LMS Reinforcing Steel Group, a portfolio company of Canadian alternative equity firm Alaris Royalty Corp, has acquired Johasee Rebar Inc for an undisclosed sum. Based in Bakersfield, California, Johasee is a provider of rebar fabrication and installation for industrial, commercial and residential projects. Surrey, B.C.-based LMS, a concrete reinforcing steel (rebar) fabricator and installer focused on markets in Western Canada, said the deal extends its reach to customers located in southern California. Alaris has backed LMS since April 2007.
LMS Takes its Canada’s Best Managed Capabilities South of the Borber
March 16, 2016 – LMS Reinforcing Steel Group (LMS) has acquired Johasee Rebar (Johasee) of Bakersfield, California. Founded in 1979, Johasee has 37 years of experience with rebar fabrication and installation for industrial, commercial, and residential projects throughout California.
With the addition of another fabrication yard to our operations and local, experienced installation crew, LMS is positioned to service residential and commercial clients’ needs for rebar and post tensioning fabrication and placing needs for projects in southern California.
Johasee’s senior management has also joined the LMS team. We are confident that their continued leadership and marketplace knowledge in the US will be invaluable in LMS’ ability to meet our service commitment to our clients in all the markets we serve. All of our clients can continue to count on the service excellence LMS is known for:
Accurate estimating, detailing and fabrication
Sound manpower planning
Superior installation productivity
LMS has successfully become the rebar fabricator and installer of choice in all the markets we serve. We are committed to the consistent delivery of superior performance and customer service while earning the trust of our customers, suppliers and employees.
About LMS Reinforcing Steel Group
LMS Reinforcing Steel Group is the leading independent fabricator and installer of reinforcing steel and post-tensioning in Western Canada. LMS services the residential, commercial, civil, industrial, mining and hydro construction sectors in BC, Alberta, Saskatchewan and Manitoba. Our Logistics Divisions supports the timely and reliable delivery of our materials to our projects and our Post-Tensioning Cable division provides enhanced product offering to our clients. Since inception in 1998, LMS has set the industry standards for customer service and productivity on a jobsite. Our teams work hard to enhance teamwork and communication for the construction team.
Since 2011, LMS Reinforcing Steel Group has been named one of Canada’s Best Managed Companies. The Canada’s Best Managed Companies award is a hallmark of entrepreneurial excellence – the highest and most recognized honour available to Canadian businesses.
Photo courtesy of LMS Reinforcing Steel Group