Houston Area Pipe Plant Credits New Steel Tariffs For Reopening

URLhttps://www.houstonpublicmedia.org/articles/news/2
SourceHouston Public Media
Date Published06/25/2018
Author NameFlorian Martin
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tenaris
Parent companyTechint
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):250
Year reshoring announced:2018
Country(ies) from which reshored:Luxembourg
City reshored to:Conroe
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredPipes
What non-domestic negative factors made offshoring less attractive?Price, Tariffs, Total cost
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Image/brand, Raw Materials Cost, Under-utilized capacity
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