The Middle East Tube Company Ltd. ("Metco") was originally established in 1951.Today, as Israel's largest producer of steel pipes, the company manufactures and markets pipes for water, sewage, oil and gas infrastructures, as well as structural pipes for construction.Most of the pipes are protected against corrosion by internal cement linings, various additives, and external coatings or wraps; primarily three-layer extruded polyethylene - AKA Trio coating.The company's plant in Neot Hovav is responsible for most production and insulation of 3" - 108" diameter pipes.Another company site in Acre is responsible for hot-dip galvanization of pipes and other steel products. Combined, approximately 150 workers are employed at these two sites.Metco is traded on the Tel Aviv Stock Exchange since 1993.The recent expansion in activities has led the company into an era of growth and rejuvenation.