Atkore Inc. announced that it will sell its Tectron mechanical tube product line and the De Pere, Wisconsin manufacturing facility to Lock Joint Tube, a manufacturer of mechanical and structural steel tubing. The transaction, effective December 1 2025, is part of Atkore’s ongoing strategic review to concentrate on its core electrical infrastructure business.
The divestiture aligns with Atkore’s focus on high‑margin electrical products that benefit from electrification, data‑center expansion, and broader construction demand. By shedding the Tectron line, the company can reallocate capital and management attention to its electrical infrastructure portfolio, which is expected to generate stronger returns and support long‑term growth.
In its most recent quarterly report, Atkore posted a net loss of $54.4 million and net sales of $752 million, down from $788.3 million a year earlier. Impairment charges contributed to the loss, but the company guided for fiscal 2026 net sales of $3.0‑$3.1 billion and adjusted EBITDA of $340‑$360 million. The sale is expected to strengthen the balance sheet and provide additional liquidity for capital deployment plans, including share repurchases and dividend growth.
Lock Joint Tube, which operates multiple plants across Indiana, Ohio, Texas, and Tennessee, will add the De Pere facility to its existing capacity. The acquisition expands Lock Joint Tube’s product offerings in the mechanical tube market, though the transaction’s impact on employees at the Wisconsin site was not disclosed.
Bill Waltz, Atkore’s president and CEO, said the sale is “another action we are taking as part of our review of strategic alternatives to enhance focus on our electrical infrastructure portfolio and deliver greater value to shareholders.” He added that the company is pleased to work with Lock Joint Tube and that the latter will continue to serve mechanical tube customers.
Market reaction to the sale has been muted, as the announcement was part of a broader strategic review that also includes potential sale or merger discussions. The company’s Q4 earnings had a mixed reaction, with an earnings miss of $0.69 versus an estimate of $1.26, offset by a revenue beat of $752 million versus an estimate of $737.83 million. The mixed performance reflects the company’s ongoing challenges with impairment charges and the need to focus on high‑margin segments.
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