PTC LIBERTY TUBULARS LLC ANNOUNCES PURCHASE OF CERTAIN BOOMERANG TUBE, LLC PIPE MILL ASSETS
February 11, 2021
PTC LIBERTY TUBULARS LLC ANNOUNCES PURCHASE OF CERTAIN BOOMERANG TUBE, LLC PIPE MILL ASSETS
Liberty, TX — February 11, 2021 — PTC Liberty Tubulars LLC (PTC Liberty) is pleased to announce the completion of the purchase of substantially all of the assets of Boomerang Tube, LLC (Boomerang), a leader in OCTG welded pipe for the oil and gas sector. In addition, PTC Liberty acquired the assets of the Southern Tube LLC facility in Houston, TX.
To Our Valued Customers – March 25, 2020
March 25, 2020
To Our Valued Customers:
Many States have issued a “Stay At Home” Order through April 7th due to the continued COVID-19 situation. After reviewing each Statewide Order, we have determined that in all cases PTC Alliance is deemed an “Essential Business” operation and therefore WILL continue to manufacture and deliver our products in the normal course, as long we can do so safely. Our materials are used in many strategic defense projects as well as infrastructure products like medical equipment and transportation. We will maintain normal production, shipping, and office schedules at this time.
To our Valued Customers-March 16 2020
March 16, 2020
To our Valued Customers:
We want to thank you for your patience during this very challenging situation and provide you with an update on our response to the COVID-19 health emergency. PTC’s leadership team is closely monitoring the status of the outbreak and any potential impact on the supply chain. We have confirmed that all our critical suppliers are operating and have contingency plans to continue to operate in the event of a local outbreak. PTC has put in place multiple actions to address the health and safety of our teammates so that we can continue to operate our facilities.
PTC ALLIANCE AND RICHMOND, IN UNION AGREE TO NEW LABOR AGREEMENT
Richmond, IN – November 5, 2019 – Union employees at PTC Alliance’s Richmond, Indiana plant have approved a new 4-year labor contract. The agreement was ratified on November 4, following two (2) weeks of negotiations between the parties.
PTC ALLIANCE AND FAIRBURY, IL UNION AGREE TO NEW LABOR AGREEMENT
Fairbury, IL – June 14, 2019 – Union employees at PTC Alliance’s Fairbury, Illinois plant have approved a new 4-year labor contract. The agreement was ratified on June 12, more than two (2) weeks prior to the expiration of the current agreement and among other things, provided for the largest general hourly wage increase in more than 10 years at the facility.
PTC Alliance And Beaver Falls, PA Union Reach Early Labor Agreement
Beaver Falls, PA – March 9, 2018 – Union employees at PTC Alliance’s Beaver Falls, Pennsylvania plant have approved a new 3-year labor contract. The agreement was ratified on March 8, more than two (2) months prior to the expiration of the current agreement.
PTC Alliance And Chicago Heights, IL Union Reach New Agreement
Chicago Heights, IL – December 11, 2017 – Hourly employees at PTC Alliance’s Chicago Heights, Illinois plant have approved a new 3-year labor contract. The agreement was ratified on December 8 following final discussions between the parties.
USITC Votes To Continue Investigations On Cold-Drawn Mechanical Tubing From China, Germany, India, Italy, Korea, And Switzerland
June 2, 2017
News Release 17-080
Inv. No. 701-TA-576-577 and 731-TA-1362-1367 (Preliminary)
Contact: Peg O’Laughlin, 202-205-1819
US. Producers of Cold-Drawn Steel Mechanical Tubing File Trade Petitions Against Six Countries
FOR IMMEDIATE RELEASE
Contact: Alan Luberda, Kelley Drye & Warren LLP, (202) 342-8835
US. Producers of Cold-Drawn Steel Mechanical Tubing
File Trade Petitions Against Six Countries
<(Washington, D.C.) (April 19, 2017) — Five U.S. steel tubular products manufacturers — ArcelorMittal Tubular Products, Michigan Seamless Tube, LLC, PTC Alliance Corp.,
PTC GROUP COMPLETES EXTENSION OF CREDIT AGREEMENTS
Wexford, PA, July 28, 2016 – PTC Group Holdings Corp., a leading manufacturer of welded and DOM steel tubing and related products, announced today the completion of an amendment and extension of its current term loan and revolver. The Company said that its existing term loan agreement and ABL, which were due to expire under their terms later in 2016, have been extended until late 2019. The transactions will increase PTC’s liquidity and provide it with flexibility to expand on its leadership position in the precision tubing and bar market.
Cary Hart, CEO and President of PTC Group said, “We want to thank our existing term loan lenders and our ABL lender, JP Morgan Chase, for their support in connection with this extension. This action will make it possible for the Company to continue to invest in our world class technology in support of our existing and potential new customers and markets.”
