Company/Division name | Tenaris |
Parent company | Techint Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 250 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2021 |
Domestically, the work will be done: | Both |
Capital investment ($): | 15 |
Country(ies) from which reshored: | Luxembourg |
City reshored to: | Pittsburgh |
State(s) reshored to: | PA |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings), energy |
Product(s) reshored | seamless steel pipes |
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? | Lead time/Time to market, Under-utilized capacity |