Castle Metals/Banner Industries is a leading processor and distributor of metal bar products for a diverse set of industrial, medical, and aerospace end markets.
Castle Metals/Banner Industries provides supply chain solutions and a variety of value-added metal processing services, including centerless grinding, chamfering, turning, precision saw cutting, straightening, material ID and full traceability, waterjet cutting, ultrasonic testing, and CNC machining to its OEM, contract manufacturer, and precision machining customers. They work with stainless steel, carbon steel, alloys, aluminum, titanium, and more in bar, sheet, tube, and plate formats.
Banner Add-On Investments
Investment Date: June 2020
Supra Alloys is a value-added distributor of commercially pure and alloy titanium products serving aerospace, medical, and industrial end markets. Supra is located in Camarillo, CA.
Edge International is a value-added stocking distributor of medical grade cobalt-chrome, stainless and titanium bar for medical implants and instruments, including orthopedic, spinal, and trauma medical device applications. Edge is located in Warsaw, IN.
Investment Date: November 2021
NKS is a specialty metal services provider focused on small to medium size customers with no minimum purchasing volumes. NKS provides differentiated metal products and processing capabilities across the automotive, general industrial, aerospace and defense, power generation, medical, and infrastructure and construction end markets.
Add-On Criteria
- Geography: North America; especially Northeast and West Coast
- Size: Minimum $3M of EBITDA, positive FCF
- End markets: medical and aerospace (high priority), industrial
- Products/applications: ground bar, sheet/plate, wire & cable
- Metal types: carbon steel, exotic metals / specialized metals (high priority), titanium
- Capabilities/services: existing capabilities and complementary processes, such as heat treating, sheet/plate cutting, high-speed blank cutting, sheering, laser cutting