NEW YORK IT-TRI
LLC, an affiliate of Independence Tube Corp., will invest $68
million to build a tubing and pipe manufacturing plant in
Lawrence County, Ala., which market sources said will likely
focus on the pipe market.
"Their intention with
the new facility is for a pressure (pipe) product. They will
probably start with A53 pipe," a Midwest distributor said,
adding that Chicago-based Independence Tube might look to make
energy tubulars at the facility.
didnt respond to requests for comment.
IT-TRI expects to
break ground this fall and begin operations by the end of 2014,
Rick Werner, president of both IT-TRI and Independence Tube,
"Having two raw
material suppliers in Alabama, Nucor (Corp.) in Decatur and
U.S. Steel (Corp.) in Birmingham, and due to the growing
Southern demand for pipe, the company began looking at sites in
the southeast United States for this new plant," Werner said in
The company expects to
create 100 jobs before 2016.