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Local investors buy Shawnee copper tubing plant-18th China(Guangzhou)Int¡¯l Non-Ferrous Metal£¨Copper£©Exhibition
5/5/2017  Copper exhibition -non-ferrous metals expo
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    Tulsa World.com reported that a group of investors led by the former plant manager has purchased Wolverine Tube Inc.''s manufacturing plant in Shawnee and plans to keep the facility operational.

Startup copper tubing manufacturer Shawnee Tubing Solutions LLC said Monday it has bought the facility and the majority of Wolverine''s operations. The new company is led by CEO Mr Greg Gallman and was backed by local business leaders and investors.

Mr Gallman said in a statement that "Faced with the possibility of losing hundreds of jobs, the Shawnee community joined with myself, our advisers and our management team to make this happen. I am honored that the hard work has finally come to fruition. We look forward to continuing to build our company here in Shawnee and to provide employment opportunities and economic benefit to the community for many years to come.¡±
The announcement drew praise from local economic development leaders.
-18th China(Guangzhou)Int¡¯l Non-Ferrous Metal£¨Copper£©Exhibition
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