Martinez Steel, a construction services company and a portfolio company of New State Capital Partners, has completed a refinancing with KeyBank.

Proceeds will fund continued growth driven by infrastructure demand and expansion plans.

Ken Witzenman, CEO of Martinez Steel, commented, “We are pleased to embark on a new relationship with KeyBank as we expand into Northern California and diversify our product offerings. The new partnership will allow us to continue to develop our core business, enter new markets and successfully compete for public and private infrastructure projects.”