Fives to Equip Texas OCTG Mill
07/12/2023 - South Korea’s Husteel has contracted equipment manufacturer Fives to outfit a US$122 million oil country tubular goods manufacturing facility being built in Texas.
“The new plant in Texas will be our first facility in the United States. We are relying on Fives’ presence in the local market, its long-standing reputation as a supplier of reliable equipment, and their vast experience,” said Husteel chief executive officer Hoon Park.
The plant will produce pipe and tube in diameters ranging from 60 mm to 114 mm with wall thicknesses of up to 10 mm for the oil and gas sector. Fives will supply a slitter, a welded pipe and tube mill, a straightener, and an end facer, among other equipment.
“We are very proud and excited to be part of this new project delivering our complete solution from slitting to tube finishing. This is our largest, fully integrated contract with a renowned manufacturer in our history,” said Jon Dunn, president and chief executive officer of Fives Bronx, Fives’ subsidiaries in the U.S. and U.K.