T&B Tube Co., Inc. has been acquired by American Consolidated Industries, Inc., supported by Prairie Capital Advisors as financial advisor to T&B Tube.

Information on the Target

T&B Tube Co., Inc. ("T&B Tube" or the "Company"), headquartered in Gary, Indiana, has been a reputable manufacturer of high-quality welded steel tubing since its inception in 1982. This family-owned business emphasizes integrity and long-term relationships, focusing on building mutually beneficial connections with its clients. Equipped with modern manufacturing technology and strategically located near major steel mills and highways, T&B Tube is adept at delivering top-quality products tailored to the specifications of a diverse clientele, including original equipment manufacturers (OEMs), steel fabricators, and service centers. The Company operates a range of facilities featuring tube mills, high-speed recut machines, and precision tube lasers, offering a broad selection of steel products.

Industry Overview in the Target’s Specific Country

The welded steel tubing industry in the United States has demonstrated resilience and potential for growth, bolstered by increasing demand across various sectors such as construction, automotive, and manufacturing. Strengthened infrastructure investment and advancements in technologies are expected to propel market expansion. Companies in this sector are focusing on optimizing production processes and enhancing product quality to stay competitive.

Moreover, the U.S. steel industry is witnessing a shift towards sustainability and innovation, with manufacturers exploring environmentally friendly practices and cutting-