PHOENIX, Nov. 21, 2023 (GLOBE NEWSWIRE) -- DBM Global Inc. ("DBM Global") celebrates a monumental milestone of its subsidiaries Banker Steel Co. LLC ("Banker Steel") and NYC Constructors LLC ("NYCC") in erecting the last piece of major structural steel atop 270 Park Avenue in New York City today. The "Topping Off" ceremony celebrated the completion of the steel framework of the 60-story building, the new state-of-the-art global headquarters of leading financial services firm JPMorgan Chase. The supertall building is the largest steel structure in New York City and will provide 2.5 million square feet of flexible and collaborative space for up to 14,000 employees. The topping off celebration included appearances by JPMorgan Chase Chairman & CEO Jamie Dimon, New York Governor Kathy Hochul, New York City Mayor Eric Adams and other local officials.
DBM Global CEO James Rustin Roach commented, "Banker Steel continues to successfully complete some of the largest and most-complex structures in New York and along the Eastern seaboard." Mr. Roach added "Banker Steel and NYCC continue to add substantial value to the DBM Global family of companies across the United States."
For 270 Park Avenue, Banker Steel fabricated and NYCC erected 93,600 tons of structural steel. With over 800 craft workers in shop and field, Banker Steel and NYCC employees contributed over 1.6 million fabrication man hours and 1.2 million field hours. Banker Steel's fabrication expertise, efficient workflow processes and effective collaboration with stakeholders facilitated an early finish with the supertall topping out many weeks ahead of schedule. Banker Steel President Chet McPhatter said, "We are extremely proud of our entire team. The men and women in both our fabrication shops and on site are incredible, world class builders. It took years of intense planning and execution to fabricate and erect one of the most iconic structures in the history of NYC."
The project team included developer Tishman Speyer, architects Foster + Partners, structural engineer Severud Associates ...