Stamford Industrial Group, through its wholly owned subsidiary Concord Steel (Concord), manufactures steel counterweights and structural weldments. The company sells its products primarily in the United States to original equipment manufacturers (OEM) of certain construction and industrial related equipment that employ counterweights for stability through counterweight leverage in the operation of equipment used to hoist heavy loads, such as elevators and cranes.
In the counterweight market, th...
Stamford Industrial Group, through its wholly owned subsidiary Concord Steel (Concord), manufactures steel counterweights and structural weldments. The company sells its products primarily in the United States to original equipment manufacturers (OEM) of certain construction and industrial related equipment that employ counterweights for stability through counterweight leverage in the operation of equipment used to hoist heavy loads, such as elevators and cranes.
In the counterweight market, the company's primary target includes the OEMs with in the commercial and industrial construction equipment industry that manufactures aerial work platforms, telehandlers, scissor lifts, cranes, and various other construction related equipment and vehicles; and the elevator industry, that incorporates counterweights as part of the overall elevator operating mechanism to balance the weight of the elevator cab and load.
Products and Services
Concord primarily produces three styles of counterweights: profile cut, box enclosures, and stack and weld. Profile cut is the most prevalent method whereby the plate is cut into a specified configuration, de-slagged and staged. The counterweight can either be shipped in its original form or may require added processing (painting, drilling or shot blasting). Profile cut products are typically individual counterweights or weldment components that are integrated into aerial work platforms, material telehandlers, and elevator OEMs. Box enclosures, mainly sold to crane OEMs, are fabricated and welded boxes filled with predetermined weights of material and closed with a welded lid. Stack and weld products involve various pieces and shapes welded together to create the fabricated end-product. Stack and weld products are generally used in crane and heavy vehicle applications.
Concord also manufactures steel weldments in various shapes and sizes as specified by its customers. Weldments are typically steel components that serve as both a counterweight and as part of the structure of an OEMs end product. Typical weldments could include vehicle body parts such as panels, bumpers, beams, and plates. Concord’s services include: just-in-time inventory programs, production of kits containing multiple products for ease of assembly by the customer, and technical assistance.
History
Stamford Industrial Group, Inc. was founded in 1996.