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Bellville Tube Company Reopens

Steel News - Published on Fri, 12 Jul 2019

Image Source: KTVN
Manufacturer of high quality steel tubulars for the commercial construction, industrial, and oil and gas industries, Bellville Tube Company a has been reinstated by a US based private investment group that will remain private until finalized. The new ownership expects to have production commence in the third quarter of 2019, and at full capacity and providing up to 100 manufacturing jobs in 2020.

The company’s newly acquired production facility is located on approximately 80 acres, 50 miles west of Houston, TX near Bellville, Texas. It features hot rolled steel slitting capabilities and carbon steel tubular manufacturing, projected to expand into production of 130,000 tons annually, as well as full body normalization capabilities. Investment has been made in additional equipment and installation is currently in process to more than double production finishing capabilities.

The entire site is well suited for future facility expansion and well suited to take advantage of stronger surging oil and gas markets as well as upcoming significant planned infrastructure investment that will diversify the product range and increase overall capacity to ensure longevity and maximize production capacity while reducing production costs.

Bellville Tubular’s production facility had already benefited from a number of key capital investments made in 2013 from the previous owners (an affiliate of United States Steel Corporation). They included a Thermatool Corp 600 Kilowatt High Frequency Induction Welder with HAZ control, 4 channel Inspectech inline ultrasonic inspection mechanical and electronics station, and a 250 Horsepower Garner Denver plantwide compressor.

BTC was established in 1980 by Quanex Corporation. The facility was purchased in 2000 by Lone Star Technologies, which was acquired in 2007 by United States Steel Corporation, which idled production in August of 2014. The purchase includes all land and production equipment in the Bellville, TX, facility. The undisclosed value private sale completed on December 31, 2018 following a planned due diligence program allowing Bellville Tube Corporation to be reinstated to its previous widely known status as a Texas corporation in February of 2019 after completion of traditional procedural documentation.

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Posted By : Ratan Singh on Fri, 12 Jul 2019
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