U.S. Pipe

The United States Cast Iron Pipe and Foundry Company was incorporated in 1899 as a consolidation of 12 companies and 14 plants located in 8 states, including the south's first pit cast plant built in 1882 in Chattanooga (former David Giles Company). The "Cast Iron" portion of the name was dropped in 1929. The headquarters of the new company was located at the Burlington, New Jersey plant.

News

Walter Industries, Inc. has announced plans to spin off its water products division into a separate publicly held corporation. The Company has submitted an S-1 filing to the Securities and Exchange Commission for an initial public offering (IPO) of the Company's Water Products Business (Mueller, Anvil and U.S. Pipe). The Company intends to spin off the Water Products Business approximately six months after the IPO by distributing its stock to the Company's shareholders.

SOURCE Walter Industries, Inc.

Facilities in Birmingham

Facilities in the Birmingham area include:

• Bessemer Pipe Plant (former Howard-Harrison Iron Company)
• North Birmingham Pipe Plant (former Dimmick Pipe Company)

History

Operations at all U.S. Pipe plants used the pit cast method until 1921. At that time U.S. Pipe purchased the rights to a new casting process from a Brazilian named Dimitri Sensaud deLavaud. This centrifugal cast process (the deLavaud process) would revolutionize the pipe industry and place U.S. Pipe squarley in the lead as the major pipe manufacturer in the world. The first plant to use the new process was the North Birmingham Plant. With the first technology for mass production of iron pipe, U.S. Pipe negotiated profitable licensing arrangements with other pipe manufacturers such as American Cast Iron Pipe Company (ACIPCO), Kubota of Japan, and Buderus of Germany.

Timeline

• 1899 - United States Cast Iron Pipe and Foundry Company incorporated
• 1921 - Company purchases and adopts deLavaud casting process
• 1953 - Corporate offices moved to Birmingham at 3300 1st Avenue North
• 1969 - U.S. Pipe acquired by Jim Walter Corporation
• 1988 - Parent corporation name changed to Walter Industries, Inc.
• 2005 - Walter Industries acquires Mueller Water Products for $1.9 billion