SEI MetalTek believes that the categories in which it operates or intends to operate have thousands of participants generating over $10 billion in annual revenues and is undergoing consolidation. Growth in these industries has been driven by a variety of factors. In order to remain competitive, companies are focusing on their core competencies and are increasingly outsourcing their metal fabrication, processing, and testing requirements. This enables them to reduce their material costs, decrease capital required for raw materials inventory and save time, labor and other expenses. Additionally, customers are seeking to reduce complexity and costs by limiting the number of processors and fabricators with whom they do business, often eliminating those suppliers offering limited ranges of products and services.