State’s largest steel subcontractor makes strategic expansion to Decatur

Alabama’s largest steel subcontractor, FabArc Steel Supply, has officially moved into Decatur, adding important fabrication capacity within the region during one of North Alabama’s most active construction periods to date.

The Oxford-based company announced a lease-purchase agreement on May 11 for the 60,000-square-foot Turner Industries fabrication facility on approximately 29 acres at 127 Old Highway 24 in the city’s northwestern area.

Based in Baton Rouge, Louisiana, Turner Industries has operated in Decatur for over a decade and will retain access to the facility as needed to support existing contracted work. The transition was effective the date of the agreement.

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More about steel subcontractor FabArc + Turner Industries

FabArc and Turner leaders emphasize the collaborative nature of the agreement and how it will ultimately serve the region’s construction industry better.

“It marks the beginning of a strong and lasting relationship between FabArc and Turner Industries. This opportunity allows us to build on an established foundation in Decatur while continuing to deliver high-quality fabrication services to our clients. We are confident this partnership will create lasting value for both companies and the communities we serve.”  
_{FabArc President and CEO Tom Adams}

“After several years in our Decatur office, we are transitioning to a flexible, region-wide operational model. Our address in the area will change, but our commitment to the Tennessee Valley and our clients in the region is as strong as ever.”
_{Turner Industries CEO Stephen Toups}

Lease-purchase agreement terms

• FabArc leases with an option to purchase at the end of the term
• Transition closed on May 11 with no gap in operations
• Financials were not disclosed

35 jobs preserved + new worker-ownership model

FabArc retained 35 or more Turner Industries employees as part of the transition. Because FabArc is a 100% employee-owned company, the former Turner Industries employees gained a financial stake.

Founded in 1979, FabArc has:

• A workforce of more than 300 employees
• Two plants in Oxford totaling over 300,000 square feet of fabricating space
• Annual production capacity exceeding 40,000 tons