Steel Pipe Manufacturer to Bolster Texas Plant with 140 New Jobs

URLhttps://www.thomasnet.com/insights/steel-pipe-manu
SourceThomas Insights
Date Published04/12/2021
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tenaris
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):140
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):.6
Country(ies) from which reshored:Luxembourg
City reshored to:Conroe
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredsteel pipes, steel products
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Under-utilized capacity
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