Maruichi Stainless Tube Texas Corporation will build its 125,000-square-foot state-of-the-art manufacturing facility in Seguin, TX. The company expects to break ground on the project early next year, with operations commencing by the first quarter of 2024. The project will represent a total capital investment of $75 million and will result in the creation of at least 106 new jobs over a two year ramp-up period.
“Maruichi is very excited to expand our manufacturing operations in Seguin, Texas,” said Takashi Onishi, President for Maruichi Stainless Tube Co., LTD. “Strategic location, access to a skilled workforce, and the partnership and genuine support we’ve received from the SEDC Board of Directors, the Seguin City Council, and City Staff helped solidify Maruichi’s decision to locate this project in Seguin. We look forward to contributing to the betterment of the city’s economy and becoming the newest member of the business community.”
Maruichi Stainless Tube Texas Corporation is a subsidiary of Japan-based Maruichi Stainless Tube Co., LTD. a group company of Maruichi Steel Tube Co, Ltd. The company produces high-quality seamless, stainless steel pipes and tubes fabricated through the hot extrusion process and cold drawing process. These products are used in power plants, the chemical industry, the semiconductor industry, hydrogen gas stations, the automotive industry and for structural machinery.
Maruichi Stainless Tube Texas Corporation’s future Seguin facility will produce seamless stainless steel precision tube to support customers in the semiconductor industry. The demand for stainless steel precision Bright Annealed (BA) tubes used for semiconductor manufacturing is significantly increasing, due to global increase in semiconductor demand. The Seguin facility will help Maruichi further meet demand in the U.S. from multiple construction projects for large-scale semiconductor manufacturing plants.
Courtesy of Maruichi Stainless.