Tenaris marks significant investment from federal government
by CM Staff
The investments include a new premium threading line providing a full range of pipe connection threads, from API to premium.
Tenaris marks significant investment from federal government
SAULT STE. MARIE — Federal, provincial, and municipal officials joined Tenaris executives, customers, and employees, to mark the culmination of $150M CAD in investments in Sault Ste. Marie, ON, to transform the company’s industrial footprint in Canada by centralizing its pipe manufacturing operations under one roof.
“Our story in Canada has been one of commitment and continued growth, and today we are celebrating transformative invest ments in the latest chapter of what has been a journey that dates back two decades,” said Tenaris Chairman & CEO, Paolo Rocca. “We have enhanced our portfolio of made-in-Canada solutions to better serve domestic customers, providing an unparalleled security of supply and product diversity with a robust industrial system that is strengthened by our global capabilities.”
Joining Rocca at the ceremony was Tenaris President in Canada, Ricardo Prosperi, International Trade Minister Mary Ng; Member of Parliament and Parliamentary Secretary to the Minister of Labor, Terry Sheehan; Ontario Minister of Northern Development and Minister of Indigenous Affairs Greg Rickford; MPP Ross Romano; and Sault Ste. Marie Mayor Christian Provenzano.
“Canadian steel pipe producers are an incredibly important part of the global circular economy and are leaders in best-practices and environmental stewardship. By investing in this project with Tenaris we will help strengthen the competitiveness of the steel sector, advance sustainable technology, and expand production capabilities to maintain Canada’s position in the global market. Our government is committed to stand with our workers and the innovative, world-class products they produce,” said Mary Ng, International Trade Minister.
Tenaris says they appreciate the contributions and support from the federal, provincial, and municipal governments, and their related economic development agencies to help realize its investment project.
“By consolidating their pipe manufacturing operations in one convenient location, Tenaris is creating more opportunities for workers across the North,” said Minister of Northern Development and Minister of Indigenous Affairs Greg Rickford. “Through the Northern Ontario Heritage Fund Corporation, our government is supporting job creators like Tenaris across industrial sectors, reaffirming our commitment to build Ontario.”
The investments include a new premium threading line providing a full range of pipe connection threads, from API to premium, such as TenarisHydril Blue® and Wedge series, expanded capacity for sour service steel grades and new pipe diameters. The new electric resistance weld (ERW) pipe manufacturing line extends Tenaris’s product offer of welded pipe products with new steel grades, extended sizes, and premium connections. Safety, automation, and digitalization improvements were also reportedly integrated into the existing operations.
The company’s new pipe manufacturing hub, with a capacity to produce 220,000 tons of ERW and 400,000 tons of OCTG, is supported by Tenaris’s threading facility in Nisku, AB, pipe service centres in Alberta, Saskatchewan and Newfoundland and Labrador, and served by its direct mill-to-customer rig logistics solutions known as Rig Direct®.
