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LB Pipe & Coupling Products Opens Second Manufacturing Plant

LB Pipe and Coupling Products, LLC, a leading-edge manufacturer of couplings, downhole completion tools, micropiles and specialty products, announced plans to open a second manufacturing facility, which will be located on four acres at 38927 FM 1774 in Magnolia, Texas. The new facility will offer almost 20,000 square foot of additional manufacturing space, a storage yard and feature the administrative offices for the company. The site is scheduled to open in January 2014 with an additional building to be completed in the early summer. The new plant will join the existing manufacturing campus located at 21220 FM 1488 in Magnolia, Texas.

We're excited to expand our capacity of cost-effective, efficient and quality manufacturing capabilities with a second facility," said Jimmy Legg, Plant Manager for LB Pipe & Coupling Products. " With strategic planning to increase capacity, LB Pipe & Coupling Products has positioned itself to meet the increasing demand for our products."

For more information on LB Pipe & Coupling Products visit www.lbpipeandcouplingproducts.com.


LB Pipe & Coupling Products Announces Production Capacity Expansion

LB Pipe & Coupling Products, LLC announced the expansion of production capacity at its Magnolia, TX facility to meet increased demand for quality precision couplings, micropile and specialty tubular products. Sales of LB Pipe products have grown since the beginning of 2010 as material requests from water well, oil country tubular goods (OCTG) and American Petroleum Institute (API)-certified markets improved.

LB Pipe has doubled its manufacturing capacity and added products to its catalog to meet industry needs. "We set some aggressive sales and financial objectives for 2010 and we exceeded these targets. Additional equipment was installed and processes expanded to meet these increases and fuel growth through 2011," said Jim Legg, LB Pipe General Manager.

LB Pipe & Coupling Products is committed to meeting customer requirements and increasing customer satisfaction through continual improvement of its products, services and quality management system. The Magnolia advanced technology plant is ISO 9001: 2008 registered and API certified.


L.B. Foster Forms Joint Venture with Lally Pipe & Tube
New Firm to Manufacture Precision Pipe Couplings

PITTSBURGH, November 5 / PRNewswire-FirstCall / — L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA, has announced a newly formed joint venture between three partners, Kentucky-based Lally Pipe & Tube, L.B. Foster and industry veteran, Jim Legg. Together the three partners have formed LB Pipe & Coupling Products, LLC, to manufacture couplings and accessories for the water well, oil country tubular goods (OCTG) and American Petroleum Institute (API) markets. LB Pipe & Coupling Products will occupy a manufacturing facility currently under construction in Magnolia, Texas. The Texas facility is scheduled to be operational in January 2010.

The new operation will install the latest technology available to manufacture high quality precision couplings. “L.B. Foster is pleased to team with Lally in building this exciting joint venture. This will be the beginning of developing new opportunities in the future,” noted Merry Brumbaugh, Vice President Tubular Products, L.B. Foster Company.

About L.B. Foster Company
L.B. Foster Company supplies transportation, construction, utility, recreation and agriculture markets with the materials necessary to build and maintain North America's infrastructure. Visit our website: www.lbfoster.com.

       
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