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PTC Alliance Ups Shipments of Tubular Components

PTC Alliance Ups Shipments of Tubular Components

Wednesday, June 25, 2003
 
PTC Alliance, Moon Township, PA, a producer of tubular components, announced an increase in shipments for the first quarter of 2003, in contrast to general performance within the industry, according to company officials. “Tube and tubular component shipments in the first quarter rose 2.5 percent over the same period last year,” said Peter Whiting, PTC Alliance president and CEO. “This positive performance occurred despite a slow start to the year caused by such factors as high steel prices, high energy costs and delayed price increases.” In addition, company sales and profits for March and April reportedly have improved significantly over last year’s numbers. To continue its upward surge, the company has undertaken a number of key initiatives including the reopening of a cold-draw plant in Hopkinsville, KY. For more, visit www.ptcalliance.com.

 

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