“I’m thrilled to take over this well-established business and continue its legacy of providing top-tier products and services. I look forward to working closely with the team and our clients to expand JCD Steel’s reach in the marketplace,” said the new owner, Doug Reynolds, in a statement.

In addition to OCTG, JCD supplies electric resistance weld reject pipes, longitudinal submerged arc welded pipes, in-line galvanized pipes, and steel beams.

The previous owner, Juan Diaz, started the company over 15 years ago.

“I’m confident that the new owner will lead JCD Steel into its next phase of growth while maintaining the same level of excellence we’ve built,” he said.