Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

 

Date of Report: June 20, 2013

Date of earliest event reported: June 20, 2013

 

 

MRC GLOBAL INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-35479   20-5956993

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

2 Houston Center, 909 Fannin, Suite 3100,

Houston, TX 77010

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (877) 294-7574

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 7.01 Regulation FD Disclosure.

On June 20, 2013, MRC Global Inc. (the “Company”) issued a press release announcing that the Company’s U.S. operating subsidiary, McJunkin Red Man Corporation, has been awarded a five year extension to their integrated supply agreement with NiSource (NYSE: NI) for the supply of pipe, valve and fitting products (PVF) and supply chain services to NiSource’s pipeline, distribution and midstream businesses. A copy of the press release is included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information referenced under Item 7.01 (including Exhibit 99.1 referenced in the Item 9.01 below) of this Current Report on Form 8-K is being “furnished” under “Item 7.01. Regulation FD Disclosure” and, as such, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information set forth in this Current Report on Form 8-K (including Exhibit 99.1 referenced in Item 9.01 below) shall not be incorporated by reference into any registration statement, report or other document filed by the Company pursuant to the Securities Act of 1933, as amended (the “Securities Act”), except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

 

99.1 Press release dated June 20, 2013

 

2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 20, 2013

 

MRC GLOBAL INC.
By:  

/s/ Daniel J. Churay

  Daniel J. Churay
  Executive Vice President – Corporate Affairs, General Counsel and Corporate Secretary

 

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INDEX TO EXHIBITS

 

Exhibit
No.

  

Description

99.1    Press release dated June 20, 2013

 

4

EX-99.1

Exhibit 99.1

 

LOGO

   Contacts:
  

James E. Braun, Executive Vice President

and Chief Financial Officer

   Jim.Braun@mrcglobal.com
   832-308-2845
   Ken Dennard, Managing Partner

FOR IMMEDIATE RELEASE

   Dennard Lascar Associates, LLC
   ken@dennardlascar.com
   713-529-6600

NISOURCE AWARDS FIVE YEAR CONTRACT EXTENSION TO MRC GLOBAL

HOUSTON (June 20, 2013) – MRC Global Inc. (NYSE: MRC) announced today that its U.S. operating company, McJunkin Red Man Corporation, has been awarded a five year extension to their integrated supply agreement with NiSource (NYSE: NI) for the supply of pipe, valve and fitting products (PVF) and supply chain services to NiSource’s pipeline, distribution and midstream businesses across the company’s 16 state network. The contract builds off of a long-standing relationship between the two organizations, beginning in Charleston, W.Va., dating back more than 75 years through their respective heritage companies.

“We are pleased that NiSource continues to place their confidence in MRC to supply their operations with these important products and services,” MRC Chairman, President and CEO Andrew Lane said. “We look forward to continuing to service their day-to-day operating requirements as well as their announced infrastructure modernization and integrity projects. The foundation of this important relationship is one of mutual trust and respect earned through many years of working together to build the most efficient and competitive supply chain possible.”

“Working with solid and trusted U.S.-based companies like McJunkin Red Man help us deliver safe and reliable transportation and midstream services each and every day,” said Jimmy D. Staton, executive vice president and group CEO for NiSource’s Columbia Pipeline Group. “With our infrastructure modernization programs underway across NiSource, it’s comforting to know we have a resource we can depend on.”

MRC has been NiSource’s integrated supplier since 1997 and currently services them from more than 25 locations including the recently opened Boston, Massachusetts branch. MRC’s 2012 revenue from its business with NiSource was approximately $100 million.

About MRC Global Inc.

Headquartered in Houston, Texas, MRC, a Fortune 500 company, is the largest global distributor of pipe, valves, and fittings (PVF) and related products and services to the energy industry, based on sales, and supplies these products and services across each of the upstream, midstream and downstream sectors. More information about MRC can be found at www.mrcglobal.com.

About NiSource Inc.

NiSource Inc., based in Merrillville, Ind., is a Fortune 500 company engaged in natural gas transmission, storage and distribution, as well as electric generation, transmission and distribution. Designated as a World’s Most Ethical Company in 2012 and 2013, NiSource’s operating companies deliver energy to 3.8 million customers located within the high-demand energy corridor stretching from the Gulf Coast through the Midwest to New England. Information about NiSource and its subsidiaries is available via the Internet at www.nisource.com.

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