NEW YORK Mexicos Prolamsa Group has broken ground on its new energy tubulars mill, Axis Pipe &Tube Inc., in Bryan, Texas, the company said Aug. 22.
The 300,000-ton-per-year facility is now expected to cost over $150 million, according to the company, up from previous estimates of around $120 million (amm.com, Apr. 30)
"With the groundbreaking today, were on schedule to complete construction on the major buildings by the end of the fourth quarter and to begin operation in mid-2014," a company spokesman said in a statement.
The mill will make electric-resistant weld (ERW) energy tubulars measuring up to 16 inches in diameter with up to 0.625-inch wall thicknesses in a "wide range" of API grades.
The plant will also be equipped with a slitting line, mill, finishing floor and heat-treatment facilities.
Axis Pipe and Tube is joining with Tubular Synergy Group (TSG), an Addison, Texas-based sales, marketing and supply chain services provider of oil country tubular goods (OCTG) and line pipe, to manage sales from the new facility, according to the statement.
The plant is expected to employ over 285 people at full capacity.