The midstate’s largest general contractor by revenue said this week that it has purchased a 200,000-square-foot plant in Richmond, Virginia, to bolster its steel fabrication and erection services and better support a growing workload.
Located along Interstate 95, the new facility will provide raw and fabricated steel materials for construction projects, Kinsley said. The company’s annual steel production — which is currently done in three plants across Central Pennsylvania — will expand from 40,000 tons to 60,000 tons with the new facility. The steel is used in building projects across a wide range of markets, from office buildings to event centers.
A Kinsley spokesperson wrote in an email that the company is investing about $12.5 million in the new steel plant. The company expects to hire about 70 people in Virginia, including machine operators, fitters, welders, painters, CDL truck drivers and project managers, according to a company news release.
Kinsley is currently renovating the building, which it acquired from Williams Bridge Co. The renovation work, expected to wrap up by early 2019, includes installing a new beam line and fabrication equipment as well as work station setup.
The York County company’s steel facilities serve clients in Maryland, New York, Delaware, Washington, D.C., West Virginia, Virginia and Pennsylvania. With the addition of the fourth plant, Kinsley expects to increase service in Virginia and expand into the Carolinas.
“We’re excited about the opportunity to help grow these communities with new construction projects and a local workforce,” President and CEO Jon Kinsley said in a statement. “This space will also allow us to build partnerships with new clients while strengthening our relationships with current ones.”
Kinsley finished 2017 with $576.4 million in revenue, down from $590.7 million in 2016, according to Business Journal records.
Editor’s note: This story has been updated to include information about Kinsley’s investment in the new plant.