Corrosion Resistant Alloys Successfully Acquires PipeSearch
(P&GJ) — Corrosion Resistant Alloys LLC (CRA), a manufacturer of high-grade corrosion-resistant alloy tubulars, has fully acquired PipeSearch, a digital technology company powering global tubular solutions.
CRA’s acquisition of PipeSearch will help drive the digital transformation of the Oil Country Tubular Goods (OCTG) field by providing quality inventory solutions supported by robust data collection and analytics. Both companies, which have partnered together since 2018, will combine their capabilities while continuing as affiliate companies to provide digital value-added services for the tubular industry.
“We see the momentum for change in the tubular industry and the desire for digital solutions,” Cole Patchell, president of PipeSearch and vice president of CRA, said. “We are fully committed to a digital future through the global warehouse, PipeSearch, and are excited about the investment.”
Headquartered in Austin, Texas, PipeSearch features the PipeSearch digital trading platform, a suite of services focused on connecting OCTG demand to supply needs across the globe. PipeSearch is also dedicated to developing workflows and efficiencies to further improve the customer purchase process.
“Our collaboration with PipeSearch provides a digital extension to CRA’s experienced commercial, quality and technical services team,” Patchell said. “We look forward to working together while leading the digital shift needed to bring greater efficiencies to the OCTG space.”
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