INNOVATE Corp. (VATE)

Steel fabrication and erection holding company. Read November 8, 2026 from the annual report for the period ending December 31, 2025, filed March 26, 2026. Ranked 195 of the 275 Industrials companies read so far, by the share within reach now.

INNOVATE Corp. states 3,587 full-time and 151 part-time employees, 98% of them at DBM Global; its steel fabrication shops lead at fabricated structural metal, with its erection crews at structure contractors and its detailing and engineering offices at engineering services, by description.

The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.

What follows from the reading

Share of working time within reach of AI, on the long-run pace at four in five: 25% now, 30% at the end of 2027, 32% at the end of 2028, 32% at the end of 2030. By the patterns, the work is about 32% desk work, 13% people work and 55% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 68% of the working time stays with people (conversation, in-person and hands-on work), 26% becomes checking a model's work and 5% could be handed over with lighter checks, from the industries' own figures, not the company's roles.

Headcount

3,738 employees as of December 31, 2025 (sum of stated parts). The filing states no count by country; DBMG's workforce spans the U.S., Canada, Australia, India, the Philippines, New Zealand, Thailand and the UK, with detailing offices abroad.

The filing: “As of December 31, 2025, we had 3,587 full-time employees and 151 part-time employees, including the employees of our operating businesses as described in more detail below.”

The workforce as industry patterns

What the filing says about the workforce: 3,587 full-time and 151 part-time employees, 3,525 and 141 of them at DBMG, where part-time includes temporary employees, consultants and contractors and hourly headcount moves with the volume of work; 23.9% of DBMG's employees under collective bargaining agreements; third-party fabrication and erection subcontractors used on many projects.

Companies read with the same leading pattern

Other companies whose largest staffing pattern is also Fabricated Metal Product Manufacturing (3323 and 3324 only), largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five. Now is projected from METR's April 2026 measurement and Epoch's November 2026 index.

• Crown Holdings, Inc. (CCK, 23,000 employees)24% now, 28% by 2028
• Ball Corporation (BALL, 16,000 employees)25% now, 29% by 2028
• Greif, Inc. (GEF, 14,000 employees)22% now, 27% by 2028
• Valmont Industries, Inc. (VMI, 10,791 employees)25% now, 30% by 2028
• BWX Technologies, Inc. (BWXT, 10,400 employees)28% now, 35% by 2028
• Arcosa, Inc. (ACA, 6,390 employees)23% now, 27% by 2028
• Griffon Corporation (GFF, 5,100 employees)26% now, 30% by 2028
• Apogee Enterprises, Inc. (APOG, 4,100 employees)22% now, 25% by 2028

What the filing says about AI

8 sentences in the filing name AI. The filing names AI in eight sentences: the Glacial AI robotic cooling device under development at R2 Technologies, and AI among cybersecurity risks.

• “Glacial AI - Currently undergoing research and development, the Glacial AI is an autonomous, robotic cooling device focused on whole-body skin lightening and brightening.”
• “Ability to meet working capital and long term liquidity requirements Dependence on key personnel and ability to attract and retain skilled personnel Any identified material weaknesses in our internal controls Constraints in the labor market and increases in labor costs Foreign exchange rate volatility and inflation Impact of competition on our business Impact of any potential future acquisition...”
• “Additionally, the rapid advancement of AI may give rise to additional cybersecurity vulnerabilities.”
• “Through generative AI, potential threats may have new tools to automate and refine attacks or evade detection.”
• “The inappropriate disclosure of confidential information or risk of theft of our intellectual property could result from the inappropriate use of AI systems by our employees, personnel, or business partners with access to such information, which could have an adverse effect on our business.”

Its annual reports, year by year

Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector

• Fiscal 20211median 0
• Fiscal 20221median 0
• Fiscal 20238median 1
• Fiscal 20248median 4
• Fiscal 20258median 10

Headcount by filing year

As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.

Limits of this reading

• The collector's 3,587 is the full-time count; the headcount is the sum of the stated full-time and part-time parts (rule 2), and DBMG's part-time count includes temporary workers and contractors as the filing states.
• The split among fabrication, erection and detailing is by description (c); the filing counts DBMG as a whole.
• No count by country is stated; the U.S. share is left null.

Source: the company's annual report on EDGAR, accession 0001006837-26-000014, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.