Red Man Pipe to Merge With West Virginia Company

Two major distributors of industrial and oilfield PVF supplies, McJunkin Corporation and Red Man Pipe and Supply Company, today announced a merger of equals that will make the new company one of the leading industrial and oilfield PVF suppliers in North America.
Both Tulsa and Charleston will serve as co-headquarters for the new company.
McJunkin Corporation Chief Executive Officer and President H.B. Wehrle III and Red Man Pipe and Supply Company President and Chief Executive Officer Craig Ketchum will serve as Co-Chief Executive Officers for the new company.
The merger, which is expected to close within sixty days, is subject to customary closing conditions, including regulatory approvals.
Red Man Pipe & Supply Co., headquartered in Tulsa, was founded in 1977 as a distributor of oilfield and industrial supplies to the oil and gas, petrochemical, refining, pipeline, transmission, utility and chemical industries. Founded in 1921, McJunkin Corporation is headquartered in Charleston, West Virginia and distributes industrial pipe, valve fittings.

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