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Sheffield’s Sukup Manufacturing acquiring assets of its competitor, Global Fabrication

This news story was published on April 23, 2021.
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SHEFFIELD – Sukup Manufacturing Co. announced this week the company is acquiring certain assets of Global Fabrication, Inc., a full service fabrication facility located in Hampton, Iowa. This expansion will allow Sukup to double its manufacturing capacity for cat walks, towers, and other structural products while maintaining a commitment to employment in North Central Iowa.

The existing facility is approximately 70,000-square feet. Sukup is currently accepting applications for immediate hires at this location, and plans to have the facility fully operational by April 2021.

Steve Sukup, president and CEO of Sukup Manufacturing, said, “This is the second facility expansion Sukup has announced in 2021, and we believe this investment in our manufacturing facilities is a positive sign of continued growth as a company. Ultimately, our goal is to create products that help farmers feed and fuel the world, and this additional space and personnel is necessary to meet demand. One of our top priorities in this acquisition is to retain many of Global Fab’s current employees. We look forward to a smooth transition, and adding manufacturing capacity for our material handling products.”

“Sukup is a trusted employer in North Central Iowa,” said Todd Hall of Global Fabrication. “We appreciate Steve Sukup’s leadership through this process, and are confident the employee transition will go smoothly. It’s great to know that Global Fab will be part of Sukup’s positive impact on the agriculture industry moving forward.”

NCP, Inc., acting as exclusive financial advisor, and BrownWinick, acting as legal counsel, advised Sukup on the transaction.

Sukup Manufacturing Co. is the world’s largest family-owned and operated manufacturer of grain storage, grain drying and handling equipment, and steel buildings. The company is headquartered in America’s heartland – Sheffield, Iowa – and covers one million square feet of office, manufacturing and warehouse space. The company employs more than 600 people, making it one of the largest employers in North Central Iowa. Three generations of the family are active in the business.

Sukup’s product line includes on-farm and commercial grain bins; portable, mixed-flow and tower dryers; centrifugal and axial fans and heaters; stirring machines; bin unloading equipment and bin floors and supports. Sukup also manufactures material handling equipment including bucket elevators, conveyors and support structures; and steel buildings. Sukup has six distribution centers in the Midwest. Sukup products are sold throughout the U.S. and Canada, and in more than 80 other countries.

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8 Responses to Sheffield’s Sukup Manufacturing acquiring assets of its competitor, Global Fabrication

  1. Anonymous Reply Report comment

    April 25, 2021 at 2:18 pm

    With farmers getting interest free loans to build grain bins, I would think business is booming at Sukup.

    • Anonymous Reply Report comment

      April 25, 2021 at 5:46 pm

      Yup…almost as good as wind mills

      • Anonymous Reply Report comment

        April 26, 2021 at 10:00 am

        Turbines, unfortunately they dont actually mill anything. They just fvck up the skyline and kill birds while sending power elsewhere, must be going elsewhere or alliant couldn’t charge so much every month. Either they are worthless or alliant is worthless. Either way…. they are wind turbine’s not wind mills.

  2. Anonymous Reply Report comment

    April 24, 2021 at 12:02 pm

    Maybe sukuo should worry about girong locals before chicago or detroit trash, maybe sukuo should focus on hiring locals before immigrants, maybe sukuo shouldn’t paying better, we know they can afford it. Stop working for them for less than they can afford to pay you. They are a bunch of self absorbed jackass assholes.

    • Anonymous Reply Report comment

      April 24, 2021 at 6:04 pm

      Got fired eh?

      • Anonymous Reply Report comment

        April 26, 2021 at 9:58 am

        Would never apply. Heard the stories of mexican shitting in the garbage cans instead of the toilets, heard the stories of the nigs that work there, have met members of the sukup family and they are your stereotypical pretentious yuppy scum. I wouldnt work there no less given them the opportunity to fire me. It’s a shitty company that could afford to pay its employees more and that’s the bottom line. That family is creepy and full of themselves. That statue out front of the plant is pretty telling from a psychological standpoint. I’d never work for people with those types of complexes.

  3. Roddy Irons Reply Report comment

    April 23, 2021 at 8:45 pm

    The capital gains tax rate needs to be set at 47.9%. Any lower is like taking one step forward, two steps back…again. Like the Carnival-Norwegian cruise ship combo that is toast. These hives of destruction will spread the sickness like none other. And the Government knows this. Go bigger old Joe. You got this.

    • Anonymous Reply Report comment

      April 24, 2021 at 8:38 am

      can tell you have no vested interest in this huh?