Ontario California headquartered US’s leading infrastructure construction services company Martinez Steel has completed a refinancing with KeyBank. Proceeds will be used to fund continued growth driven by strong infrastructure demand as well as expansion plans. Additional terms of the transaction were not disclosed. Martinez Steel is a portfolio company of New State Capital Partners. Martinez Steel CEO Mr Ken Witzenman said "We are pleased to embark on a new relationship with KeyBank as we continue our expansion into Northern California and diversify our product offerings. The new partnership will allow us to continue to develop our core business as well as enter new markets and successfully compete for a variety of public and private infrastructure projects."Founded in 1994 and headquartered in Ontario in California, Martinez Steel is one of the largest independent rebar subcontractors in the United States. The Company provides services to major public and private infrastructure projects on the West Coast, including the California High Speed Rail and Los Angeles Rams Inglewood Stadium.Martinez Steel is a portfolio company of New State Capital Partners, an entrepreneurial-minded private equity firm. New State and its affiliates have invested in more than 30 companies to date.