Tenaris, Canadian government announce investment in Ontario industrial center

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.

Canada
Manufacturing
OCTG
Tenaris

Kristen DiLandro

Kristen DiLandro is a reporter for Steel Market Update. Kristen focuses on the micro and macro steel market conditions informing North American spot prices. Following her agency career in advertising, she attained an MFA in Writing from Savannah College of Art and Design. Kristen can be reached at kristen@steelmarketupdate.com or 724-221-8143.