Shannon Steel

What Shannon Steel does

Shannon Steel Inc. is a family-owned structural steel fabrication and erection company headquartered at 4 Robb Blvd., Orangeville, Ontario, Canada. Founded in October 1964 by Nicolaas H. Schaafsma and incorporated in 1968, the firm has been under second-generation ownership since 2004, when Mark Schaafsma assumed the presidency. The company fabricates and erects Hollow Structural Steel (HSS) sections and open web steel joists for commercial, industrial, automotive, religious, hospitality, and institutional construction projects across Ontario, with publicly documented project sizes ranging from 2.7 tons (Three Sheets Brewing) to 1,390 tons (Chapman's Ice Cream production facility).

The company's technical footprint is centered on a single integrated Orangeville facility comprising a 45'x240' fabrication shop, a 45'x80' paint shop, and a material receiving and storage area serviced by double-girder cranes. Production capabilities include a beam line with 20"x36" cutting capacity, a 100-ton hydraulic ironworker for angle, flat bar, plate, and bar stock processing, and approximately 20 welding machines operated exclusively by Canadian Welding Bureau (CWB)-certified personnel. In-house drafting and detailing services span the full project lifecycle from initial design through construction documentation, enabling single-source project delivery.

Shannon Steel operates a project-based revenue model with no publicly disclosed pricing, bidding each engagement individually through general, open, invited, or design-build tenders. Sales are handled by project managers responding to direct inquiries from general contractors, property developers, and end clients across Ontario. The company is privately held with no external institutional investment, no parent company, no subsidiaries, and no public listing, distributing only through direct project engagement in a single Canadian province. Customer mix spans SMB, mid-market, and enterprise tiers across at least six industry verticals, with relationship-driven, reputation-led sales rather than any digital or self-serve go-to-market motion.

Name

Shannon Steel

Legal name

Shannon Steel Inc.

Website

https://shannonsteel.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

1–10 employees

Short description

Shannon Steel is a family-owned structural steel fabricator and erector in Orangeville, Ontario, serving commercial, industrial, automotive, religious, and institutional construction clients across the province since 1964 through CWB-certified welding and integrated in-house fabrication, erection, and drafting services.

Ownership category

akta.pro rank

Product category

Structural Steel Fabrication & Erection

NAICS

Steel Product Manufacturing from Purchased Steel (3312)

SIC

Fabricated Structural Metal Products (3440), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Structural Steel Fabrication (IMADACAA)

akta.pro secondary industries

Steel Plate, Sections & Welded Assemblies (IMADACAD), Bridge & Infrastructure Steel Components (IMADACAL)

Keywords

• Structural steel fabrication
• Steel erection services
• Open web steel joists
• Commercial steel construction
• Industrial structural steel

Headquarters

HQ city

Orangeville

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Structural Steel Fabrication and Erection: One-time project-based revenue from fabrication, detailing, and erection of structural steel and open web steel joists for construction projects. Projects range from small (2.7 tons) to large industrial facilities (1,390 tons). Pricing is quote-based, reflecting project complexity, tonnage, and specifications.
2. Drafting and Engineering Services: In-house drafting and detailing services provided as part of the fabrication and erection contract, from initial drafting stage through project completion.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Shannon Steel is a custom fabricator and erector of structural steel and open web steel joists for commercial, industrial, retail, institutional, and residential building projects. The company delivers in-house capabilities spanning drafting and detailing, beam line cutting, hydraulic ironworker processing, CWB-certified welding, paint shop finishing, and on-site erection, handling projects ranging from 2.7 tons to 1,390 tons primarily across Ontario, Canada.

Product overview

Shannon Steel is a structural steel fabrication and erection company operating since 1964. The company offers a unified service portfolio centered on two core offerings: structural steel fabrication (including HSS sections and open web steel joists) and field erection services. The company operates a 45' x 240' main fabrication shop plus a 45' x 80' paint shop, with in-house welding, drafting, and detailing capabilities. All welding is CWB-certified, and the company manages projects from initial drafting through steel supply and erection completion.

Differentiator

Problem solved

Functional benefit

Products and services

• Structural Steel Fabrication Custom fabrication of structural steel components including Hollow Structural Steel (HSS) sections, with beam and tubular section processing up to 20" wide x 36" deep and angle iron, flat bar, plate, and bar stock processing via a 100-ton hydraulic Ironworker; offered to general contractors, developers, and enterprise end-clients in commercial, industrial, retail, institutional, and residential construction.

Named customers20 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• Canadian Welding Bureau (CWB)coreOthersShannon Steel is fully accredited by the Canadian Welding Bureau (CWB), a national organization that promotes welding safety and quality in Canada. CWB certifies companies and personnel, provides training, develops industry standards, advocates for the welding community, and conducts research to support innovation in welding technologies.
• Ontario Structural Steel Fabricators Association (OSSFA)coreOthersShannon Steel is a proud member of the Ontario Structural Steel Fabricators Association (OSSFA), which advocates for structural steel fabricators in Ontario, addressing industry regulations and standards. OSSFA provides networking opportunities, training resources, and promotes the benefits of using structural steel in construction.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Steelway Building Systems: Southern Ontario structural steel and metal building systems fabricator/erector serving commercial, industrial, and agricultural construction. Comparable in product offering (structural steel fabrication) and Ontario-based service area.
• Walters Group: Hamilton, Ontario-based structural steel fabricator and erector serving commercial, industrial, and institutional construction across Canada. Closely comparable in scope (structural steel + joists), geography (Ontario), and full-service model (design-assist through erection).
• Lock-Bond Ltd. Ontario-based structural steel fabricator and erector serving commercial, industrial, and institutional construction. Direct overlap with Shannon Steel in services, geography, and customer profile.
• Benson Steel: Toronto-area structural steel fabricator and erector serving commercial, institutional, and industrial construction in Ontario. Direct overlap in market (Ontario non-residential), product offering (structural steel fabrication and erection), and customer base (GCs and developers).
• Mariani Metal: Etobicoke, Ontario-based structural and miscellaneous metals fabricator serving commercial, institutional, and industrial projects. Comparable in scale and service mix (structural steel fabrication and erection) and competes in the same Ontario tender market.
• Whitley Steel: Ontario-based structural steel fabricator serving commercial and industrial construction. Comparable in scope, scale, and Ontario market focus to Shannon Steel.

Others

• Canadian Institute of Steel Construction (CISC): National industry association representing Canadian steel fabricators, engineers, and detailers. Comparable not as a competitor but as the trade body through which Ontario fabricators (including Shannon Steel via OSSFA membership) access standards, training, and advocacy.

Broad incumbents

• Atlas Tube (Zekelman Industries): Largest North American producer of hollow structural steel (HSS) tubing, supplying steel service centers and fabricators. Shannon Steel works extensively with HSS sections and is a downstream customer; Atlas Tube is an upstream/complementary player rather than a direct competitor.
• Canam Group: Large North American steel fabricator headquartered in Quebec with operations across Canada and the U.S., producing structural steel, joists, and steel buildings. Comparable product scope but at significantly greater scale and broader geographic reach than Shannon Steel.

Regional players

• Stresscon Corporation: Vancouver, British Columbia-based structural steel fabricator serving Western Canadian commercial, institutional, and industrial projects. Same product category (structural steel fabrication and erection) but operates primarily in a different Canadian region from Shannon Steel.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Shannon Steel