Lone Star Steel and Northwest agree to join forces
Northwest
Pipe Company and Lone Star Steel Company announced a strategic marketing alliance today.
Under the agreement, Lone Star (a subsidiary of Lone Star Technologies) will be Northwests exclusive marketing representative for all of it API Products in the North American market.
Brian W. Dunham, President and CEO of Northwest said, This agreement is another step in our plan to improve our product mix, grow our energy market sales volume and generate stronger returns from our
Tubular Products business
We are excited about the opportunities we can create for both of our companies by working together."
Said, Rhys J. Best, chairman and CEO of Lone Star "We are delighted that Northwest
Pipe has selected Lone Star Steel as the exclusive North American marketing representative for its light wall high strength API line
pipe products.
Northwest
Pipe Company manufactures welded steel
pipe in two business segments. Its Water Transmission Group is a leading supplier of large diameter, high-pressure, steel
pipe products used primarily for water transmission in the United States and
Canada.
Lone Star Technologies is a holding company whose principal operating subsidiaries manufacture and market oilfield casing,
tubing, and line
pipe, specialty
tubing products, including finned tubes used in a variety of heat recovery applications, and flat rolled steel and other
tubular products and services.