By Kate Bartlett
Pierce Steel Fabricators, Inc. is a family-owned, full-service steel fabricator located in Olean, NY with roots dating back to 1887. Specializing in delivering quality, custom fabrications on short lead times, Pierce Steel’s hardworking team goes above and beyond to meet its customer’s needs. The Cattaraugus County IDA recently assisted in the acquisition of space for further growth and development of this company.
In 2023, Pierce Steel acquired the 45,000 square foot former Sanzo Beverage Distribution Center on Route 16 in Hinsdale, NY. The purchase allows for the continued expansion and growth of sales and employment for the 130-year-old corporation in Cattaraugus County. The company is currently operating out of both their original and new location. The original location on 7thStreet in Olean was home to Pierce Steel’s 25 full-time employees for over 50 years. Pierce Steel also has a sales office in Orchard Park, NY.
Pierce Steel fabricates customized steel products including environmental air filtration systems, work stands, tanks, stairs and railings and structural steel. Their customers include Tesla, NASA, Rolls Royce, Boeing, GE as well as several local and regional companies.
Renovations to the new facility include the installation of seven overhead cranes, new HVAC and electrical systems, and the installation of multiple overhead doors. The additional space allows for the expansion of their state-of-the-art design and manufacturing space which includes 3D modeling, CNC laser and plasma cutting, CNC forming and certified welding. “Acquiring a new location was imperative to our growth and maintaining our position in the southern tier. Our employees are the key to our business; ensuring Pierce not only grows but remains in the area is a priority. The Cattaraugus County IDA was instrumental in assuring we secured our new location,” said, Mike DeRose, President and Owner of Pierce Steel Fabricators, Inc.
The Cattaraugus County IDA provided support for the project including a PILOT, sales tax relief, and a mortgage recording tax exemption. The anticipated completion for renovations is late Spring 2024. For more information on Pierce Steel Fabricators, Inc. please visit their website at www.piercesteel.com