Oilfield tubulars manufacturer Tenaris says it is calling back up to 150 employees who were laid off earlier this year to support an uptick in Canadian drilling operations at its Algoma Tubes mill in Sault Ste. Marie, Ontario.
“Production was temporarily interrupted at the facility in March due to the impact of unfairly traded imports and a prolonged industry downturn,” the company said in a statement.
“While market volatility persists, a modest improvement in Tenaris’s forecast, as well as progress in ongoing policy discussions with members of the federal and provincial government that support Canadian manufacturing drove the decision to commence operations.”
Tenaris vice-president and Canada managing director Guillermo Moreno says the restart of the company is “Cautiously proceeding to restart Algoma, understanding the environment of today remains difficult.”
