Canada
May 26, 2026
Tenaris, Canadian government announce investment in Ontario industrial center
Written by Kristen DiLandro
Tenaris, alongside Ontario’s provincial and Canada’s federal governments, have pledged Canadian $306 million (USD$221.6 million) to modernize and expand Tenaris’ Ontario-based industrial center.
On Tuesday, May 22, Premier Doug Ford and Economic Development and Trade Minister Vic Fedeli committed CAD$72 million for the plan. While Federal Industry Minister Mélanie Joly announced $76 million in support from Ottawa.
The Luxembourg-based Latin American steel pipe producer is the largest supplier of oil country tubular goods (OCTG) in Canada and Canada’s sole seamless pipe producer.
Plans for the Sault Ste. Marie, Ontario, site include installing modernized equipment and adding a new threading line for semi-premium and API connections. The facility will expand production, extend product range, and increase productivity.
Additionally, Tenaris highlighted how the improvements will optimize material flows at each phase of the seamless and electric resistance welded (ERW) manufacturing processes.
Martin Castro, president of Tenaris in Canada, said the collaboration at the federal and provincial levels reflects the company’s confidence in its community and in Canadian manufacturing.
“In Canada, we know energy connects us,” stated Castro.
He added, “With this more than CAD$300 million investment, on top of more than CAD$350 million invested since 2020, we illustrate Tenaris’s steadfast commitment to Canadian manufacturing. Today’s milestone builds on the momentum to expand Canada’s domestic supply chain for OCTG and line pipe.”
