The Phillips Tube Group announces it has acquired the assets of American Metal Technology of Alabama

By: Shelby Welded Tube
 
MIDDLETOWN, Ohio - Jan. 25, 2016 - PRLog -- The Phillips Tube Group, industry leaders in the manufacturer of high quality, welded steel tubing, announced today that it has purchased the assets of Amtech (American Metal Technology, Inc.) located in Pell City, AL, . This acquisition gives Phillips Tube Group (PTG) expanded capabilities in small diameter stainless tube as well as value added capabilities. The new Company is named Phillips Tube Group of Alabama (PTG-AL).

Amtech has been a long term supplier of small diameter specialty Stainless products and carbon and stainless tube fabricated components to the automotive and HVAC industries. Now known as PTG-AL, the company will continue its current production and focus its growth on supporting services to the other PTG facilities and filling up capacity in carbon and stainless tube.

Prior to this acquisition, The Phillips Tube Group comprised of Shelby Welded Tube, in Shelby, Ohio, and Middletown Tube Works, in Middletown, Ohio, as well as ancillary Trucking and Equipment companies. PTG’s growth since 2009 has been exceptional, boasting record production during years where most of the industry was declining. Phillips Tube Group is led by Angela Phillips, who took over as President and CEO of the Companies after the passing of her father Ralph Phillips in 2009. She states, “This acquisition gives PTG a strong presence in the automotive “hot-bed” region of Central Alabama. At PTG, we look forward to bringing our combined expertise to the automotive suppliers located in this growing southern region.” Both Shelby Welded Tube and Middletown Tube Works, Inc. are certified WBENC woman-owned businesses. PTG-AL will also apply for the WBENC certification.

Contact
Shelby Welded Tube a division of
Phillips Tube Group - Tim Kleman
***@shelbytube.com
End
Source:Shelby Welded Tube
Email:***@shelbytube.com
Tags:Automotive, Tube Manufacturer
Industry:Manufacturing
Location:Middletown - Ohio - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse



Like PRLog?
9K2K1K
Click to Share