The company, which has 50 employees, plans to hire at least five new workers immediately at the new location at 3476 Lawrenceville Highway.
Steelmart produces steel products for the building industry. It warehouses and sells angles, channels, tubes, pipes, plates, sheets, flats, expanded metals, beams, ornamental iron and decking as well as many other products.
Services include shearing, forming, saw cutting, punching, drilling, and plate burning.
In a market that has been hurt by the recession, the company is on track to have its most profitable year.
Co-owner Brian Satisky attributes the great year to hard work and good values.
“Our formula is simple – do what you say you are going to do; take care of the customers, vendors and the employees; and always remain humble,” he said in a Nov. 29 statement.
Founder Paul Carling said he and Satisky made sacrifices to build up the company.
“When we got started, Brian and I would invest 90 cents out of every dollar we made back into the company,” he said. “Our take-home would be literally 5 cents on the dollar. But we believed in what we were doing and thankfully it has paid off.”
Carling and Satisky, who met as fraternity brothers at the University of Georgia, launched Steelmart in 1996 with nothing more than a truck, a trailer and a plan. In 1997 they hired their first employee and the company has been profitable every year since then.
They have been named to the INC Magazine Fastest Growing list three times in the past five years.
Steelmart relocated from Doraville. The new facility will allow the company to bring many operations into one spot. The Gainesville location will remain a full-service facility.
“Moving to DeKalb will change our company for the better,” Satisky said.
“We are so grateful for this exciting opportunity – we want to pass on our good fortune to our new neighborhood. We look forward to being good corporate citizens and to give back in many ways, starting with bringing much-needed jobs to the area.”
For more information, visit www.steelmartatlanta.com.