Boomerang
Tube, LLC, announced that the company has finalized funding to build a new
manufacturing facility in Liberty, TX, to produce welded OCTG and line pipe for
oil and gas customers in the U.S. and Canada.
Boomerang Tube, LLC, announced that the company
has finalized funding to build a new manufacturing facility in Liberty, TX, to
produce welded OCTG and line pipe for oil and gas customers in the U.S. and
Canada. Construction of the new facility, formerly owned by Allied Tube &
Conduit, will be financed byAccess Industries,
a New York-based industrial group. Access has committed $200 million for the
project. The facility will commence operations in August 2010.
Boomerang, based in St. Louis, is headed by Gregg Eisenberg, former chairman
and CEO of Maverick Tube Corp.
Also, German manufacturer Wilh. Schulz GMBH plans to build a stainless
steel pipe manufacturing plant in Tunica, MS. The $300 million facility, to be
constructed over the next five years, will be the German company’s first
manufacturing site in North America. Schulz's Mississippi division will be
known as Schulz Xtruded Products or SXP. Established in 1945, the company
specializes in serving the upstream and downstream oil and gas sectors and the
nuclear and fossil fuel power plant industry.
Schulz has successfully executed test production of clad pipes using a new
process for producing seamless extruded metallurgical bonded pipe and has
received its first orders. The company will produce these clad pipes
exclusively in its new facility in Mississippi.
Two U.S. Pipe Plants To Start Up
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