Rebar fabricator and installer Camblin Steel Service Inc. is
capitalizing on improving California construction markets and
expanding its operations in a $4-million deal, vice president
Mark Camblin told AMM.
The new location, just two miles from Camblins current
Sacramento, Calif., property, will double the companys
shop space and give the company direct rail access.
The move comes as construction begins to pick up in the
California market, with rebar distributors and fabricators
agreeing that business is slowly improving.
Were feeling like things are heading in a good
direction and we want to get a little aggressive, Camblin
said. Theres some private money (whereas) two or
three years ago there was no private money.
Recent housing data from the National Association of
Homebuilders show that Californias residential building
permits jumped 115 percent in the first two months of 2013
compared with the same period last year, while nationwide
residential building permits rose only 31 percent in the same
Although orders have begun to improve, margins are still thin
at all levels along the supply chain in the California market,
(Business) is picking up a little bit but margins are not
so good or so attractive, said a product manager at
another rebar service center in southern California.
Theres a pretty decent amount of work coming back
but the margins are still really tight, Camblin said.
Camblins company, which will begin transitioning to its
new location in Placer County this month, is supplying
warehouses, retail and residential construction this year.