Coronavirus (COVID-19): Apply for an Economic Injury Disaster Loan
CLICK HERE Close

Success Stories

DeGeest Steel Works is a family-owned contract job shop specializing in complex and large carbon steel weldments for over forty-two years. The company welds, paints, cuts, fabricates and operates a full line of robotic welders sending their parts to every state and every continent, except Antarctica.

Derek DeGeest’s grandfather, Clint, was a welder in the Navy and when he retired from service, he began working in manufacturing. Clint and his wife eventually opened DeGeest Manufacturing in 1976 and utilized the SBA 7(a) loan program in 1979. Derek’s father, Scott, his brother and his wife are all active in the company.

In 2013, the custom fabricator moved to a new, larger building and with a new building came the new name, DeGeest Steel Works. With the assistance of the Sioux Falls Small Business Development Center, the DeGeests obtained two SBA 504 loans in 2018 totaling over $4.1 million for an addition to their building, equipment and additional staff.

The... Read More