Mechanical tubing and hollow structural sections (HSS) producer Leavitt Tube Company announced Monday that it has been renamed Maruichi Leavitt Pipe & Tube, LLC. The change reflects the ownership position of the company which is 60 percent owned by Maruichi Steel Tube Ltd. (MKK). In 2008, Maruichi Steel Tube LTD of Japan acquired a majority interest in Leavitt Tube. The remaining 40 percent of the company is owned by Sumitomo Corporation of American (SOCA).
Maruichi Leavitt Pipe & Tube will continue to be headquartered in Chicago, Illinois and will have its own distinct logo and identity, and will continue to produce mechanical tubing and steel HSS. The company also plans on producing A53 Grade B Tested Pipe and API 5L Specification Pipe after upgrades to its largest structural tube mill, the W80, are complete in the first quarter of 2013.