JMC Steel creates Energex Tube with Lakeside acquisition

Wednesday, 04 April 2012 01:56:19 (GMT+3)   |  

Chicago, Illinois-based pipe and tube manufacturer JMC Steel Group Inc. announced Tuesday that through its acquisition of Lakeside Steel, JMC will expand its offerings in the oil and gas industry. JMC will combine the operations of Lakeside Steel with their existing oil and gas business to offer oil country tubular goods (OCTG) products (ranging from 2 to 9 5/8 inches OD) and A25 and X Grade line pipe (ranging in size from 2 to 10 3/4 inches OD). This new North American JMC division will be named Energex Tube.

As a result of the acquisition, JMC will assume responsibility for Lakeside Steel, including its former headquarters and plant operations in Welland, Ontario; operating facilities in Thomasville, Alabama, and Corpus Christi, Texas; and two processing plants under construction in Thomasville, Alabama. When the new facilities become operational in Q4 2012, their manufacturing capabilities will include specialized heat-treatment and end-finishing operations, supporting JMC's efforts to deliver finished product ready for use in the field.

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