Business
VALLOUREC ANNOUNCES EXPANSION OF YOUNGSTOWN MANUFACTURING OPERATIONS
New premium threading line will create 40 full-time jobsYOUNGSTOWN, Ohio, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Ohio Gov. Mike DeWine, JobsOhio, Lake to River Economic Development, the Youngstown/Warren Regional Chamber, and Vallourec, a world leader in premium tubular solutions, announced today it has committed to investing at least $39 million to expand the company’s operations in Youngstown. Vallourec shared that its final investment will be up to $48 million. The investment will support Valloure
About this update from Vallourec Sa
[{"type":"text","content":"New premium threading line will create 40 full-time jobs","length":56,"tagName":"p"},{"type":"text","content":"YOUNGSTOWN, Ohio, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Ohio Gov. Mike DeWine, JobsOhio, Lake to River Economic Development, the Youngstown/Warren Regional Chamber, and Vallourec, a world leader in premium tubular solutions, announced today it has committed to investing at least $39 million to expand the company’s operations in Youngstown. Vallourec shared that its final investment will be up to $48 million.","length":407,"tagName":"p"},{"type":"text","content":"The investment will support Vallourec’s plan to increase capacity to thread VAM® high-torque connections at its main North American production facility in Youngstown. Once operational, the new threading line will create 40 full-time jobs, expand the local supply chain and support the regional energy industry.","length":310,"tagName":"p"},{"type":"text","content":"“Vallourec’s decision to expand its Youngstown operations affirms that Ohio’s strengths in infrastructure, integrated supply chains, and regulatory environment make it a premier destination for companies seeking growth in the North American market,” said Governor Mike DeWine. “The company’s newest investment demonstrates Vallourec’s ongoing confidence in the Mahoning Valley’s proven manufacturing talent.”","length":408,"tagName":"p"},{"type":"text","content":"Vallourec makes seamless pipe—manufactured entirely from recycled scrap metal—that can withstand extreme environments across the energy and industrial sectors. Today’s announcement is part of Vallourec’s broader commitment to U.S. manufacturing, with over $1.5 billion invested in Ohio alone over the past 15 years.","length":315,"tagName":"p"},{"type":"text","content":"“This expansion reflects Vallourec’s long-term vision and continued investment in the U.S. market,” said Chairman and CEO of Vallourec Philippe Guillemot. “By strengthening our industrial base in Youngstown, we are building on the region’s proud manufacturing legacy and supporting all energies with high-performance, locally produced solutions.”","length":346,"tagName":"p"},{"type":"text","content":"Construction is now underway and is expected to be completed by early 2027, with no disruption to current operations. The project has been approved for a tax credit by the Ohio Tax Credit Autho...