KOPPEL – Owners of two Beaver County steel plants will restart activities and expand workforce at the sites in the coming months.
Tenaris U.S. President Luca Zanotti last week toured the company’s Koppel melt shop and Harmony Township seamless tube mill, informing employees of plans to bring both plants back online this summer. Tenaris expects about 250 employees will be recalled or hired at the mills.
Koppel’s facility produces seamless oil-country tubular goods, drill pipe and line pipe used in oil and natural gas. In May, Tenaris will complete a $15 million-upgrade to increase Koppel’s steel bar size capabilities and improve safety and automation systems.
The company further increased its planned $11 million investment – adding new cranes, a production management system and renovating existing cranes used to feed the furnace with scrap metal.
Harmony Township’s seamless mill is slated to come back online in late summer following a March 2020 suspension related to COVID-19 market conditions.
Tenaris’ decision to ramp-up production comes as demand for energy-industry steel pipe and tube products begin to rebound, representatives said in a news release.
“There are encouraging trends in the market from increases in production and oil prices to total demand,” said Zanotti. “While taking a cautious approach, this presents an opportunity for us to power up our footprint to supply customers through a reliable, domestic value chain. Our plants in the northeast remain central to this strategy.”
Nationwide, Tenaris plants to expand its American workforce by 1,000 people in the months ahead.
Chrissy Suttles covers business, energy and environment for the Beaver County Times and the USAToday Network. Contact her at email@example.com and follow her on Twitter @ChrissySuttles.