On a mission to improve lives all over the world, the founders of SB International, Inc. and the Gupta Agarwal Charitable Foundation have made a $5 million gift that will help to fund research and education related to cardiac conditions. Satish and Yasmin Gupta have a deep commitment to improving access to knowledge and education that will help change lives. The gift was made to Baylor Scott & White The Heart Hospital – Plano, a North Texas facility recognized around the world for excellent cardiac care, where the Satish & Yasmin Gupta Heart Center was recently unveiled. For more information on on Baylor Scott & White, click here. For more information on the works and projects of the Foundation, please visit www.guptasfoundation.org or Click Here to view the official press release.
SB Hall, the new centerpiece of the University of Dallas’s business school, is unveiled with high acclaim at a ribbon cutting ceremony at the University of Dallas
SB Hall, the new state-of-the-art home of the Satish & Yasmin Gupta College of Business, opened on schedule and under budget according to university president, Tom Keefe. The ribbon cutting ceremony, which was held Friday January 15, 2016, marked the opening of the $16 million, 45,000 sq ft academic building and began an important new chapter in the university’s history. The new structure, SB Hall, was funded by the generous $12 million gift made by SB International and its owners, Satish Gupta MBA ‘81 and Yasmin Gupta MBA ‘82. The donation is the single largest in the 60-year history of the University of Dallas. SB Hall, situated amidst the university’s 222 acre campus, stands on the highest point in Dallas County and overlooks the interchange of State Highways 114 and 183. SB Hall is the centerpiece of the University of Dallas’ business program which is renowned nationally and internationally and is among the few business schools holding AACSB accreditation. For more information on the ribbon cutting, click here.
The ribbon cutting was covered by media locally as well as internationally. During ceremony speeches, Satish Gupta and Yasmin Gupta reflected about starting SB International while still students at the University of Dallas with the help and guidance of faculty and administration. Mr. Gupta announced, “We are honored to help the University of Dallas empower tomorrow’s leaders to improve their communities all around the world.” Click here for more photographs from the event.
SB International affiliate, Centric Pipe, LLC, acquires Northwest Pipe Company’s OCTG business
Centric Pipe, LLC, an affiliate of SB International, Inc., announced that it has acquired substantially all of the OCTG assets of Northwest Pipe Company (NASDAQ: NWPX) for a purchase price of $42.7 million. The transaction includes Northwest Pipe’s casing mill in Bossier City, Louisiana and its tubing mill in Houston, Texas, which have a combined capacity of about 200,000 tons per year. (Press Release: 03-31-2014 Acquisition of NWP OCTG business by Centric Pipe)
SB International sponsors the University of Dallas College of Business MBA Capstone project for a second consecutive year
For a second consecutive year, SB International partnered with the University of Dallas Graduate School of Management to sponsor the MBA capstone research project for the summer semester. The project involved a comprehensive inspection into the complex relationship, and often dichotomy, between politics and economics as it pertains to energy policy. Capstone students analyzed domestic and foreign forces and forecasted future financial data and the timeline for the United States to export liquefied natural gas (LNG). The class of cross-disciplinary concentrations honed in on the most prolific predictors for the future of LNG export and provided an inclusive final report to SB International executives.
India’s Minister of Petroleum & Natural Gas and Chairman & Managing Director of the Gas Authority of India Limited (GAIL) discuss LNG opportunities with SBI
SB International executives met with senior energy officials from India to discuss LNG business opportunities in India and the United States. Honorable Veerappa Moily, Minister of Petroleum & Natural Gas and Mr. B.C. Tripathi, Chairman & Managing Director of the Gas Authority of India Limited (GAIL) hosted Satish Gupta, President & CEO, and members of SB International’s executive team in Houston, Texas. The conversation focused on how SBI and GAIL can work together to promote international LNG business.
(from right) Honorable Veerappa Moily, Minister of Petroleum & Natural Gas, Mr. B.C. Tripathi, Chairman & Managing Director of GAIL, Chat Ganesh, SBI VP
SB Specialty Metals and Carpenter Powder Products announce long term agreement
SB Specialty Metals (SBSM) extended and strengthened its strategic relationship with Carpenter Powder Products (CPP) through 2030. The agreement will provide accelerated growth opportunities for both CPP, the leading global producer of gas atomized powder metal products, and SBSM, the largest tool steel distributor in the United States. (Press Release: SBSM and Carpenter Products Long Term Agreement)
SB International makes highest offer to acquire RG Steel mill at Sparrows Point
SB International made an offer to acquire the assets of RG Steel, LLC at Sparrows Point, Maryland. Unfortunately, the offer was thwarted by the presiding judge. (Press Release: 08-17-2012 SB bid to acquire RG Steel)
SB International partners with the University of Dallas to support MBA research
May 1, 2012: SB International has partnered with the University of Dallas Graduate School of Management to sponsor the MBA capstone research project. The research will be conducted during the 2012 summer semester. (Press Release: 05-1-2012 University of Dallas MBA sponsorship)
Update from August 15, 2012: University of Dallas MBA students concluded their research and presented findings and recommendations to SB International executives. The formal presentation concluded the project and was a successful and valuable collaboration between business and institution.
