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): | Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | steel 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 |