Company Performance Metrics
Tzinorot (formerly Middle East Tube Co. Ltd.(TASE:TUBE) is today the largest steel pipe manufacturer in Israel. The Company produces and markets steel pipes used in water, sewage, fuel and gas infrastructures, as well as structural pipes used in construction. Most of the pipes are protected from corrosion by internal cement linings, various
additives and exterior coatings, primarily three-layer extruded polyethylene (Trio coating). Pipes ranging in diameter from 3" to 100" are produced and insulated at the Company plant in Tzrifin. Hot dip galvanization of pipes and many other products is carried out at the Company's Acre facility. Tzinorot's annual sales are in the 300 million shekel range, and the Company employs around 250 people at its two facilities. Tzinorot's annual production capability is 80,000 tons. The expansion of Tzinorot's areas of operations in the last two years has introduced a new era of growth and renewal.