Bri-Chem net climbs as seamless mill ramps up
May 16, 2012 | 02:18 PM
| Michael Cowden
Tags
Bri-Chem,
steel pipe,
distribution,
large-diameter seamless,
energy tubulars,
Michael Cowden
TORONTO — Bri-Chem Corp.’s earnings climbed as the steel pipe producer and distributor continued to ramp up its large-diameter seamless pipe mill in Canada and explore further expansion possibilities.
The Edmonton, Alberta-based company, which also makes fluids used in the oil and gas drilling sector, posted net income of Canadian $2.9 million ($2.87 million), up 9.9 percent from the same period last year, on sales that increased 3.8 percent to nearly C$52.6 million ($52 million).....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here