Webco hit by lower spot tags, start-up costs
Oct 05, 2012 | 03:08 PM
CHICAGO Lower spot prices tarnished Webco Industries Inc.s fiscal-year results, and costs related to its new $55-million facility in Sand Springs, Okla., also hurt the steel tube manufacturer and distributors bottom line.
But Webco said the new plant, which began production during the companys fiscal fourth quarter ended July 31, should broaden the companys technical capabilities and boost quality as well as capacity for carbon steel tubing.....
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.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.