Steel Partners Holdings L.P. is a global holding company with a diverse portfolio of businesses spanning industrial products, energy, financial services, and supply chain management. Operating worldwide, the company’s subsidiaries engage in a wide range of activities, from manufacturing specialized materials to providing financial services.
Steel Partners’ Business Segments: A Closer Look
Steel Partners operates through four key segments: Diversified Industrial, Energy, Financial Services, and Supply Chain. This diversified approach allows the company to mitigate risk and capitalize on opportunities across various sectors.
Diversified Industrial: Manufacturing Expertise
Within the Diversified Industrial segment, Steel Partners showcases its manufacturing prowess. This segment includes the fabrication of precious metals and alloys into brazing alloys, the production of seamless stainless steel tubing coils, and the manufacturing of fasteners and adhesives for the roofing and building industries. Additionally, the company produces woven substrates used in specialty applications from materials like fiberglass, quartz, carbon, and aramid. This segment highlights Steel Partners’ commitment to precision and innovation in materials science.
Energy: Powering Progress
The Energy segment focuses on designing, manufacturing, and marketing power electronics, motion control systems, and power quality equipment. These products find applications in diverse sectors, including medical, aerospace, computer, industrial, and telecommunications. The segment also includes the production of custom ball-screws, gears, and gearboxes, further demonstrating Steel Partners’ breadth of engineering capabilities.
Financial Services: A Broad Spectrum
Steel Partners’ Financial Services segment encompasses a range of activities. The company originates and funds consumer and small business loans, issues credit cards, and accepts deposits. Furthermore, it participates in syndicated commercial and industrial loans, asset-based credit facilities, and securitizations. This demonstrates a comprehensive approach to financial services, catering to both individual and corporate needs.
Supply Chain: Efficiency and Expertise
The Supply Chain segment provides crucial services to the food processing and packaging industries. Steel Partners manufactures and distributes meat-room blade products and repair services for supermarkets, restaurants, and meat processing plants. It also provides cutting blades for bakeries and the wood processing industry. Additionally, the company manufactures and distributes coated, laminated, and metallized films for various applications, including imaging, aerospace, insulation, and solar photovoltaics. This highlights Steel Partners’ commitment to optimizing supply chain processes for diverse industries.
Steel Partners: A History of Growth
Founded in 1990 and headquartered in New York, New York, Steel Partners has a long history of growth and diversification. The company’s strategic acquisitions and operational expertise have enabled it to establish a strong presence in various markets globally. Steel Partners Holdings GP Inc. serves as the general partner of the company.
