Pipe and Tube
The latest news on companies making seamless and welded pipe and tube products.
Latest News
AK Tube Plant Recognized for Outstanding Safety Performance
03 June 2012 - The Walbridge, Ohio, plant of AK Tube LLC, a subsidiary of AK Steel, has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene.
Northwest Pipe Reports Q1 2012 Financial Results
15 May 2012 - Northwest Pipe reported that net sales for the quarter ended March 31, 2012, increased 27.6% to $142.2 million compared to $111.5 million in the same quarter in 2011. Gross profit was $16.5 million (11.6% of net sales), an increase from $14.8 million (13.2% of net sales) a year ago.
Northwest Pipe Reports Full Year 2011 Results
02 May 2012 - Northwest Pipe Co. announced its 2011 financial results including record revenues in 2011 and a return to profitability. Net sales for the year ended December 31, 2011 increased 32.3% to $511.7 million compared to $386.8 million in the prior year.
JMC Steel Completes Acquisition of Lakeside
02 April 2012 - JMC Steel Group, Inc. and Lakeside Steel Inc. have completed Lakeside's statutory plan of arrangement under the Business Corporations Act (Ontario). The Ontario Superior Court of Justice issued a final order approving the arrangement on March 29, 2012.
Lakeside Shareholders Approve Arrangement
27 March 2012 - Lakeside Steel announced that Lakeside stockholders approved the previously announced plan of arrangement for the acquisition of the company’s common shares by 2312522 Ontario Inc., a wholly owned subsidiary of JMC Steel Group, Inc.
Northwest Pipe Receives Nasdaq Notice for Late Filing of Form 10-K
23 March 2012 - Northwest Pipe has received notice from the Nasdaq Stock Market that the company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1) because it did not timely file its Annual Report on Form 10-K for the year ended December 31, 2011.
TMK Ipsco Begins Development of New Premium Facility in Canada
22 March 2012 - TMK Ipsco has begun development of a new 33,000 square-foot pipe threading and service facility in Edmonton, Alta., Canada. The facility will thread a full range of ULTRA™ Premium connections and will offer a full line of accessories, services and repairs.
Premier Alliance to Implement Automated Demand Response at California Steel
08 March 2012 - Premier Alliance Group’s recently acquired Energy Division, Greenhouse Holdings, has been contracted to implement Southern California Edison’s Automated Demand Response (Auto-DR) program for California Steel Industries at its 450-acre Fontana, Calif., facility.
Lakeside Announces Fiscal 2012 Third Quarter Results
28 February 2012 - Lakeside Steel Inc. recorded a net loss of $9,160,125 on revenue of $58,085,702 for the third quarter ended December 31, 2011 (Q3-2012), and a net loss of $17,854,604 on revenue of revenue of $158,884,734 for the first nine months of 2011.
Atlas Tube Partners Up to Bring Jumbo HSS Products to North America
24 February 2012 - Atlas Tube has partnered with Nippon Steel & Sumikin Metal Products Co., Ltd. (NSMP) and Mitsui & Co. Ltd. to supply Jumbo Hollow Structural Sections (HSS) to the North American market.
Lakeside Steel Announces Management Changes
31 January 2012 - Lakeside Steel Inc. announced that Vic Alboini is no longer the Chairman and CEO of the company. The company has appointed Norman Findlay as Interim Chairman of the Board.
Lakeside Steel, JMC Steel Group Execute Arrangement Agreement
26 January 2012 - Lakeside Steel Inc. and JMC Steel Group, Inc. have entered into a definitive agreement pursuant to which JMC Steel Group, Inc., through a wholly owned subsidiary, has agreed to acquire all of the issued and outstanding common shares of Lakeside at a price of $0.2983 per share in cash.
L.B. Foster to Supply Rail, Trackwork Products for V&M Star Pipe Mill
18 January 2012 - L.B. Foster Co. has begun delivery of $3.4 million of rail and trackwork products to rail contractor Wintrow Construction for the construction of 8.5 miles of track and other track materials at the new Vallourec & Mannesmann Tubes (V&M) Star Steel pipe mill in Youngstown, Ohio.
Northwest Pipe to Expand Saginaw Facility
17 January 2012 - Northwest Pipe Company announced plans for a significant expansion to its Saginaw, Texas, manufacturing facility.
Lakeside Provides Update on Non-Binding Transaction Proposal
11 January 2012 - Lakeside Steel Inc. announced a 10-daye extension of the period in which the company has agreed to negotiate exclusively with the potential purchaser regarding an acquisition or similar transaction.
Lakeside Reports 2nd Quarter Results, Proposed Financings
02 December 2011 - Lakeside Steel Inc. reported a net loss of $7,601,420 on revenue of $47,771,086 for the fiscal 2012 second quarter, and a net loss of $8,694,479 on revenue of $100,799,032 for the six months ended September 30, 2011.
Canadian Auto Workers Local Ratifies Contract with Lakeside Steel
04 November 2011 - Members of the Canadian Auto Workers, Local 523, the union representing employees at the Welland, Ont., facilities of Lakeside Steel Corp. have ratified a new three-year collective agreement.
Lakeside Reaches Tentative Agreement with Canadian Auto Workers
02 November 2011 - Lakeside Steel Inc. has reached a tentative agreement with the Canadian Auto Workers, Local 523 representing approximately 350 employees of Lakeside Steel Corp.
Three Atlas Tube Facilities Achieve STINA Certified Producer Status
12 October 2011 - Atlas Tube's manufacturing facilities in Chicago, Ill.; Harrow, Ont.; and Plymouth, Mich. are among the first steel tubular producers in North America to earn the right to display the Steel Tube Institute of North America's Certified Producer Mark on its products.
Lakeside Accelerates Completion of Alabama Treatment Facility
20 September 2011 - Lakeside Steel announced that construction is ahead of schedule for its new USD $7.5M state-of-the-art tubing thermal and end-finishing facility in Thomasville, Ala.
