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Article: Seamless tube mill back in business: Algoma Tubes plans next step to maintain viability in market. (Sault Ste. Marie).(Brief Article)
- Article from:
- Northern Ontario Business
- Article date:
- November 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Laurentian Business Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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For 10 years Algoma Steel Inc.'s (ASI) seamless tube mill was labelled a white elephant, a money-losing victim of the boom and bust cycle of the oil and gas exploration industry.
After being mothballed for two years due to a lack of pipe orders, a new operator has breathed fresh life into the Sault Ste. Marie facility under the banner of Algoma Tubes.
As the only seamless tube mill in Canada and one of the few in North America, it is a vital component of the Tenaris Group, a global alliance of pipe and steel producers.
The plant resumed production in November, 2000 after Siderca S.A., an Argentine pipe producer, signed a 20-year lease with ASI.
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Article: ASI plans sale of tube mill. (The Way It Is).(Algoma Steel ...
Northern Ontario Business;
June 1, 2003 ;
605 words
... ... for the company. The company is planning on selling it to Algoma Tubes, a subsidiary of Tenaris S.A., which has leased land ... contract agreement with the United Steelworkers of America. Algoma Tubes employs about 320 unionized production and service personnel ...
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