Tenaris to build seamless pipe mill near Houston

Publish time: 16th February, 2013      Source: ChinaCCM
Information collection and data processing:  CCM     For more information, please contact us

On Friday, global pipe and tube manufacturer Tenaris announced that it will build its first US seamless pipe mill in Bay City, Matagorda County, Texas. With an estimated investment of $1.5 billion (USD), the new facility will have an annual production capacity of 600,000 tons of high quality seamless pipe. The mill will be close in proximity to Houston, where Tenaris' North American headquarters are based.

"With this investment, we will strengthen our local production and service capabilities to address the growing demands of the energy industry," German Cura, President, North America, said. "We are grateful for the support we have had from The State of Texas, Matagorda County and Bay City."

An analysis conducted on the economic impact of Tenaris in Matagorda County states the company will have a large direct and indirect influence on the area.  The new plant will generate 600 direct manufacturing jobs and offer substantial economic impact in Matagorda County as well as in the surrounding areas.