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Zekelman Files for IPO

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Zekelman Industries has filed for an Initial Public Offering with the Security and Exchange Commission. The Chicago-based tube company will offer shares of its Class A subordinate voting stock to potential shareholders.

Zekelman Industries operates several major players in the pipe and tube market, including Wheatland Tube, Atlas Tube, Sharon Tube, plus Picoma and Z Modular. The company has been on an aggressive growth path over the past several years, since its renaming from JMC Steel Group to Zekelman Industries.