PTC Steel

PTC Steel, formerly known as PTC Alliance, is a well-established American manufacturer with a history dating back to 1924. Headquartered in Minneapolis, MN, the company specializes in producing steel pipe, tube, and bar products. PTC Steel operates multiple facilities across North America and serves a variety of industries, including agriculture, automotive, construction, energy, and recreation. The company employs between 100 and 5,000 people and generates estimated revenues of $200 million to $500 million. PTC Steel offers a range of core products, including Electric Resistance Welded (ERW) and Drawn Over Mandrel (DOM) tubing, as well as steel pipes and bars made from various alloys. The company also provides Oil Country Tubular Goods (OCTG) that meet API standards for the energy sector. In addition to its products, PTC Steel offers value-added services such as custom fabrication, inventory management, and logistics optimization. The company is committed to sustainability, energy conservation, and workforce diversity, ensuring high standards through employee training and mentorship.

Executive Office Minneapolis, United States Founded 1924 ~86 employees Private · Debt Financing

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Employees
86
-1.1% in the 3 months to Jun 2025
Revenue / employee
$6M
Revenue ~$520M
Total funding
$93.8M
Last round Debt Financing, Jan 2022
12-month attrition
7.6%
Tech: 8.3%
H1B sponsor
NA

Headcount trend

PTC Steel went from 86 employees in Jul 2023 to 86 in Jun 2025. Jan to Jun 2025: 4 people joined, 3 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Other62
Sales7
Engineering6
Operations5
HR4
Finance2

Funding

  • Jan 2022 · Debt Financing · $28.8M · Great Rock Capital
  • Sep 2015 · Debt Financing · $65M · JPMorgan Chase

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PTC Steel FAQ

How many employees does PTC Steel have?

PTC Steel has about 86 employees, down 1.1% over the 3 months to Jun 2025.

What is PTC Steel's revenue per employee?

PTC Steel makes about $6.05M in revenue per employee, based on $520M annual revenue and 86 employees.

How much funding has PTC Steel raised?

PTC Steel has raised $93.8M in total funding; its latest round was Debt Financing in Jan 2022.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.