On Friday, Borusan Pipe announced a $68 million investment in the company’s U.S. operations. The company is a part of Borusan Holding, a Turkish conglomerate.
The funding will improve Borusan Pipe’s large-diameter steel pipe production facility in Panama City, Florida. The company’s operations in Florida are managed by U.S. subsidiary Borusan Berg Pipe Holding Corp. Borusan Pipe typically operates as a local manufacturer to strengthen its presence in global markets.
According to the company, the upgrades include cutting-edge pipe-forming technology that will strengthen its position in the U.S. steel pipe market. Operations at the upgraded facility are scheduled to begin in 2027.
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The Panama City facility will integrate advanced technology to shape large-diameter steel pipes through a three-step process—forming flat steel plates into “J,” “C,” and finally “O” shapes. The enhancements will enable the production of smaller-diameter pipes and thicker walls, addressing critical market needs.
The facility will broaden Borusan Pipe’s product range, producing pipes with diameters ranging from 16″ to 60″ and wall thicknesses of up to 2″. According to the company, it will be the only U.S.-based manufacturer using this technology, catering to industries including oil and gas transportation, offshore projects in the Gulf of Mexico, and renewable energy infrastructure such as wind power.
According to Ugur Onbasi, President of Borusan Berg Pipe, the new capabilities will help the company meet changing market demands in the onshore and offshore pipeline sectors.
Borusan Pipe first set up shop in the U.S. about ten years ago with a $150 million investment in Baytown, Texas, establishing its first manufacturing facility. The company acquired Berg Pipe in 2023 for $162 million, which added facilities in Florida and Alabama, and increased its U.S. production capacity to approximately one million tons annually. The company also invested another $50 million in its Baytown operations last year.
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