BNET Industries

Standard Steel LLC

is in the Manufacturing Industry

Last Fiscal Year Sales:$165.0M
  • Private
  • US
Dow Jones Description

Standard Steel is a leading manufacturer of forged steel wheels and axles for freight railcars, locomotives and passenger railcars. It is the only producer of forged steel wheels for railcars and locomotives in North America. Customers include major Class I railroads in North America, freight railcar builders, railcar and locomotive maintenance shops, the Amtrak national railroad, locomotive builders and regional transit authorities. Standard Steel, LLC was purchased by its current ownership group in 2006, but the existing facility has been producing forgings since 1795.

Chief Executive Officer
Michael J. Farrell
Number of Employees 800
Contact Information

500 N Walnut St

Burnham, Pennsylvania 17009-1644

www.standardste...

(717) 248-4911

NAICS Code Iron and Steel Mills: 331111

News & Analysis

standard steel llc - All News and Analysis

Decision Makers

Name (plus bio) Position
Michael J. Farrell Chief Executive Officer
Alan Majewski Vice President & Chief Financial Officer
John M. Hilton Chief Operating Officer
Thomas J Reinecke Executive Vice President
Dan Patterson Senior Vice President, Finance & Admin
Dana L Patterson Senior Vice President Finance & Administration
John Cummings Senior Vice President Manufacturing
William Fitzgerald Director, Sales

Board of Directors

Name (plus bio) Position
Michael G Maselli Board of Directors
Robert J Fioretti Board of Directors

Organization Position Status
Standard Steel LLC Chief Executive Officer Current
The Farrell Co. President Current
Federated Investors, Inc. President, Farrell & Co. Director Current
Lantern Communications, Inc. Current
Standard Steel LLC Chairman Current
C-COR.net Corp. Board of Directors Current
Federated Investors, Inc. Board of Directors Current
Freedom Forge CEO Former
Standard Steel LLC President Former
GE Transportation Systems Former
Westinghouse Air Brake Technologies Corporation Former
The Pennsylvania State University Former

Organization Position Status
Standard Steel LLC Vice President & Chief Financial Officer Current
Freedom Forge Controller Former

Mr. Hilton has served as Senior Vice President Sales & Operations since July 2001. Prior to that, he was employed as Vice President Sales since September 1993. He joined the Company in 1979 as an operations foreman and held various sales and marketing positions prior to 1993. He was employed by Bally Engineered Structures in their marketing and commercial departments from 1984 through 1987. Mr. Hilton is a graduate of Susquehanna University .

Organization Position Status
Standard Steel LLC Chief Operating Officer Current
Susquehanna University Former

Organization Position Status
The Farrell Co. Executive Vice President Current
Standard Steel LLC Executive Vice President Current
U.S. Army Officer Former
GE Transportation Systems Former
Westinghouse Air Brake Technologies Corporation Former
University of Illinois Former

Organization Position Status
Standard Steel LLC Senior Vice President, Finance & Admin Current

Mr. Patterson has served as Senior Vice President Finance & Administration since July 2001. Prior to that he was employed in various accounting and finance positions with the Company since 1978. From 1973 through 1978, Mr. Patterson was employed in various accounting positions at Fisher Corporation and Allied Equipment and Leasing Company. Mr. Patterson is a graduate of The Pennsylvania State University.

Organization Position Status
Standard Steel LLC Senior Vice President Finance & Administration Current
The Pennsylvania State University Former

Mr. Cummings has served as Senior Vice President Manufacturing since November 2003. Prior to that, he was employed as Plant Manager of the Latrobe, PA plant since 1996. Mr. Cummings began his career with Edgewater Steel in 1981, and served as Vice President of Operations from 1995 to 1996. He is a graduate of The Pennsylvania State University.

Organization Position Status
Standard Steel LLC Senior Vice President Manufacturing Current
Federated Investors, Inc. member Former
The Pennsylvania State University Former

Organization Position Status
Standard Steel LLC Director, Sales Current

Organization Position Status
Trimaran Capital Partners, LLC Managing Director Current
Norcraft Holdings, LP Manager Current
Norcraft Holdings, LP Board of Directors Current
Standard Steel LLC Board of Directors Current
Trimaran Capital Partners, LLC Board of Directors Current
Kidder, Peabody & Co. Vice President Former
The Bear Stearns Companies Inc. Managing Director Former
CIBC World Markets Inc. Managing Director in the Leveraged Finance Group Former
Kidder, Peabody & Co. Managing Director Former
Tulane University M.B.A Former
University of Colorado B.A. In Economics Former

Organization Position Status
Trimaran Capital Partners, LLC Executive Director Current
Standard Steel LLC Board of Directors Current
Trimaran Capital Partners, LLC Managing Director Former
Canadian Imperial Bank of Commerce Former
Reddy Ice Holdings, Inc. Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Former
Wharton Graduate School of the University of Pennsylvania B.S. Former
advertisement
advertisement