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

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. Kennametal plans plant closings, job cuts in fallout from oil and gas decline
  2. BNY Mellon expands  role for treasury exec
  3. BNY Mellon is putting iconic Citizens Bank Tower up for sale
  4. Almost half of households exhaust their income
  5. Fight to lift crude export ban grows
  6. Credit card privacy a myth, study shows
  7. Traders in oil playing risky game
  8. MSA Safety products in demand to protect workers in dangerous jobs
  9. Wolf signs ban on new drilling beneath state land
  10. Alibaba finally called out on counterfeits
  11. McDonald’s works to recapture golden status