Jindal Tubular USA LLC, which is a subsidiary of Jindal SAW, has acquired PSL North America for approximately USD $104 million in hopes to better service the American market.
PSL, located in Bay St. Louis, Mississippi, is a manufacturer of large diameter, high-pressure steel pipe. The company uses state-of-the-art helical submerged arc welding (HSAW) technology and its manufacturing and coating plant is one of the most modern and technologically advanced in the world. The plant is able to produce over 375,000 tons of pipe per year with diameters ranging from 18” to 120” and lengths up to 80’. The majority of the pipes produced are used for natural gas, petroleum and water transmission lines and construction pilings.