The pipeline construction and service business of North America Pipeline Inc. has been acquired by an operating subsidiary of Macro Enterprises Inc. for $16,250,000
WTC Investments Inc. (a member of the Welded Tube of Canada Group of Companies), through a wholly owned subsidiary, has purchased a 50% interest in The Ingersoll Tillage Group.
Welded Tube of Canada has successfully obtained financing for the construction of a new $60 million heat treating and finishing facility to produce alloy OCTG tubular products.