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Pipe maker moving Illinois headquarters to Houston
Fuel Fix ^ | August 14, 2012 | Simone Sebastian

Posted on 08/14/2012 7:08:44 AM PDT by thackney

Pipe manufacturer TMK IPSCO will move its corporate headquarters from Illinois to Houston to increase its exposure to the oil and natural gas market, the company has announced.

Currently based in Downers Grove, Ill., TMK IPSCO said it will move most of its headquarters offices to the company’s new research and development center on Houston’s northwest side. The company expects to complete the Houston move by the summer of 2013 and build a new headquarters in the city within the next two years.

“Houston is the hub of the global oil and gas industry. It’s important for the company to be positioned there in order to facilitate relationships with key customers, attract and retain energy-industry talent and demonstrate our commitment to the industry,” said TMK IPSCO Chairman Piotr Galitzine, in a written statement. “Most importantly, this transition will enable us to be a better, more efficient and more service oriented company.”

The company is the U.S. arm of Russia’s largest steel pipe maker, TMK, which counts Exxon Mobil, Shell and other major oil producers among its customers. It manufacturers drill pipe, well casing and other products for the oil and gas industry.

TMK IPSCO has 11 facilities in the United States. In addition to its research and development office on Houston Oaks Drive, the company has three manufacturing plants in Texas.


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Extended News; Front Page News; Government; News/Current Events; US: Illinois; US: Texas
KEYWORDS: energy; manufacturing; pipeline; redstates; unions
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MK IPSCO is one of the largest North American producers of welded and seamless pipe and premium connections dedicated to serving the oil and gas industry and many industrial markets.

http://www.tmk-group.com/ipsco.php

1 posted on 08/14/2012 7:08:46 AM PDT by thackney
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To: thackney

Going South to be in better climes......and better taxes.......and nicer people.............


2 posted on 08/14/2012 7:11:21 AM PDT by Red Badger (Anyone who thinks wisdom comes with age is either too young or too stupid to know the difference....)
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To: thackney

“...will move its corporate headquarters from Illinois to Houston to:

...avoid the mob tax in IL.


3 posted on 08/14/2012 7:12:40 AM PDT by G Larry (Progressives are Regressive because their objectives devolve to the lowest common denominator.)
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To: thackney
It is my hope that the employees moving from Il to my state of Texas are not "Locust" voters.

If you love big government, stay out of Texas!

4 posted on 08/14/2012 7:12:54 AM PDT by lormand (A Government who robs Peter to pay Paul, will always have the support of Paul)
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To: thackney

Getting closer to your customer is a good strategy but getting away from the confiscatory Peoples Social Republic of Illinois is a nice side benefit.


5 posted on 08/14/2012 7:13:34 AM PDT by Proud2BeRight
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To: Red Badger
Going South to be in better climes....

I know you're referring to the economic and business environment in a conservative region like Texas, not the weather. ;)

6 posted on 08/14/2012 7:13:42 AM PDT by fwdude ( You cannot compromise with that which you must defeat.)
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To: lormand

Amen.


7 posted on 08/14/2012 7:14:16 AM PDT by jospehm20
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To: thackney
Another business driven out of Illinois by the high taxes.

You can't fool the Laffer curve.

It gets you every time.

8 posted on 08/14/2012 7:15:17 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: lormand
It is my hope that the employees moving from Il to my state of Texas are not "Locust" voters.

They are.

9 posted on 08/14/2012 7:19:27 AM PDT by Spirochete (Sic transit gloria mundi)
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To: thackney

And the exodus from Chicago Values continues....


10 posted on 08/14/2012 7:21:48 AM PDT by Miss Behave (All ways, always.)
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To: Spirochete; lormand

I suspect executives in a industry dependent upon the oil and gas industry differ from the average Illinois voter


11 posted on 08/14/2012 7:22:09 AM PDT by thackney (life is fragile, handle with prayer)
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To: fwdude

I love the Texas weather. I grew up in Michigan where it was “9 month of winter and 3 months of poor sledding...”


12 posted on 08/14/2012 7:26:09 AM PDT by CMAC51
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To: fwdude

I love the Texas weather. I grew up in Michigan where it was “9 month of winter and 3 months of poor sledding...”


13 posted on 08/14/2012 7:26:18 AM PDT by CMAC51
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To: fwdude; Allegra

Houston has pretty good weather overall, except for the occasional hurricane. I live in the Panhandle of Florida, just up the beach..............Just ask Allegra!.............


14 posted on 08/14/2012 7:26:56 AM PDT by Red Badger (Anyone who thinks wisdom comes with age is either too young or too stupid to know the difference....)
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To: Red Badger
You ain't done never spent a summer in Houston have you?
Hot and the muggiest place I have ever been. Fourth of July in Houston and the entire population looks like they have wet their pants. That said, I would guess their employees would probably have a longer life expectancy in Houston.
15 posted on 08/14/2012 7:27:06 AM PDT by Tupelo (Sara Palin.............my write in vote for 2012)
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To: Tupelo

I’m in Ft. Walton Beach, Florida. Same weather here as there and in New Orleans, Mobile, Pensacola and Panama City. Hot and muggy is a state of mind. Yeah, the humidity is sometimes so thick your glasses fog up every time you walk outside, but that’s just in the summer. Mild winters and moderate climate by the Gulf of Mexico is great as compared to Illinois. I can avoid getting my car stuck in sand. Not as easy in snow...........


16 posted on 08/14/2012 7:31:23 AM PDT by Red Badger (Anyone who thinks wisdom comes with age is either too young or too stupid to know the difference....)
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To: thackney
I suspect executives in a industry dependent upon the oil and gas industry differ from the average Illinois voter

Excuse me, but what's the "average Illinois voter"? Except for three geographical areas in our state, Chicago, Champaign-Urbana and the East St. Louis area, we are mainly conservative and vote that way. So, you're really painting with a broad brush. Illinois politics is so overly influenced by Chicago (including many GOP candidates) we have little chance to overcome their crap.

17 posted on 08/14/2012 7:33:27 AM PDT by bcsco (Bourbon gets better with age...I age better with Bourbon.)
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To: CMAC51
I grew up in Michigan where it was “9 month of winter and 3 months of poor sledding...”

On a tour Bus through Denali National Park in Alaska, the driver said:

"In this area, we do get all four season. Winter is the predominate season. The other three are known locally as June, July and August."

18 posted on 08/14/2012 7:33:55 AM PDT by thackney (life is fragile, handle with prayer)
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To: bcsco
Excuse me, but what's the "average Illinois voter"?

One that elects the predominant members of your state government.

19 posted on 08/14/2012 7:35:38 AM PDT by thackney (life is fragile, handle with prayer)
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To: E. Pluribus Unum
You can't fool the Laffer curve.

Sure can't, but hey ... Gov. Pat Quinn (D. IL) doesn't understand the Laffer curve anyway. When questioned about it recently, he said "What's the Laffer curve?"

20 posted on 08/14/2012 7:36:16 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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