
Lansing Trade Group LLC is a leading global distributor of steel and metal products. They have a strong presence in the industry with a wide range of products and services.
Their business model focuses on providing customized solutions to meet the diverse needs of their customers. This approach has helped them build long-term relationships with clients across various sectors.
Lansing Trade Group LLC operates out of multiple locations worldwide, allowing them to efficiently serve a global customer base. Their strategic locations enable them to quickly respond to changing market conditions.
Their commitment to providing high-quality products and exceptional customer service has earned them a reputation as a trusted partner in the steel and metal industry.
Related reading: Sumitomo Metal Industries
News
The Andersons Inc. has successfully completed its acquisition of Lansing Trade Group L.L.C. for approximately $324 million.
The acquisition was announced on October 15, 2018, and closed on January 1, 2019. The company paid $201 million in cash and issued 4.1 million unregistered shares valued at approximately $123 million.
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The Andersons now owns 100% of Lansing Trade Group, having previously owned approximately 32.5 percent of the company. The acquisition is expected to be accretive to EPS within the first full year after closing.
Corey Jorgenson will lead the merged business operations as president, assets and originations, and Krueger will lead commodities and merchandising.
What You Need to Know
Lansing Trade Group, LLC is a leading manufacturer of high-quality roofing and exterior building materials. They offer a wide range of products, including asphalt shingles, underlayment, and roofing accessories.
Their products are designed to meet the needs of builders, contractors, and homeowners, ensuring long-lasting and durable results. Lansing Trade Group's commitment to quality and innovation has made them a trusted name in the industry.
With a focus on sustainability and environmental responsibility, Lansing Trade Group continues to develop products that minimize waste and reduce their carbon footprint.
A unique perspective: How Far Is Lansing from Me?
Revenue & Valuation
Lansing Trade Group's estimated annual revenue is a significant figure, currently standing at $21.7 million per year.
Their revenue per employee is also noteworthy, coming in at a substantial $140,000.
This level of revenue per employee suggests a well-managed and efficient operation, where each employee is contributing significantly to the company's overall success.
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Competitors & Alternatives
When evaluating competitors and alternatives, it's essential to look at key metrics such as revenue and number of employees.
Associated Wholesale Grocers leads the pack with a revenue of $372.1M and 2658 employees.
The Redwood Group is a notable competitor with a revenue of $15M and 99 employees.
KMS is another competitor with a revenue of $9.7M and 69 employees.
Lansing Trade Group has a revenue of $21.7M and 155 employees.
WSM Industries has a revenue of $4.2M and 30 employees.
IBT is a competitor with a revenue of $35M and 440 employees.
Clancey Company has a revenue of $4.3M and 31 employees.
LDF Companies has a revenue of $15M and 205 employees.
GL Huyett has a revenue of $15M and 183 employees.
MKS Pipe and Valve has a revenue of $15M and 52 employees.
Here are the top 3 competitors by revenue:
Employee growth is another important metric to consider, with some companies experiencing significant increases and others experiencing declines.
Lansing Trade Group has experienced a decline in employee growth, with a -2% change.
IBT has experienced a significant increase in employee growth, with a 30% change.
KMS has also experienced a significant increase in employee growth, with a 23% change.
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