U.S. Steel announces pipe-threading joint venture with Texas firm
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.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Shell shovels $30M into proposed Beaver County plant site
- Of Caitlyn Jenner and workplace restrooms
- Extended oil slump takes toll
- Off-duty but on call: Suits seek overtime
- Tech Q&A: Why you should test your router
- Bond funds hold onto cash
- When it comes to home ownership, Hispanics finding locked doors
- Companies hand out perks, benefits instead of pay raises
- Muni bond funds stressed
- $2-per-gallon gas expected by year’s end, but not in Western Pa.
- Small business hangs on fate of Export-Import Bank