Company Research Report: PTC
Company Overview
- Name: PTC
- Mission: To be the preferred integrated source for metal tubular, bar, and complementary product solutions to leading global industrial partners.
- Founded: PTC started as the Pittsburgh Tube Company.
- Founder: John P. Gangwisch purchased the small mill next to his plant in Monaca, Pennsylvania, forming the basis of PTC.
- Key People: No specific information available.
- Headquarters: Copperleaf Corporate Centre, 6051 Wallace Road Ext. Suite 200, Wexford, PA 15090.
- Number of Employees: PTC Alliance is estimated to employ approximately 8,000 American workers through various facilities.
- Revenue: No information is available.
- Known For: PTC is known for its industry-leading manufacture of steel tube, pipe, and bar products tailored to a wide range of industries including manufacturing and OCTG.
Products
Industrial Products
- DOM (Drawn Over Mandrel) Tubing:
- Description: High-quality tubing delivering superior surface, precision, and strength.
- Key Features: Ideal for hydraulic cylinders and motor housings.
- ERW (Electrical Resistance Welded) Tubing:
- Description: Premium versatile, cost-effective tubing suitable for diverse applications such as agriculture, auto, and construction.
- Key Features: Wide size and grade range.
- Hydraulic Line Tubing:
- Description: High performance tubing, available in as-welded normalized, cold-drawn, and final stress-relieved options.
- Boiler Tubing:
- Description: Superior welded boiler tubes meeting ASTM/ASME standards.
- Key Features: Precise tolerances and finishes.
- CDS (Cold Drawn Seamless):
- Description: Tubing offering high strength, precision, and machinability.
- Key Features: Perfect for hydraulic cylinders and heavy equipment.
- A-106 Pressure Pipe:
- Description: Precisely sized through Hot Stretch Reducing process.
- Chrome-Plated Products:
- Description: Offers durability, precision, and superior corrosion resistance.
- Shapes and Finishing & Fabrication Services:
- Description: Customization in diverse shapes for specialized applications.
OCTG / Energy Products
- ERW Casings:
- Description: High-grade pipes with advanced NDT, uniform thickness, and robust performance produced in Liberty, Texas.
- API and Semi-Premium Threading:
- Description: Superior threading with advanced machinery, meeting API standards.
Recent Developments
- New Products/Technologies:
- Installation of state-of-the-art UV coating systems at the Liberty, Texas plant to reduce VOC emissions.
- Partnerships and Associations:
- Member of the U.S. OCTG Manufacturers Association (USOMA) with goals to strengthen U.S. domestic OCTG production capacity and policy influence against foreign imports.
Certification and Quality Assurance
- Certifications:
- The company maintains ISO 9001, IATF 16949, and API 5L, and 5CT certifications ensuring superior quality and compliance with industry standards.
- Quality Management:
- Robust systems to ensure customer satisfaction through quality consistency, emphasizing continual improvement.
Sustainability and Social Responsibility
- Environmental Commitments:
- Focus on reducing greenhouse gas emissions, waste minimization, and energy conservation.
- Development of a corporate Sustainability Committee in 2023.
- Social Impact:
- Engagement in community-supported activities and a corporate Scholarship Program.
History
- PTC's transformation from Pittsburgh Tube Company to a leading steel supplier highlights continuous innovation and expansion over its 100-year history.
- Significant infrastructure expansions and acquisitions were carried out over the decades to enhance production capabilities.
This report collects available data points and organizes them into a comprehensive overview of PTC, focusing on its products, recent developments, and overall company trajectory without extra commentary outside of the documented facts presented.