News Article

FlexSteel's Baytown manufacturing facility

FlexSteel Opens New Manufacturing Facility in Baytown, TX, Increasing Production Capacity by 300%



BAYTOWN, TX, April 19, 2012 — FlexSteel Pipeline Technologies (FlexSteel) is proud to announce the opening of their 280,000 sq ft manufacturing facility located in Baytown, Texas. The facility will increase FlexSteel’s capacity by 300% to support the growing demand for their product and further meet the needs of existing customers. The new facility boasts state-of-the-art technology and equipment as well as an extensive research and development lab which will enhance existing testing methods while paving the way for the future of FlexSteel to be born.

The Baytown facility’s most valuable characteristic is that it is equipped to manufacture FlexSteel’s new 8” diameter pipe, expected to reach markets in Q4 2012. The 8” product launch will be the largest diameter reinforced flexible pipe available in the onshore oil and gas industry and deliver supreme value to existing and prospective customers. The 8” product is also expected to dramatically increase FlexSteel market share overall. The FlexSteel Baytown facility will also create 130 new jobs in the Baytown area by 2014. “We at FlexSteel Pipeline Technologies are excited about expanding our manufacturing facilities into the great state of Texas,” CEO Jeff Shorter said. The Ameriport Industrial Park location is ideal for FlexSteel Pipeline Technologies, as it is located near Interstate-10 and the Port of Houston, and has on site rail service and other amenities. We are confident that Baytown’s history of hard-working people will help us greatly expand our capacity and responsibly deliver the next generation of steel line pipe. The grand opening of this facility is a testament to the growth of the business and is only the second manufacturing facility with plans for many more to come.”

FlexSteel’s unique, spooled pipeline solution provides the cost and installation benefits of a spooled pipe while delivering the strength and durability of steel. Its highly corrosion-resistant technology was developed with more than 30 years experience in demanding, offshore environments. The anti-corrosive properties coupled with the durability of steel offers a safe, reliable and environmentally friendly solution for the transport of oil, gas and other fluids such as frac water. It is truly the next generation of line pipe, and is now offered in diameter unrivaled by other spooled pipe solutions.

About FlexSteel Pipeline Technologies, Inc. FlexSteel is a revolutionary spooled pipe solution that couples the durability of steel with the installation, performance and cost benefits of spoolable pipe products. The highly corrosion-resistant technology was developed from more than 30 years of experience in demanding offshore environments. With unmatched structural integrity, FlexSteel continues to perform to original design specifications and does not need to be de-rated over time. Durable by design, it is the only flexible pipe that can be laid directly in rough terrain without the need for specialty bedding materials, and without affecting reliability. It will not weaken in the presence of water and stands up to cyclic loading environments. For more information, please visit www.flexsteelpipe.com.