Carbon steel prices in North America declined by a small amount on average in January, according to the British metals tracking firm MEPS. “Oversupply continues to be a problem in
Cameron has settled a class action lawsuit filed in 2002 related to contaminated underground water near a former manufacturing facility in Houston. Cost of the settlement is approximately $9 million.
The Committee on Pipe and Tube Imports, a nonprofit organization for U.S. pipe and tube producers, approved a resolution calling on Congress to oppose extending Trade Promotion Authority unless the
According to Industrial Info Resources’ (Sugar Land, TX) Project Spending Index, North America industrial project spending experienced 15.3% growth in 2006 when compared to 2005, increasing from 5,450 projects valued
J-M Manufacturing Co. and PW Eagle Inc., manufacturers of plastic pipe, fittings and tubing products, announced that they have signed a definitive merger agreement under which J-M will acquire all
IPSCO Inc. announced the construction of an oil country tubular goods (OCTG) heat treat facility adjacent to its Blytheville, AR, pipe mill. The new facility will produce heat-treated OCTG in
Global private equity firm The Carlyle Group announced that John Maneely Co. (JMC), the parent company of Wheatland Tube and Atlas Tube, has signed a definitive agreement to acquire Sharon
Economic growth in the United States will continue in 2007, say the nation’s purchasing and supply management executives in their 72nd Semiannual Economic Forecast. Expectations are at a relatively high
Flowserve Corp. was honored with 10 Industry Leader Awards for 2006 by The National Safety Council, designating it as one of the safest companies in America. The NSC recognizes companies
Cameron named Lorne Phillips a vice president. Treasurer of the company since July 2005, Phillips joined Cameron in 1999 and served as general manager of the Valves & Measurement group’s
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