Michigan Seamless Tube and Wheatland Tube Company Form Strategic Partnership

South Lyon, Michigan (June 25TH, 2013) – Michigan Seamless Tube (“MST”), a leading manufacturer of high-quality carbon and alloy seamless cold-drawn pipe and tube, has partnered with Wheatland Tube Company (“Wheatland Tube”) to provide high quality A106 seamless pipe (sizes ½” through 4”) to the North American steel market.

“This partnership is beneficial to both companies and more importantly provides our collective customers with an added layer of value and convenience,” said Ted Fairley, Vice President of Sales & Marketing at MST. “Together we will continue to serve our combined customer base with the same high quality service and product that is synonymous with both businesses.”

Under the terms of the agreement, MST has agreed to market its A106 seamless pipe exclusively through Wheatland Tube. Accordingly, MST will be Wheatland Tube’s sole provider of A106 seamless pipe. This strategic arrangement allows customers to take advantage of the increased efficiency and synergies stemming from the companies’ consolidated sales network in the U.S. and Canada.

“This agreement brings together two great companies who were determined to better service the market,” said Randy Boswell, Vice President of Sales for Wheatland Tube. “It also allows Wheatland Tube and Michigan Seamless to build on a strong heritage of producing products that are Made in the U.S.A. while continuing to create jobs for Americans.”

About Michigan Seamless Tube

Founded in 1927 and headquartered in South Lyon, MI, Michigan Seamless Tube (MST) has grown to become a leading manufacturer of high-quality carbon and alloy seamless cold-drawn pipe and tube for a variety of different industries including aerospace, mining, construction, automotive and agriculture. The company’s modernized 320,000 square foot facility is capable of producing in excess of 40,000 tons of pipe and tube annually. Because of its size, advanced equipment and experienced workforce, MST is able to quickly process highly specialized orders – large or small – that meet clients’ exact specifications. The company’s unparalleled flexibility, rigorous testing requirements, competitive pricing and logistical capabilities have allowed it to become the nation’s premier global supplier of cold-drawn carbon, alloy and high chrome mechanical and pressure tubing and piping. MST is a wholly-owned subsidiary of Miami-based Optima Specialty Steel, Inc. For more information, please visit: www.mstube.com.

Media Contacts:

ICR for Optima Specialty Steel
Jason Chudoba, 646-277-1249
Jason.Chudoba@icrinc.com