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.

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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.