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With the health care system in the Lombardy region of Italy under severe strain from a surge in coronavirus cases, Tenaris’s Dalmine seamless mill in Italy is rushing an order for 4,300 medical-grade gas cylinders.
Tenaris will be reducing its workforce in the US due to the abrupt, sharp decline in the price of oil, and subsequent decrease in market activity.
Tenaris announced layoffs today at its welded steel pipe manufacturing facility in Calgary, AB. The company anticipates the layoffs of approximately 110 union employees as of April 1. The announcement was made in a town hall meeting today with employees and union executives. A restart date has not yet been determined.
We are the leading manufacturer of pipes and related services for the world's energy industry and certain other industrial applications. Our manufacturing system integrates steelmaking, pipe rolling and forming, heat treatment, threading and finishing across 16 countries. We also have an R&D network focused on enhancing our product portfolio and improving our production processes. Our team, based in more than 30 countries worldwide, is united by a passion for excellence in everything we do.
