Tenaris celebrates significant investments in Sault plant
Representatives from all levels of government joined officials from Tenaris on Tuesday to mark the culmination of $150 million in investments in its Sault Ste. Marie plant.
The investments are aimed at centralizing pipe-making operations, which the company says reduces its industrial footprint. Some money has been put toward automation and safety improvements.
Chairman and CEO Paolo Rocca said he sees a bright future for the company, adding he thinks Canada’s oil and gas sector will keep the company viable.
“Price of oil is still supportive, price of gas is still supportive,” he said.
“We are not getting to a situation of, let’s say, crisis of prices. So, in this environment, I think we can count on a high level of demand.”
Sault Ste. Marie Mayor Christian Provenzano said he’s grateful for the company’s investment in the city.
“This is a world-class manufacturing facility,” said Provenzano.
“We’re very proud of the fact that it’s in Sault Ste. Marie and we’re grateful for Tenaris for making the decision to make Sault Ste. Marie its home.”
Tenaris employs more than 600 people at its Sault Ste. Marie plant.
Company officials said centralizing all steel pipe manufacturing makes it a one-of-a-kind facility in Canada.
CTVNews.ca Top Stories
DEVELOPING Person on fire outside Trump's hush money trial rushed away on a stretcher
A person who was on fire in a park outside the New York courthouse where Donald Trump’s hush money trial is taking place has been rushed away on a stretcher.
Mandisa, Grammy award-winning 'American Idol' alum, dead at 47
Soulful gospel artist Mandisa, a Grammy-winning singer who got her start as a contestant on 'American Idol' in 2006, has died, according to a statement on her verified social media. She was 47.
She set out to find a husband in a year. Then she matched with a guy on a dating app on the other side of the world
Scottish comedian Samantha Hannah was working on a comedy show about finding a husband when Toby Hunter came into her life. What happened next surprised them both.
Senators reject field trip to African Lion Safari amid elephant bill study
The Senate legal affairs committee has rejected a motion calling for members to take a $50,000 field trip to the African Lion Safari in southern Ontario to see the zoo's elephant exhibit.
'It could be catastrophic': Woman says natural supplement contained hidden painkiller drug
A Manitoba woman thought she found a miracle natural supplement, but said a hidden ingredient wreaked havoc on her health.
Police in Paris detain a man wearing fake explosives vest at Iran's Consulate
A man wearing a fake explosive vest and making threats was detained Friday outside the Iranian Consulate in Paris after police locked down the area, authorities said. His motive was unclear.
DEVELOPING G7 warns of new sanctions against Iran as world reacts to apparent Israeli drone attack
Group of Seven foreign ministers warned of new sanctions against Iran on Friday for its drone and missile attack on Israel, and urged both sides to avoid an escalation of the conflict.
CFIA monitoring for avian flu in Canadian dairy cattle after U.S. discoveries
The Canadian Food Inspection Agency is encouraging veterinarians to keep an eye out for signs of avian influenza in dairy cattle following recent discoveries of cases of the disease in U.S. cow herds.
After hearing thousands of last words, this hospital chaplain has advice for the living
Hospital chaplain J.S. Park opens up about death, grief and hearing thousands of last words, and shares his advice for the living.