Atlas Tube, a Zekelman company, announced on July 7 that discussions with Maruichi USA regarding a potential joint venture have ceased. On June 3, 2026, the two companies entered into an agreement to explore a joint venture that would combine their operations under Atlas Tube's management. Those discussions have now ended, and no joint venture will be pursued at this time. No further information will be provided.

Zekelman is a family of operating companies which include Atlas Tube, Picoma, Sharon Tube, Wheatland Tube, Western Tube and Z Modular. With 17 manufacturing locations and 3,300-plus employees across North America, the company says it’s the leading independent manufacturer of hollow structural sections (HSS) and steel pipe and the top producer of electrical conduit and elbows, couplings and nipples in North America.