CSITP is a wholly owned subsidiary of CSI
Concurrently with the start-up announcement, CSI today celebrated its 30-year anniversary in business with an invitation-only tour of the new mill. Cost of the state-of-the art facility, including installation, is more than $100 million. CSITP is a wholly owned subsidiary of CSI, encompassing the company's entire pipe business, including sales and production from its existing No. 1 Pipe Mill and the new No. 2 Pipe Mill facilities.
No. 2 Pipe Mill produced its first pipe on August 25. It will feature API (American Petroleum Institute) grade high-strength line pipe, using induction welding technology. The mill also features full body ultrasonic lamination testing and ultrasonic weld seam inspection.
With the two pipe mills, CSITP now offers finished API pipe sizes of 4.5 inches to 24 inches in diameter and up to 80 feet in length, with wall thickness of 0.156 to 0.75 inches in various high-strength grades. Previously, the Company was limited to 16 inches in diameter, up to 60 foot lengths, and 0.406 inch wall thickness.
Annual production capacity on the new mill is expected to be approximately 400,000 net tons, bringing CSITP's total tubular product capacity to over 600,000 tons. At capacity, the new No. 2 Pipe Mill's additional tonnage is expected to generate approximately 100 new production and logistics jobs.
In addition to its CSITP production, CSI's flat-rolling operations produce hot rolled, cold rolled and galvanized sheet products, with a total rolling capacity approaching 3 million tons.
CSI President and CEO Toshiyuki "Ted" Tamai said CSI is proud to have reached 30 years as a strong and viable steel manufacturer, with no layoffs of regular employees in the Company's history.