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    Atlas Tube, Maruichi USA cease joint venture discussions

    Written by Laura Miller


    Talks of a potential joint venture between Atlas Tube and Maruichi USA have ended.

    Last month, the two tubing manufacturers announced they were exploring a joint venture that would combine their operations under Atlas Tube’s management.

    Zekelman Industries, parent company of Atlas, said on July 7 those talks had ceased.

    “Those discussions have now ended, and no joint venture will be pursued at this time,” said a statement from Zekelman. “No further information will be provided.”

    Zekelman is the largest independent pipe and tube producer in North America.

    Maruichi USA is a steel pipe and tube manufacturer with six locations in the US and Mexico.

    Barry Zekelman, executive chairman and CEO of Zekelman Industries, will join SMU for a free Community Chat webinar next Wednesday, July 15. Please join us! You can register here.

    Laura Miller

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