PTC Liberty Tubulars

What PTC Liberty Tubulars does

PTC, operating through its legal entity PTC Alliance LLC (DBA "PTC" and "PTC Steel") and its OCTG-focused subsidiary PTC Liberty Tubulars, is a U.S. manufacturer of steel tube, pipe, and bar products founded in 1924 as Pittsburgh Tube Company in Monaca, Pennsylvania. The company operates 13 manufacturing facilities across six U.S. states (Ohio, Pennsylvania, Illinois, Minnesota, Missouri, Texas) plus an international sales entity in Chesterfield, United Kingdom, and employs more than 1,150 people. PTC serves industrial manufacturers across automotive, agriculture, construction, appliance, recreation, distribution, and oil-and-gas energy sectors, producing components such as hydraulic cylinder tubing, automotive axles and fuel rails, and downhole OCTG casing.

PTC's core manufacturing capabilities span four primary processes: Electrical Resistance Welding (ERW), Drawn Over Mandrel (DOM), Cold Drawn Seamless (CDS), and Hot Stretch Reducing (HSRM). The company operates 14 weld mills and 25 draw benches across six production locations, including two HSRM mills that produce D/t ratios unavailable on standard ERW mills. Quality systems include a 128-channel phased array ultrasonic inspection system for 100% NDT coverage of heat-treated OCTG products, API 5CT/API 5L threading lines using PMC and Mori Seiki machines, and certifications including IATF 16949 (five automotive plants), ISO 9001 (all sites), and EU/UK PED pressure equipment directives. The OCTG segment operates from Liberty, Texas, producing 4.5"-9.625" OD ERW casings in J, L, and P grades for oil and gas exploration and production customers.

PTC's revenue model is hardware sales with custom quote-based pricing, supplemented by value-added finishing and fabrication services such as cutting, welding, forming, boring, centerless grinding, and machining. The go-to-market is sales-led enterprise field sales with dedicated sales, customer service, product development, and quality teams working directly with customers; the Diginable customer portal supports post-sale order management. Products are sold directly to industrial OEMs and through distribution centers servicing the Americas. PTC is a privately held company with no disclosed parent, institutional investment, or public market presence; it is led by CEO Cary Hart. The company is a founding member of USOMA (U.S. OCTG Manufacturers Association), whose seven member companies collectively represent approximately 75% of domestic OCTG production across 20 facilities in 10 states employing nearly 8,000 American workers.

Name

PTC Liberty Tubulars

Legal name

PTC Alliance LLC

Website

https://ptcsteel.com

Company type

Private

Founded year

1924

Operating status

Operating

Headcount range

11–50 employees

Short description

PTC is a U.S. steel tube, pipe, and bar manufacturer founded in 1924, operating 13 plants across six states with 1,150+ employees. It serves automotive, construction, OCTG/energy, agriculture, appliance, and recreation OEMs via ERW, DOM, CDS, and hot stretch reducing processes.

Ownership category

akta.pro rank

Headquarters

HQ city

Wexford

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Steel Tubing Products: Sale of premium steel tube, pipe, and bar products including ERW, DOM, CDSM, hydraulic line tubing, boiler tubing, and chrome-plated products for industrial manufacturing applications.
2. OCTG Products: Sale of Oil Country Tubular Goods including ERW casings with API and semi-premium threading for oil, gas, and energy industries.
3. Value-Added Finishing Services: Additional revenue from finishing and fabrication services including cutting, welding, forming, boring, centerless grinding, flanging, and machining operations.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

PTC manufactures and sells premium steel tube, pipe, and bar products using ERW (Electrical Resistance Welding), DOM (Drawn Over Mandrel), and CDS (Cold Drawn Seamless) processes, along with chrome-plated and value-added fabricated products. The company also produces API 5CT- and API 5L-certified Oil Country Tubular Goods (OCTG) at its Liberty, Texas facility, including ERW casings, phased array ultrasonic inspection, and API/semi-premium threading services. PTC serves industrial OEMs in automotive, agriculture, construction, appliance, and recreation markets as well as oil and gas customers.

Product overview

PTC is a comprehensive steel tube, pipe, and bar products manufacturer offering both Industrial Products and OCTG/Energy Products. The Industrial Products portfolio includes DOM tubing, ERW tubing, Cold Drawn Seamless (CDS), Hydraulic Line Tubing, Boiler Tubing, A-106 Pressure Pipe, A53B Standard Pipe, Chrome-Plated Products, Shapes, and Finishing & Fabrication Services. The OCTG/Energy segment covers ERW Casings manufactured in Liberty, Texas, Phased Array Ultrasonic Inspection services, and API/Semi-Premium Threading. The company operates 13 manufacturing locations across the U.S. and serves diverse industries including automotive (IATF 16949 certified), agriculture, construction, appliance, recreation, and oil/gas energy sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Drawn Over Mandrel (DOM) Tubing Premium DOM tubing manufactured from ERW hollow tubing further processed by cold drawing through dies and over mandrels, providing superior surface finish, precision, and strength for hydraulic cylinders, motor housings, and other mechanical applications.
• Electrical Resistance Welded (ERW) Tubing Versatile, cost-effective ERW tubing produced across 14 weld mills at 6 locations for agriculture, automotive, appliance, construction, recreation, and heavy truck manufacturing, with a wide size and grade range.
• Cold Drawn Seamless (CDS) Tubing High-strength precision CDS tubing with superior dimensional tolerances, surface finish, and machinability for hydraulic cylinders and heavy equipment applications.
• Hydraulic Line Tubing Premium hydraulic fluid line tubing with advanced chemistries and casting practices providing uniform grain size, excellent concentricity, and outstanding ductility and formability; available as as-welded normalized, cold-drawn and final stress-relieved, sub-critical, or normalized.
• Boiler Tubing High-quality welded boiler and heat exchanger tubing meeting ASTM/ASME SA 178 standards with precise tolerances and finishes for optimal steam conversion performance.
• A-106 Pressure Pipe Pressure pipe produced using Hot Stretch Reducing process for precise size control and enhanced properties while maintaining ductility and elasticity.
• A53B Standard Pipe ERW standard pipe enhanced through Hot Stretch Reducing process with excellent size and property control; melted and manufactured in the USA.
• Chrome-Plated Products Chrome-plated tubing and bar products with machined components offering durability, precision, superior corrosion resistance, and optional induction hardening; produced at the Hannibal, Missouri (Enduro) facility.
• Custom Shapes (Squares, Rectangles, Ovals) Customized ERW, DOM, and CDS products in squares, rectangles, ovals, and complex shapes for specialized industrial applications.
• Finishing and Fabrication Services Comprehensive value-added operations including cutting, welding, forming, boring, centerless grinding, flange welding, gun drilling, notching, press forming, skiving, swaging, and threading, plus inventory management.
• ERW Casings for OCTG Premium ERW pipe for oil, gas, and energy industries manufactured in Liberty, Texas with API 5CT and API 5L certifications. Features 4.5 to 9.625 inch OD in J, L, and P grades with advanced NDT, uniform wall thickness, and robust collapse performance.
• Phased Array Ultrasonic Inspection Inspection service using a superior 128-channel phased array ultrasonic system for 100% inspection of heat-treated OCTG products, with programmable beam steering, multiple flaw gates, 963 inspection probes, and complete traceability.
• API and Semi-Premium Threading Threading service producing a complete range of semi-premium and API-certified threads including buttress thread casing (BC), long round thread casing (LC), and short round thread casing (SC), using high-speed PMC threaders and Mori Seiki threading machines conforming to API 5B specifications.

Quantifiable outcome

• PTC's tolerances are set at one-half of API requirements
• +5 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

One partnership is on record.

• U.S. OCTG Manufacturers Association (USOMA)coreStrategic or Co-development Partner · 1 November 2023PTC Liberty Tubulars is a founding member of USOMA, a Washington D.C.-based trade association promoting the interests of U.S. OCTG manufacturers. USOMA members include Tenaris USA, Vallourec Star LP, Borusan Pipe US, PTC Liberty Tubulars, Welded Tube US, Axis Pipe and Tube, and BENTELER Steel and Tube. These seven companies have 20 facilities in 10 states and employ almost 8,000 American workers, representing approximately 75% of U.S. OCTG production.

Scale indicators9 records

Recent moves16 records

Expansion highlights6 records

Direct peers

• Tenaris: Global seamless and welded steel pipe manufacturer with major U.S. operations and OCTG focus. Fellow USOMA founding member alongside PTC Liberty, with overlapping API-certified casing and tubing product lines for oil & gas and industrial customers.
• BENTELER Steel/Tube: Global steel tube manufacturer with significant U.S. operations serving automotive, OCTG, and industrial markets. USOMA member; comparable in product breadth, automotive certifications, and OCTG capability.
• Axis Pipe and Tube: U.S. ERW steel pipe and OCTG manufacturer. USOMA member; direct overlap with PTC Liberty's Liberty, Texas ERW OCTG casings business.
• Vallourec: Vallourec Star LP is a major U.S. producer of seamless OCTG and line pipe. USOMA founding member; competes with PTC Liberty in API 5CT casing and threading for the U.S. drilling market.
• Webco Industries: U.S. manufacturer of carbon and stainless steel tubing including DOM, ERW, and welded products for industrial, automotive, and OCTG applications. Comparable product mix and customer base to PTC.
• Zekelman Industries (Wheatland Tube): North America's largest independent steel pipe and tube manufacturer, producing ERW, DOM, and standard pipe products. Competes with PTC across construction, plumbing, mechanical, and industrial customers.
• Welded Tube USA: Producer of ERW steel tubing and OCTG. Fellow USOMA member; overlaps with PTC's ERW product lines and competes on hot-rolled steel tubing for industrial and energy customers.
• Searing Industries: U.S. manufacturer of steel pipe and tubing including ERW products. Overlaps with PTC in ERW tubing, standard pipe, and value-added services for industrial and energy customers.
• Borusan Pipe US: U.S. OCTG and line pipe manufacturer with ERW capabilities. Fellow USOMA founding member competing directly with PTC Liberty on API-grade casings for oil and gas customers.

Broad incumbents

• Nucor Corporation: Largest U.S. steel producer with a tubular products division producing ERW and HSS structural tubing. Supplies raw steel inputs that feed PTC's ERW mills while also competing in downstream pipe/tube markets — relevant incumbent benchmark.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ptc-liberty-tubulars

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PTC Liberty Tubulars