Stout served as the exclusive financial advisor to Plymouth Tube Company in connection with the sale of its Winamac, Indiana, facility to Shadowbriar Capital Partners.

Founded in 1924, Plymouth is a global leader in specialty precision steel tubing, including stainless, nickel alloy, and carbon alloy tubing, with a particular emphasis on aerospace, defense, medical, nuclear, and fluid power markets. Headquartered in Warrenville, Illinois, and celebrating five continuous generations of family ownership, Plymouth is committed to delivering innovative, high-quality tubing solutions through its extensive manufacturing capabilities and customer-centered approach. The sale of the Winamac facility aligns with Plymouth’s strategy to enhance its product leadership in high-performance specialty markets, following the closure of its West Monroe, Louisiana, site earlier this year.

The Winamac facility, which includes a cold draw, hot mill, and quench and temper line, manufactures carbon and alloy seamless steel tubing for a range of demanding applications, including construction, drilling, utilities, military, oil and gas, and other industrial sectors. Under its new name, Crossroads Seamless USA, the facility will continue to support a diverse customer base across North America.

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