Expected Date for Next Earnings Release: May 26, 2020
WEBCO INDUSTRIES, INC. is a specialty manufacturer of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications.The Company is headquartered in Sand Springs, Oklahoma. Webco Industries, Inc., founded in 1969 and public since February 1994, is a manufacturer and value-added distributor of high-quality carbon steel, stainless steel and other metal tubing products designed to industry and customer specifications.Webco's tubing products consist primarily of pressure tubing, including heat exchanger and boiler tubing, and specialty tubing for use in consumer durable and capital goods. Webco's long-term strategy involves the pursuit of niche markets within the metal tubing industry through the deployment of leading-edge manufacturing and information technology.Webco has six production facilities in Oklahoma and Pennsylvania and five distribution/value-added facilities in Oklahoma, Texas, Illinois, and Michigan, serving customers globally. Webco produces tubing for a wide variety of markets and end-use applications.A detailed description of the Company's tubing products follows:
Specialty Tubing: Specialty tubing consists of metal tubular goods made of carbon and stainless steel, copper, brass, aluminum, and surgical steel. Through its manufacturing capabilities and its sourcing partners, the Company provides tubing to a variety of end use applications. These end uses include, but are not limited to the following: instruments for the petrochemical industry, hydraulic cylinders, automotive components, appliances, oil and gas applications, heating and ventilation, farm equipment, and a wide variety of consumer durable (such as bicycles and lawn and garden equipment) and capital goods.
Pressure Tubing: The Company is a full service manufacturer and distributor of metal pressure tubing and pipe, which includes tubing utilized in heat exchanger, boiler and piping applications. The Company supplies a variety of pressure tubing and pipe products to the refining, petrochemical, chemical, pulp and paper, pharmaceutical, gas transmission, and electric power industries. Through its manufacturing and distribution facilities in Oklahoma, Pennsylvania and Texas, and sourcing partners, the Company can offer carbon steel, alloy steel, stainless steel, nonferrous, brass, copper, and other metal tubular products to these industries. Such products may be welded or seamless and may be cut, bent and/or finned to customer specifications at the distribution warehouses. The Company believes that its manufacturing capabilities, in both carbon, alloy and stainless steel, provide a strategic advantage over its distribution competitors.The Company also believes that its distribution capabilities provide a strategic advantage over its manufacturing competitors. The Company's common stock is traded on the Pink Sheets under the symbol WEBC. If you would like to receive a copy of our press releases please fill out our Request Form.