Mercury Tube, which makes high-precision stainless steel and high nickel alloy tubing, will operate as a wholly-owned subsidiary of Accu-Tube. Financial terms of the deal were not disclosed.
Mercury Tube provides welded and drawn tubing and cold drawn outside diameter tubing in standard and custom sizes ranging from .125 in. outside diameter to 1.25 in. OD. The core alloys it works with include 304/304L, 304H, 316/316L, 321, 400, 800, 825, 840 and E-Brite. Mercury Tube is also able to produce small diameter tubing at wall thicknesses ranging from .010 in. (.25 mm) to greater than .083 in. (2.11 mm).
“We are excited about acquiring Mercury Tube and adding Mercury Tube’s skilled employees and extensive range of tubing capabilities,” Accu-Tube CEO Kevin McGrath said in a news release. “In particular, Mercury Tube’s ability to weld and draw thicker-walled small diameter tubing will help us broaden our product offering to our medical customers. In the coming months, we expect to have a series of exciting new product introductions that will leverage the unique capabilities of both operations.”
Mercury Tube will continue operating out of its 40,000-square-foot facility in Englewood. The acquisition is a reunion of sorts: The two companies had the same owner, Gary Oakley, back in the early 1970s.