Lynchburg company awarded three contracts worth $100M

It's going to be a busy year for Banker Steel Company.

The Lynchburg-based steel fabricator says it has been awarded contracts worth about $100 million for three projects in Louisiana and New York City.

Banker Steel will provide 18,000 tons of structural steel for construction of a medical center in New Orleans. Another 5,250 tons will be produced for a new public safety answering center. The third contract is for 4,000 tons for construction of a new Whitney Museum building in New York City.

Marketing director Erick Petersen tells The News & Advance that the steel will be fabricated at Banker Steel's two Lynchburg facilities.