Sandvik Materials Technology acquires remaining 30% of Pennsylvania Extruded Tube Company

Sandvik Materials Technology acquired the remaining 30% stake in Pennsylvania Extruded Tube Company (PEXCO) from Nippon Steel Extruded Tube, taking full ownership of the Clarks Summit, Pennsylvania extruded steel tube plant.

“This allows for future investments to fully support our strategic priorities, and I am very pleased that we continue to execute on our profitable growth strategy.”scrantonchamber.com

• 1 source
• scrantonchamber.comSandvik Materials Technology Acquires Pennsylvania Extruded Tube Company - The Greater Scranton Chamberrbuchanan@scrantonchamber.comMay 19, 2022

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