Synalloy Corporation

Tubing Order Largest Yet for Virginia Metals Producer

 

A corporation based in Richmond, Virginia, that produces metals equipment for a broad range of manufacturing applications recently announced that it was awarded an $8 million tubing order.

Bristol Metals LLC, a subsidiary of Synalloy Corporation, has begun shipment of the product from its Bristol, Tennessee, and Munhall, Pennsylvania, facilities. The company stated that this is the single largest order of its type that Bristol Metals has received since being acquired by Synalloy.

Synalloyengages in a number of diverse business activities including the production of stainless steel pipe and tubing, galvanized pipe and tubing, fiberglass and steel storage tanks, specialty chemicals and the master distribution of seamless carbon pipe and tubing.

Tubing Order Largest Yet for Virginia Metals Producer Read More »

PA Stainless Steel Pipe and Galvanized Tube Operation Changes Hands

Craig C. Bram, president and CEO of Synalloy Corporation

A metal pipe manufacturer recently completed the acquisition of the U.S. stainless steel pipe and galvanized tube operations of an Italian steel processing group, making the combined business the largest domestic producer of welded stainless steel pipe and mechanical tube in North America.

Bristol Metals, LLC, a subsidiary of Synalloy Corporation, purchased the galvanized tube manufacturing equipment and inventory assets of Marcegaglia USA, which includes the company’s facility in Munhall, Pennsylvania. The new business will operate under the name of Bristol Metals.

“We expect the addition of this business to be as incrementally positive to Bristol Metals’ financial results as was our initial transaction with Marcegaglia,” said Craig C. Bram, president and CEO of Synalloy Corporation.

Kyle Pennington, President of Synalloy Metals

“Our sales team is very familiar with the end markets and customers for these product lines and they look forward to taking this business to the next level,” said Kyle Pennington, President of Synalloy Metals. “This is a natural product line extension for Bristol Metals.”

PA Stainless Steel Pipe and Galvanized Tube Operation Changes Hands Read More »