BNET Industries

Maverick Tube Corp.

(MVK) is in the Manufacturing Industry

Last Fiscal Year Sales:$1.7B
  • Public
  • US
Dow Jones Description

This Maverick has a straight-shooting business. Founded in 1978 and headquartered in Chesterfield, MO, Maverick Tube (NYSE: MVK) is a large maker of steel tubes. The company operates in two segments: Energy Products and Industrial Products. Its products include line pipe, drill pipe, and casing for oil systems, and structural and standard pipe and piling items for industry and construction. It sells to agriculture, transportation, oil, and construction firms. The company has annual revenue of about $1.8 billion and employs about 4,650 people. In 2005, the company sold certain assests related to its hollow structural sections (HSS) product line to Atlas Tube. At closing, Maverick received cash of about $37.8 million.

Number of Employees 4,649
Contact Information

16401 Swingley Ridge Rd 7th Fl

Chesterfield, Missouri 63017-0744

www.maverick-tu...

(636) 733-1600

NAICS Code Iron and Steel Pipe and Tube Manufacturing from Purchased Steel: 331210

Recent Events

  • Tenaris Q2 results rise, overcoming weak Canada ops, beating expectations

    8/05/07 - Merger / Acquisition - View Story

  • Tenaris to buy Hydril for $2.16 billion cash

    2/12/07 - Merger / Acquisition - View Story

  • The deal: Maverick Tube Corp. is acquired by Tenaris SA

    12/14/06 - Merger / Acquisition - View Story

  • Maverick steels itself for move to Houston

    11/16/06 - Financial Announcement - View Story

  • Maverick Tube-Tenaris Merger Has $72.5 Million Breakup Fee

    8/15/06 - Merger / Acquisition - View Story

  • Joyce Schuldt

    8/09/06 - Financial Announcement - View Story

  • Latin America M&A Soars As Dust Settles On Privatization

    6/28/06 - Merger / Acquisition - View Story

  • Evans, Kennedy will see millions from Maverick sale

    6/15/06 - Merger / Acquisition - View Story

  • On the Move: Bayer, Philips, Vinci

    6/14/06 - Merger / Acquisition - View Story

  • Stocks Slip Despite Mild Inflation Data

    6/13/06 - Merger / Acquisition - View Story

  • Tenaris to acquire Maverick for $3.2bn

    6/13/06 - Merger / Acquisition - View Story

  • 2ND UPDATE: Maverick Tube Agrees To Be Acquired For $3.19 Bln

    6/13/06 - Merger / Acquisition - View Story

  • Stock Losses Deepen

    6/13/06 - Merger / Acquisition - View Story

  • Stocks Inch Up on Mild Inflation Data

    6/13/06 - Merger / Acquisition - View Story

  • Stocks Sink on Interest-Rate Jitters

    6/13/06 - Merger / Acquisition - View Story

  • Slip sliding away

    6/13/06 - Merger / Acquisition - View Story

  • Tenaris to buy Maverick for $3.2B

    6/13/06 - Merger / Acquisition - View Story

  • UPDATE: Maverick Tube Agrees To Be Acquired For $3.19 Bln

    6/13/06 - Merger / Acquisition - View Story

News & Analysis

maverick tube corp. and seacat corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Wayne P.E. Mang Director
Scott Harris Manager of Manufacturing Systems
Bob Lee
Dr Bruce Reichert
Scott Evans

Board of Directors

Name (plus bio) Position
Don Wilson Board of Directors
Pamela G. Boone Board of Directors

Organization Position Status
Revenue Properties Company Limited Board of Directors Current
Maverick Tube Corporation Director Current
Vicwest Corporation Director Current
Russel Metals Inc. President Former
Russel Metals Inc. Director Former

Organization Position Status
Maverick Tube Corporation Manager of Manufacturing Systems Current
Ernst & Young Manager Former
T&G Constructors Process Engineer Former
Missouri University of Science and Technology Bachelor of Science Degree in Mechanical Engineering Former

Organization Position Status
Maverick Tube Corporation Current

Organization Position Status
Maverick Tube Corporation Current
National Aeronautics and Space Administration Research Engineer Former
Kansas State University Associate Profession of Mechanical Engineering Former
United States Naval Academy Ph.D. degrees in mechanical engineering Former
Youngstown State University Masters degree in Business Administration Former
Xavier University Masters degree in Business Administration Former
Michigan Technological University Bachelor of Science degree in Mechanical Engineering Former

Organization Position Status
Maverick Tube Corporation Current
Wolverine Tube Inc. Marketing Manager Former
Mississippi State University Bachelor of Science Degree Former

Don Wilson is immediate past president and chairman of the board of the Calgary Exhibition & Stampede. Prior to beginning his two-year term in 2003, he was president and CEO and a member of the board of directors of Prudential Steel Limited. After a 34-year career, Don retired from Prudential in 2000. Don has been a Stampede volunteer since 1964, and a shareholder since 1973. He began his volunteer involvement with the Downtown Attractions committee before joining the Rodeo committee, where he served as chair from 1985 until 1988. During his tenure with the Rodeo committee, his leadership led the way to the implementation of a plan for the first box seats in the infield. Since being elected as a director in 1988, Don has been responsible for 12 committees. Don's contribution to the Stampede has been immense, but he is particularly gratified by his 1988 involvement, when he chaired the Olympic Rodeo committee - the first of its kind in any Olympics. Following his retirement in 2000, he was elected to the board of Maverick Tube Corporation, a position he retired from in 2004. Don also served as president of both the 400 Club and the Calgary Petroleum Club. Born and raised in the Calgary area, Don enjoys cattle penning and golfing. He and his wife Joan, known for co-authoring The Best of the Bridge series cookbooks, have one daughter, two sons, and seven grandchildren.

Organization Position Status
The Calgary Stampede Foundation Chairman of the Board Current
The Calgary Stampede Foundation Board of Directors Current
Maverick Tube Corporation Board of Directors Current
The Calgary Stampede Foundation President Former
Calgary Petroleum Club President Former
The Calgary Exhibition & Stampede President Former
The Calgary Exhibition & Stampede Chairman of the Board Former

Pamela G. Boone is the Company’s Executive Vice President and Chief Financial Officer and has served in these positions since 2005. Prior to this, Ms. Boone served as Vice President and Chief Financial Officer of Maverick Tube Corporation from 2001 until January 2005 and as Vice President, Treasurer and acting Chief Financial Officer until May 2005. Maverick Tube Corporation, a Missouri-based company was a leading North American producer of welded tubular steel products used in energy and industrial applications. From 1997 to 2001, Ms. Boone served as Maverick’s Corporate Controller.

Organization Position Status
Synergetics USA Inc. Cfo, Treasurer, Secretary & Executive Vice President Current
Maverick Tube Corporation Board of Directors Current
Maverick Tube Corporation Chief Financial Officer Former
Maverick Tube Corporation Vice President Former
ONI Medical Systems, Inc. Chairman of The Board Former
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