1944年に井上浅次氏が姫路で創立した川西航空機の協力工場が起源。
戦後は軌道用品へ転じ、1987年に米ニューコアとの合弁でH形鋼の北米事業へ進出し、タイ・中東へ同じ合弁の形を重ねた。H形鋼を主力とする電炉メーカーで、海外が売上の6割を占め、利益の大半を合弁の持分法利益が生む。
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