Lone Star Technologies and Brazil's GPC Group Complete Joint Venture Transaction.

Publication: PR Newswire

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COPYRIGHT 2006 PR Newswire Association LLC

DALLAS, Nov. 30 /PRNewswire-FirstCall/ -- Lone Star Technologies, Inc. ("Lone Star") today said that it has completed the previously announced joint venture transaction ("Joint Venture") with Grupo Peixoto de Castro ("GPC") to produce finished welded oilfield tubular products. Pursuant to the agreement, Lone Star has acquired a 50 percent ownership stake in Apolo Mecanica e...

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