Lico Steel Inc

What Lico Steel Inc does

Lico Steel, Inc. is a privately held Missouri corporation founded in 1987 and headquartered in Kansas City, Missouri, operating as a structural and miscellaneous steel fabricator and erctor serving the Missouri and Kansas markets. The company is a wholly owned subsidiary of Lico, Inc. and operates as a sister company to Automatic Systems, Inc. (ASI), a material handling equipment supplier in the automotive and bulk-handling industries. Lico Steel operates three core service lines: Industrial Steel Construction (power plants, manufacturing facilities, chemical plants, warehouses, distribution centers), Commercial Steel Construction (schools, churches, warehouses, office buildings, retail centers), and Municipal/Institutional/Government Construction (water and wastewater treatment plants, hospitals, military bases, and federal, state, and local government facilities). It also offers Design/Build Steel Turnkey Projects that bundle steel design, fabrication, and erection into a single contract.

The company is an AISC Certified Steel Erector and a union contractor with collective bargaining agreements covering Ironworkers, Operating Engineers, and Laborers Local Unions, which enables it to self-perform all steel erection work on projects requiring prevailing-wage or National Maintenance Agreement compliance. Revenue is generated on a project-by-project basis through competitive bid requests, with the firm working as either a prime contractor directly for project owners or as a subcontractor for general contractors. The customer base is heavily skewed toward enterprise and government end-markets, including Fortune 500 industrial and automotive corporates (Ford, General Motors, Bayer, Ball Corporation, Uni-Lever), major national general contractors (JE Dunn, Turner, Alberici, Weitz, Walbridge, McCown Gordon, Walton), and a concentrated list of municipal and institutional clients, notably the City of Kansas City (MO and KS), multiple Missouri and Kansas school districts, and Kansas City Power & Light. The go-to-market is enterprise field sales via direct bid-request engagement, with the company website functioning as a portfolio and credentials vehicle; no digital channels, marketing automation, or software products are evident.

Name

Lico Steel Inc

Legal name

Lico Steel, Inc.

Website

https://licosteel.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

Lico Steel, Inc. is a Kansas City, Missouri-based AISC-certified union steel fabricator and erector, founded in 1987, serving Fortune 500 industrial firms, general contractors, and municipal and institutional clients across Missouri and Kansas.

Ownership category

akta.pro rank

Headquarters

HQ city

Kansas City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Steel Fabrication and Erection Services: Lico Steel generates revenue through steel fabrication and erection services for commercial, industrial, and municipal construction projects. Work is performed on a project basis, either as a prime contractor for project owners or as a subcontractor for general contractors. Projects include structural steel work, miscellaneous steel fabrication, and equipment erection.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Lico Steel fabricates and erects structural and miscellaneous steel for commercial, industrial, and municipal construction projects across Missouri and Kansas. Services are delivered as a prime contractor for project owners or as a subcontractor for general contractors, with design/build turnkey capability covering steel design, fabrication, and erection. Work is performed by a union contractor workforce under AISC Certified Steel Erector standards.

Product overview

Lico Steel, Inc. is a steel fabrication and erection company offering three core service lines: Industrial Steel Construction Services (serving Power Plants, Manufacturing Facilities, Chemical Plants, Warehouses, and Distribution Centers), Commercial Steel Construction Services (for Schools, Churches, Warehouses, Office Buildings, and Retail Centers), and Municipal/Institutional/Government Construction Services (for Water Treatment Plants, Hospitals, Military Bases, and Government Facilities). The company also offers Design/Build Steel Turnkey Projects as an add-on module that combines steel design, fabrication, and erection under one offering. All services are delivered by a Union Contractor workforce with AISC Certified Steel Erector status.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Steel Construction Services Steel fabrication and erection services for industrial customers including power plants, manufacturing facilities, chemical plants, warehouses, and distribution centers. Delivered as both prime contractor and subcontractor for general contractors across Missouri and Kansas.
• Commercial Steel Construction Services Steel erection services for fabricators and general contractors on schools, churches, warehouses, office buildings, and retail centers in Missouri and Kansas.
• Municipal, Institutional and Government Construction Services Steel fabrication and erection for municipalities, institutions, and government agencies including water treatment plants, wastewater treatment plants, hospitals, military bases, and city, state, and federal government facilities.
• Design/Build Steel Turnkey Projects Full-service steel construction combining steel design, fabrication, and erection as a single turnkey solution for commercial construction projects.

Quantifiable outcome

• Quality Workmanship with On Time and Under Budget project delivery

Named customers22 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Automatic Systems, Inc.coreStrategic or Co-development PartnerAutomatic Systems, Inc. is a sister company of Lico Steel and a major supplier of material handling equipment for the automotive industry, bulk handling, airport baggage handling and unit handling. Lico Steel supports ASI by providing erection services for the automotive and bulk handling industry. Both companies are wholly owned subsidiaries of Lico, Inc.
• The Builders Association Serving Missouri & KansasminorOthersTrade association membership providing networking and industry resources for construction companies in the Missouri and Kansas region.
• American Institute of Steel Construction (AISC)coreOthersAISC is the institute that certifies Lico Steel as an AISC Certified Steel Erector. Membership and certification demonstrate compliance with industry standards.
• Ironworkers, Operating Engineers and Laborers Local UnionscoreOthersLico Steel is a union contractor with agreements with Ironworkers, Operating Engineers and Laborers Local Unions. This enables the company to meet prevailing wage requirements on projects requiring union labor.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Valmont Industries: Diversified manufacturer of engineered steel structures including utility poles, lighting, and infrastructure. Comparable in the steel structures domain but at vastly larger scale and broader portfolio than Lico's project-based erection focus.
• Nucor Corporation: Largest US steel producer with downstream joist, deck, and structural fabrication operations. Comparable only indirectly as an upstream supplier and competitor for fabricated structural steel into similar end markets.
• Schuff Steel (a Quanta Services company): National structural steel fabricator and erector owned by Quanta Services. Comparable in core service line but operates nationally with much larger capacity than regional players like Lico.

Direct peers

• Ben Hur Construction: Steel fabrication and erection contractor serving commercial and industrial construction. Directly comparable in service offering and customer base, operating at similar regional scale.
• LeJeune Steel Company: Structural steel fabricator and erector serving commercial, industrial, and institutional markets. Closely comparable to Lico in service mix, though operating at larger scale and broader geography.
• Hillsdale Fabricators: Structural and miscellaneous steel fabricator serving Midwest industrial and commercial customers. Comparable mid-sized regional peer with similar service mix.
• High Steel Structures: Large structural steel fabricator serving bridges, commercial, and industrial construction. Comparable to Lico in core fabrication/erection capability, operating at materially larger scale.

Regional players

• TrueNorth Steel: Upper-Midwest structural steel fabricator serving commercial and industrial construction. Comparable to Lico as a regional union/non-union steel erector serving similar end markets in an adjacent geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lico Steel Inc