: $365 million

Headquarters: Detroit Lakes, MN

Company Locations: 5

Employees: 1375

Services: Sheet Metal Fabrication, Tube and Pipe Fabrication

Markets Served: Agriculture, Automotive (cars, light trucks), Construction, Energy/Power Generation, Recreation (Rv's, ATV's, etc.)

4 O'Neal Manufacturing Services

2022 Revenue: $330 million

Projected 2023 Revenue: $360 million

Headquarters: Vestavia Hills, AL

Company Locations: 10

Employees: 1451

Services: Plate Fabrication, Sheet Metal Fabrication, Structural Steel Fabrication, Tube and Pipe Fabrication

Markets Served: Agriculture, Construction, Heavy Equipment, Transportation (rail, trucking, etc.), Utilities / Infrastructure

5 Ironform

2022 Revenue: $250 million

Projected 2023 Revenue: $300 million

Headquarters: Chicago, IL

Company Locations: 8

Employees: 1050

Services: Plate Fabrication, Sheet Metal Fabrication, Structural Steel Fabrication, Tube and Pipe Fabrication

Markets Served: Agriculture, Construction, Energy/Power Generation, Military/Defense, Transportation (rail, trucking, etc.)

false

6 Momentum Manufacturing Group

2022 Revenue: $245 million

Projected 2023 Revenue: $255 million

Headquarters: Georgetown, MA

Company Locations: 14

Employees: 810

Services: Sheet Metal Fabrication, Tube and Pipe Fabrication, Other, Lead Fabrication, Precision Machining, Surface Finishing, Custom Aluminum Extrusion, Assembly, Contract Manufacturing, and Custom Cable Assemblies.

Markets Served: Electronics/Precision Equipment, Fitness/Health, Food Processing and/or Food Service, Medical/Pharmaceutical, Military/Defense

false

7 IMS Companies, LLC.

2022 Revenue: $215 million

Projected 2023 Revenue: $236 million

Headquarters: Des Plaines, IL

Company Locations: 6

Employees: 1200

Services: Sheet Metal Fabrication

Markets Served: Automotive (cars, light trucks), Energy/Power Generation, Medical/Pharmaceutical, Military/Defense, Transportation (rail, trucking, etc.)

8 Anchor Fabrication

2022 Revenue: $210 million

Projected 2023 Revenue: $240 million

Headquarters: Fort Worth, TX

Company Locations: 4

Employees: 1000

Services: Plate Fabrication, Sheet Metal Fabrication, Structural Steel Fabrication, Tube and Pipe Fabrication

Markets Served: Construction, Heavy Equipment, Military/Defense, Rail And Locomotive, Transportation (rail, trucking, etc.)

false

9 Maysteel Industries, LLC

2022 Revenue: $177 million

Projected 2023 Revenue: $203 million

Headquarters: Allenton, WI

Company Locations: 6

Employees: 820

Services: Sheet Metal Fabrication

Markets Served: Energy/Power Generation, Telecommunications, Utilities / Infrastructure, Other, Data Center, Self-Service Retail

false

10 Robinson, Inc.

2022 Revenue: $175 million

Projected 2023 Revenue: $223 million

Headquarters: De Pere, WI

Company Locations: 4

Employees: 572

Services: Sheet Metal Fabrication, Structural Steel Fabrication, Tube and Pipe Fabrication

Markets Served: Energy/Power Generation, Food Processing and/or Food Service, Heavy Equipment, Pulp and Paper, Utilities / Infrastructure

11 Steel Craft Corporation of Hartford (SteelCraft)

2022 Revenue: $170 million

Projected 2023 Revenue: $214 million

Headquarters: Hartford, WI

Company Locations: 3

Employees: 550

Services: Sheet Metal Fabrication, Tube and Pipe Fabrication, Other, Stamping, Coatings, Complex Welded Assemblies

Markets Served: Agriculture, Construction, Energy/Power Generation, Heavy Equipment, Military/Defense

false

12 Major Tool & Machine, Inc.

2022 Revenue: $157 million

Projected 2023 Revenue: $180.3 million

Headquarters: Indianapolis, IN

Company Locations: 1

Employees: 425

Services: Plate Fabrication, Other, Fabricating, CNC Machining, Assembly, Engineering, Program Management

Markets Served: Aerospace, Energy/Power Generation, Military/Defense, Oil And Gas, Other, Semiconductor

false

13 Morton Industries, LLC

2022 Revenue: $125 million

Projected 2023 Revenue: $135 million

Headquarters: Morton, IL

Company Locations: 4

Employees: 750

Services: Sheet Metal Fabrication, Tube and Pipe Fabrication

Markets Served: Agriculture, Construction, Energy/Power Generation, Heavy Equipment, Transportation (rail, trucking, etc.)

false

14 Petersen Inc.

2022 Revenue: $123.1 million

Projected 2023 Revenue: $136 million

Headquarters: Ogden, UT

Company Locations: 2

Employees: 575

Services: Plate Fabrication, Structural Steel Fabrication, Tube and Pipe Fabrication, Other, Precision machining, Advanced Manufacturing, Field Services, Engineering, Warehousing

Markets Served: Aerospace, Energy/Power Generation, Military/Defense, Other, Industrial, Mining, Entertainment

15 MERRILL Technologies Group, Inc.

2022 Revenue: $120 million

Projected 2023 Revenue: $144 million

Headquarters: Saginaw, MI

Company Locations: 6

Employees: 402

Services: Plate Fabrication, Sheet Metal Fabrication, Structural Steel Fabrication, Tube and Pipe Fabrication

Markets Served: Aerospace, Heavy Equipment, Military/Defense, Other, Automation

16 AOC Metal Works

2022 Revenue: $112.7 million

Projected 2023 Revenue: $109 million

Headquarters: Chester, VA

Company Locations: 6

Employees: 416

Services: Sheet Metal Fabrication, Tube and Pipe Fabrication

Markets Served: Appliance, HVAC

17 Larsen Manufacturing LLC

2022 Revenue: $112 million

Projected 2023 Revenue: $115 million

Headquarters: Mundelein, IL

Company Locations: 3

Employees: 350

Services: Sheet Metal Fabrication

Markets Served: Appliance, Automotive (cars, light trucks), Energy/Power Generation, Medical/Pharmaceutical

18 Standard Iron & Wire Works, LLC.

2022 Revenue: $106 million

Projected 2023 Revenue: $120 million

Headquarters: MONTICELLO, MN

Company Locations: 7

Employees: 500

Services: Plate Fabrication, Sheet Metal Fabrication, Structural Steel Fabrication, Tube and Pipe Fabrication, Other

Markets Served: Agriculture, Construction, Energy/Power Generation, Heavy Equipment, Transportation (rail, trucking, etc.)

false

19 General Stamping & Metalworks, Inc.

2022 Revenue: $105.3 million

Projected 2023 Revenue: $111 million

Headquarters: South Bend, IN

Company Locations: 2

Employees: 330

Services: Plate Fabrication, Sheet Metal Fabrication, Tube and Pipe Fabrication, Other, Stamping, Machining, Assembly, Tool & Die

Markets Served: Agriculture, Automotive (cars, light trucks), Energy/Power Generation, Heavy Equipment, Recreation (Rv's, ATV's, etc.)

false

20 Warren Fabricating & Machining Corporation

2022 Revenue: $100 million

Projected 2023 Revenue: $100 million

Headquarters: Hubbard, OH

Company Locations: 2

Employees: 150

Services: Plate Fabrication, Structural Steel Fabrication, Other, Naval / Defense Work

Markets Served: Construction, Utilities / Infrastructure, Other, Structural & Defense Work!! Taking Industry by Storm!

21 Miller Fabrication Solutions

2022 Revenue: $94.8 million

Projected 2023 Revenue: $119.3 million

Headquarters: BROOKVILLE, PA

Company Locations: 3

Employees: 391

Services: Plate Fabrication, Structural Steel Fabrication

Markets Served: Agriculture, Construction, Heavy Equipment, Transportation (rail, trucking, etc.)

22 Cupples J&J Co. Inc.

2022 Revenue: $91.1 million

Projected 2023 Revenue: $95 million

Headquarters: Jackson, TN

Company Locations: 2

Employees: 365

Services: Plate Fabrication, Sheet Metal Fabrication

Markets Served: Agriculture, Energy/Power Generation, Food Processing and/or Food Service, Heavy Equipment, Utilities / Infrastructure

23 Lou-Rich, Inc

2022 Revenue: $81.4 million

Projected 2023 Revenue: $83.2 million

Headquarters: Albert Lea, MN

Company Locations: 3

Employees: 335

Services: Plate Fabrication, Sheet Metal Fabrication, Tube and Pipe Fabrication

Markets Served: Agriculture, Food Processing and/or Food Service, Heavy Equipment, Medical/Pharmaceutical

false

24 AT&F

2022 Revenue: $75 million

Projected 2023 Revenue: $85 million

Headquarters: Cleveland, OH

Company Locations: 4

Employees: 245

Services: Plate Fabrication, Sheet Metal Fabrication, Structural Steel Fabrication, Tube and Pipe Fabrication

Markets Served: Construction, Energy/Power Generation, Food Processing and/or Food Service, Heavy Equipment, Military/Defense

25 OEM Fabricators, Inc

2022 Revenue: $70.5 million

Projected 2023 Revenue: $77 million

Headquarters: Woodville, WI

Company Locations: 3

Employees: 270

Services: Plate Fabrication, Sheet Metal Fabrication

Markets Served: Construction, Energy/Power Generation, Heavy Equipment, Oil And Gas, Rail And Locomotive

false

26 Greiner Industries, Inc.

2022 Revenue: $70.1 million

Projected 2023 Revenue: $60 million

Headquarters: Mount Joy, PA

Company Locations: 1

Employees: 275

Services: Plate Fabrication, Sheet Metal Fabrication, Structural Steel Fabrication, Tube and Pipe Fabrication, Other, Machining; Rolling & Forming; Metalizing; Liquid Coatings; Industrial Manintenance & Installation; Industrial Electrical; Mobile Crane Service

Markets Served: Construction

27 Nu-Way Industries, Inc.

2022 Revenue: $65 million

Projected 2023 Revenue: $65 million

Headquarters: Des Plaines, IL

Company Locations: 1

Employees: 270

Services: Sheet Metal Fabrication

Markets Served: Energy/Power Generation, Food Processing and/or Food Service, Medical/Pharmaceutical, Telecommunications, Utilities / Infrastructure

false

28 R-V Industries, Inc.

2022 Revenue: $64 million

Projected 2023 Revenue: $72 million

Headquarters: Honey Brook, PA

Company Locations: 4

Employees: 272

Services: Plate Fabrication

Markets Served: Energy/Power Generation, Food Processing and/or Food Service, Medical/Pharmaceutical, Oil And Gas, Pulp and Paper

false

29 DeWys Metal Solutions

2022 Revenue: $58 million

Projected 2023 Revenue: $66.5 million

Headquarters: Marne, MI

Company Locations: 2

Employees: 300

Services: Sheet Metal Fabrication

Markets Served: Electronics/Precision Equipment, Energy/Power Generation, Furniture, Medical/Pharmaceutical, Other

30 Humanetics

2022 Revenue: $57.5 million

Projected 2023 Revenue: $74.7 million

Headquarters: Dallas, TX

Company Locations: 3

Employees: 377

Services: Sheet Metal Fabrication

Markets Served: Electronics/Precision Equipment, Medical/Pharmaceutical, Military/Defense, Oil And Gas, Rail And Locomotive

31 Allegiant Manufacturing

2022 Revenue: $56.85 million

Projected 2023 Revenue: $54.89 million

Headquarters: Gallatin, TN

Company Locations: 3

Employees: 189

Services: Sheet Metal Fabrication, Other, Assembly, Stamping, Powder Coat

Markets Served: Agriculture, Construction, Energy/Power Generation, HVAC, Recreation (Rv's, ATV's, etc.)

32 SMF Inc.

2022 Revenue: $56 million

Projected 2023 Revenue: $64 million

Headquarters: Minonk, IL

Company Locations: 2

Employees: 275

Services: Plate Fabrication, Sheet Metal Fabrication, Structural Steel Fabrication

Markets Served: Construction, Energy/Power Generation, Heavy Equipment, Oil And Gas, Rail And Locomotive

33 EVS Metal

2022 Revenue: $55.4 million

Projected 2023 Revenue: $61 million

Headquarters: Riverdale, NJ

Company Locations: 4

Employees: 275

Services: Sheet Metal Fabrication, Other, Design, Machining, assembly and integration services

Markets Served: Electronics/Precision Equipment, Energy/Power Generation, Medical/Pharmaceutical, Telecommunications, Other, Interactive Kiosks

34 TMCO

2022 Revenue: $55.3 million

Projected 2023 Revenue: $55 million

Headquarters: Lincoln, NE

Company Locations: 1

Employees: 230

Services: Plate Fabrication, Sheet Metal Fabrication, Tube and Pipe Fabrication

Markets Served: Agriculture, Construction, Electronics/Precision Equipment, Oil And Gas

35 Dane Manufacturing

2022 Revenue: $52 million

Projected 2023 Revenue: $65 million

Headquarters: Waunakee, WI

Company Locations: 2

Employees: 190

Services: Sheet Metal Fabrication, Tube and Pipe Fabrication, Other, Data Center Products

Markets Served: Appliance, HVAC, Other, Data Center Products

36 Metalworks Inc.

2022 Revenue: $48.5 million

Projected 2023 Revenue: $45 million

Headquarters: Lincoln, NE

Company Locations: 4

Employees: 203

Services: Plate Fabrication, Sheet Metal Fabrication, Structural Steel Fabrication

Markets Served: Agriculture, Construction, Transportation (rail, trucking, etc.), Other, Lawncare

37 Precision Cut Industries

2022 Revenue: $48 million

Projected 2023 Revenue: $53 million

Headquarters: Hanover, PA

Company Locations: 4

Employees: 175

Services: Sheet Metal Fabrication

Markets Served: Agriculture, Construction, Food Processing and/or Food Service, HVAC, Telecommunications

false

38 Special Products & Mfg. (SPM), Inc.

2022 Revenue: $47.5 million

Projected 2023 Revenue: $54.5 million

Headquarters: Rockwall, TX

Company Locations: 3

Employees: 185

Services: Sheet Metal Fabrication

Markets Served: Construction, Energy/Power Generation, Medical/Pharmaceutical, Telecommunications, Transportation (rail, trucking, etc.)

39 Alacriant Inc.

2022 Revenue: $46.58 million

Projected 2023 Revenue: $50 million

Headquarters: Streetsboro, OH

Company Locations: 3

Employees: 150

Services: Plate Fabrication, Sheet Metal Fabrication

Markets Served: Agriculture, Construction, Heavy Equipment, Military/Defense, Other, Material Handling

40 Dalsin Industries, Inc.

2022 Revenue: $46.31 million

Projected 2023 Revenue: $52 million

Headquarters: Bloomington, MN

Company Locations: 2

Employees: 150

Services: Sheet Metal Fabrication

Markets Served: Energy/Power Generation, Recreation (Rv's, ATV's, etc.), Telecommunications, Transportation (rail, trucking, etc.)