Target Company
Independence Tube Corporation
Nucor Corporation (NYSE: NUE)

Client Description:

Independence Tube Corporation is a leading manufacturer of hollow steel tubing used in a broad array of structural and mechanical applications including nonresidential construction, infrastructure, and agricultural and construction equipment end markets. Since its founding over 40 years ago, ITC has expanded its manufacturing footprint from a single 53,000 square foot facility to four facilities in Illinois and Alabama encompassing 1.7 million square feet of space dedicated to the production of tube and pipe products. The company is an industry leader in its primary product line, hollow structural section (HSS) steel tubing, holding the second largest market share nationally. With its broad product portfolio and comprehensive manufacturing capabilities, ITC is positioned as one of the only integrated, “one-stop” suppliers in the industry.