Tenaris to expand scope of U.S. melt shop with $11M investment

SourceWorld Oil
Date Published09/01/2020
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
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):11
Country(ies) from which reshored:Luxembourg
City reshored to:Koppel
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredmilled steel
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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