Tenaris Invests $7 Million to Restart Texas Plant
Tenaris invested approximately $7 million to restarts its Conroe, Texas, mill, which is now heat treating and finishing pipe from the company’s mill in Bay City, Texas. The investments was made to ready the plant for operations, including safety, training, equipment and systems upgrades.
Production at Conroe was temporarily stopped in 2015 due to record levels of unfairly traded oil-country tubular goods (OCTG) imports and the collapse of the oil-and-gas market. In June, Tenaris announced it would restart specific manufacturing processes at the Conroe mill as a result of improved market conditions and actions by the U.S. government in support of domestic manufacturing.