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Walters Group

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Walters Group
Private
ISIN🆔
IndustryConstruction
Founded 📆1956; 70 years ago (1956)
Founder 👔
Area served 🗺️
Key people
Peter Kranendonk (CEO), Walter Koppelaar (Chairman)
Products 📟 Structural steel fabrication and erection
Members
Number of employees
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

Walters Group is a Canadian family-owned structural steel fabrication and erection company based in Hamilton, Ontario.[1] Established in 1956, it provides steel design, fabrication and construction services for large commercial and industrial projects across Canada and the United States.[2]

History

The company began in 1956 as Walters Welding and Iron Works , a 24×30-foot ornamental iron shop founded by Walter Sr. Koppelaar on Upper Wellington Street in Hamilton.[2] By the late 1970s it had pivoted to structural steel and relocated to a larger facility on Rymal Road East.[2] During the 2000s the firm expanded in and outside Ontario, opening plants in Southern Ontario and taking minority ownership of North Carolina-based Dave Steel Company in 2017.[3]

Operations

As of 2025 Walters Group operates seven fabrication and erection facilities in Canada and the United States, with a combined shop space of roughly 800,000 ft².[1] The company uses 3-D modelling, robotic assembly and “model-to-truck” digital workflows to coordinate engineering, detailing and field erection.[4]

Notable projects

TD Terrace (160 Front Street West)

A 47-storey, 240 m office tower in Toronto that reused a six-storey heritage façade. Walters supplied and erected ≈12,000 t of structural steel and 1 million ft² of metal deck; the tower is targeting LEED Platinum.[5][4]

One Bloor West (The One)

One Bloor West is a 91-storey mixed-use tower under construction at Yonge and Bloor in Toronto. Walters engineered, fabricated and erected the hybrid steel-and-concrete exoskeleton.[6]

Algoma Steel Electric-Arc Furnace

In 2022 Walters won the contract to build the main structure for Algoma Steel’s electric-arc furnace in Sault Ste. Marie, Ontario, part of a project expected to cut corporate greenhouse gas emissions by 70 percent.[7]

Two Manhattan West

A 902-ft (275 m) office tower at 401 Ninth Avenue in New York City. Walters supplied and installed ≈55,000 t of structural steel, coordinating lifts above 13 active rail tracks.[8]

10 World Trade

A 17-storey, 555,000 ft² mixed-use building in Boston’s Seaport District. Walters detailed and erected ≈9,500 t of steel for the curved façade and long-span arches. The development targets LEED Gold, WELL Platinum and SITES Gold.[9][10]

Leadership

Peter Kranendonk has served as chief executive officer since 2019, succeeding longtime president Walter Koppelaar, who became chairman.[1] The firm completed a full acquisition of Dave Steel Company in 2024 to extend fabrication capacity in the southeastern United States.[3]

References

  1. 1.0 1.1 1.2 Ellmen, Eugene (May 29, 2023). "Steel goes green". Hamilton City Magazine. Retrieved 2025-07-14.
  2. 2.0 2.1 2.2 "Hall of Fame Inductees: Walter Koppelaar (2015)". Hamilton–Halton Construction Association. Retrieved 2025-07-14.
  3. 3.0 3.1 "Walters Group from Hamilton acquires US-based Dave Steel Company". Ontario Construction Report. Nov 22, 2017. Retrieved 2025-07-14.
  4. 4.0 4.1 "Crews celebrate topping-off milestone at 160 Front Street West". Daily Commercial News. Apr 4, 2023. Retrieved 2025-07-14.
  5. Voth, Andrew (Winter 2023). "TD Terrace: Collaborative steel solutions for a sculpted skyscraper" (PDF). Advantage Steel. Canadian Institute of Steel Construction. Retrieved 2025-07-14.
  6. "Court Dismisses $1.4B Bid From Mysterious Entity To Buy The One". Storeys. Apr 24, 2025. Retrieved 2025-07-14.
  7. "Hamilton contractor will build Algoma Steel's electric arc furnace building". Northern Ontario Business. Apr 25, 2022. Retrieved 2025-07-14.
  8. "Two Manhattan West". Meyer Borgman Johnson. Retrieved 2025-07-14.
  9. "10 World Trade, an Innovative Development in Boston's Seaport District". Boston Real Estate Times. Apr 17, 2025. Retrieved 2025-07-14.
  10. "10 World Trade Tops Out". Thornton Tomasetti. Nov 9, 2023. Retrieved 2025-07-14.

See also


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