Metal Industry News

Borusan Investing in Florida

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Borusan Pipe will invest $68 million to enhance its large-diameter steel pipe production facility at its Panama City, Fla., location.  The upgrade will introduce new pipe-forming technology to elevate Borusan Pipe’s manufacturing capabilities and further strengthen its position in the U.S. steel pipe market, the company claimed.

This investment aligns with Borusan Pipe’s strategy to make a greater impact in global markets by functioning as a local manufacturer. The Panama City facility will utilize technology to shape large-diameter steel pipes through an efficient three-step process – transforming flat steel plates into ‘J,’ ‘C’ and ‘O’ shapes. These advancements allow for the production of pipes with smaller diameters and thicker walls, fulfilling rigorous global standards and addressing essential market demands.

The revamped facility will expand Borusan Pipe’s offerings, enabling the production of pipes with diameters ranging from 16 inches to 60 inches and wall thicknesses up to 2 inches. It will be the only manufacturer in this technology sector based in the U.S., catering to diverse industries such as oil and gas, transportation, offshore projects and renewable energy ventures such as wind power. This pivotal technology investment marks a milestone in Borusan Pipe’s efforts to broaden its footprint and influence within the American market.

“A decade ago, we entered with a clear vision and ambitious objectives. Today, we are recognized as a strong local player with determined operations and a dedicated team. The enhancements to our Panama City facility will broaden our portfolio while solidifying our stance in both traditional and renewable energy infrastructure projects,” said Zafer Atabey, CEO of Borusan Pipe.

“This investment will significantly enhance our ability to meet evolving market demands across both the onshore and offshore pipeline sectors. Furthermore, it strengthens our capacity to support high-growth areas, including renewable energy projects, as we commit to innovation and sustainability,” said Ugur Onbasi, president of Borusan Berg Pipe.