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TMK IPSCO to Open New Production Facility in Marcellus Shale Region
03/04/2010 - TMK IPSCO has signed a lease on a building in Brookfield, Ohio, where it will install new equipment to further expand the threading capacity of its ULTRA Premium Connections product line. The facility is expected to begin operations during the second quarter of this year.
Steel tubular manufacturer TMK IPSCO has signed a lease on a building in Brookfield, Ohio, where it will install new equipment that will further expand the threading capacity of its ULTRA Premium Connections product line.
The new facility will be capable of manufacturing both premium and API connections and will support TMK IPSCO's growing market share in the Marcellus Shale gas plays, where ULTRA has been one of the first manufacturers to make premium connection sales.
The facility, which should begin operations during the second quarter of this year, will have an annual manufacturing capacity of up to 100,000 tons of threaded pipe. Initial employment will be approximately 50 people, with long-term employment levels expected to reach 120.
The Brookfield site is near Youngstown, Ohio, approximately 40 miles northwest of TMK IPSCO's existing steel mill in Koppel, Pa.
"The Brookfield, Ohio, facility was chosen in part because of the location, local industrial infrastructure, the economics, and the support of local and state governments, the business development authorities and local Chamber of Commerce," said Piotr Galitzine, TMK IPSCO's Chairman.
"As a company, we go where our customers need us and the Brookfield, Ohio, facility is in direct response to the growing need for infrastructure within the Marcellus Shale and for full service premium and API threading field service and threaded accessories to be located in close proximity to our customers' well-sites," said Vicki Avril, TMK IPSCO's President and CEO.
"TMK IPSCO has seen remarkable growth in its ULTRA Premium Connection product line and has become one of the largest manufacturers of premium connections in North America,” Scott Barnes, Vice President and Chief Commercial Officer, added. “Our investment is not only in new facilities and expanded capacity; it is also in new and innovative products. Each shale play we enter is unique in its requirements, and, with the opening of the new Brookfield facility, TMK IPSCO will introduce new products that are specifically designed for the drilling activity taking place within the Marcellus Shale."
TMK IPSCO operates in North America as a division of TMK, the largest pipe producer in Russia and one of the three global market leaders. TMK IPSCO is a leading producer of energy tubulars. It operates one steel mill and nine pipe mills and product finishing facilities in seven states across the United States. Its pipe mills produce a range of seamless and welded energy tubular products including oil and gas well casing and tubing, line pipe, drill pipe, standard pipe, and hollow structural sections. TMK IPSCO also manufactures premium connections for oil and natural gas drilling and production under the ULTRA brand name.
