TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

U.S. Steel announces pipe-threading joint venture with Texas firm

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

X $21.37 -$0.19

at close on MONDAY

Daily Photo Galleries

Monday, Dec. 3, 2012, 10:12 a.m.
 

U.S. Steel Corp.'s tubular products division said Monday it entered an agreement for a joint venture with a Texas firm to provide services to the energy industry in the Permian Basin, and oil- and natural gas producing region in Texas and New Mexico.

The joint venture with Butch Gilliam Enterprises LLC of Midland, Texas, is called Patriot Premium Threading Services and has operations in Midland, the heart of the basin, U.S. Steel said.

The news comes three days after Downtown-based U.S. Steel announced it is laying off 142 workers.

The new Patriot facility will thread U.S. Steel's tubular products and provide accessories, repair and other services.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. GNC to expand testing of supplements in settlement with NY
  2. Stafford: Hirers bemoan wasted time with some applicants
  3. If you get this letter from the IRS, it’s legitimate
  4. Tourists rush to visit Cuba before American influence felt
  5. Venting online about job protected
  6. Home appraisal is below sales price — now what?
  7. Federal Trade Commission cracks down on crooked vehicle sales
  8. Increased credit card use reflects confidence, flat wages
  9. Farmers fund research on gluten-free wheat
  10. Loss of Costco staggers credit card giant
  11. Corporate missteps hurt reputations, profits, sometimes in long run