Aug. 17, 2016

SPS Acquires Tubular USA

Steel company SPS will acquire Tubular USA, St. Louis. Tubular USA is one of the nation’s largest suppliers of in-line galvanized pipe and tubing. “We are proud to add Tubular USA to the SPS family of companies,” says Matt Crocker, CEO of SPS. “We are grateful that the Meiners family considers SPS as worthy successors to the ownership of the business they dedicated so much time and energy building. We look forward to continuing the Tubular USA tradition of offering outstanding quality and service.”

Mark and Carl Meiners, who have built Tubular USA since its founding in 1993, will continue to manage the company and retain their current positions.

“This new association with SPS will allow Tubular USA to continue our growth, with a primary mission of continuing to serve our customers’ needs for galvanized pipe and tubing, including our impressive history of fabricating and specializing in corrosive market applications,” states a release from the Meiners. “Our customers will see a seamless transition with the same sales contacts and the same commitment to quality products and services they have grown to trust.”

SPS, headquartered in Manhattan, Kan., offers steel distribution and flat-rolled steel processing, as well as pipe and tube manufacturing, through several different business units. It operates in the marketplace as Steel and Pipe Supply, Steel & Pipe Supply de Mexico, EXLTUBE, Storage & Processors, a Houston-based flat-rolled steel processing and storage company, and SPS Metallurgical Laboratories, which performs testing on steel for the metals industry.


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Tuesday, October 17, 2017