Tenaris to restart Pennsylvania melt shop, seamless pipe mill

URLhttps://www.spglobal.com/platts/en/market-insights
SourceS&P Global Platts
Date Published04/15/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tenaris
Parent companyTechint 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) reshoredseamless 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
Find Reshoring Articles