Search
AMM.com Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.


Prolamsa unit applies for tax exemption on new pipe mill

Keywords: Tags  Prolamsa, Axis Pipe & Tube, ERW tubulars, Texas Enterprise Zone program, Brazos County Commissioners Court, Thorsten Schier


NEW YORK — Prolamsa Group subsidiary Axis Pipe & Tube Inc. has applied to the Texas Economic Development Bank to designate its new mill in the state as an enterprise project under the Texas Enterprise Zone program.

Brazos County Commissioners Court is scheduled to vote May 28 on Escobedo, Mexico-based Prolamsa’s application.

Under the guidelines for the program published by the governor’s office, Prolamsa could get a sales tax and use tax refund of up to $712,500.

To qualify for the program, the mill has to be located in an enterprise zone, which is a "census tract block group that has 20 percent or more poverty rate based upon the most recent decennial census federal poverty level information, a distressed county, a federally designated zone or a renewal community," according to the guidelines.

The $120-million mill is slated to produce 300,000 tons of electric-resistance welded (ERW) energy tubulars annually (amm.com, April 30).

Prolamsa did not respond to a request for comment.


Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.



Latest Pricing Trends