TMK’s OFS subsidiary buys pipe services assets of ITS

Apr 09, 2013 | 10:21 AM |

Tags  TMK, pipe, tube, OFS International, ITS Tubular Services, Independent Inspection Services, Konstantin Semerikov, Alexander Shiryaev Konstantin Semerikov

NEW YORK — OAO TMK unit OFS International LLC has bought the pipe services and precision manufacturing assets of ITS Tubular Services (Holdings) Ltd., TMK said April 8.

ITS’ plant outside Houston is capable of producing more than 700,000 threaded pipe joints, about 250,000 couplings, and provides pipe inspection services and makes down-hole tools and accessories for various oil and....

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