VALLOUREC ANNOUNCES MULTI MILLION DOLLAR INVESTMENT IN A NEW PREMIUM THREADING LINE IN YOUNGSTOWN, OHIO

Core Insights - Vallourec announced a $48 million investment to expand operations in Youngstown, Ohio, as part of a broader commitment to U.S. manufacturing, totaling over $1.5 billion invested in the U.S. over the past 15 years [1][2]. Investment Details - The investment will create a new Premium Threading Line within Vallourec's existing operations, enhancing its competitive position in the Oil Country Tubular Goods (OCTG) market in the U.S. [2] - The new line will increase capacity to thread VAM® high-torque connections, which are increasingly utilized in onshore wells with long laterals [2]. Construction and Employment Impact - Construction began in July 2025 and is expected to be completed by early 2027, with no disruption to current operations [3]. - Once operational, the new line will create 40 full-time-equivalent positions and expand the local supply chain, supporting the regional energy industry [3]. Company Overview - Vallourec North America is a fully integrated supplier of 100% Made in America seamless tubes, focusing on high-performance tubular solutions for energy and industrial sectors [4]. - The company emphasizes a strong circular economy approach, manufacturing seamless tubes entirely from recycled scrap metal [4]. - Vallourec's North American headquarters are located in Houston, Texas, with its main production facility in Youngstown, Ohio, employing nearly 2,000 people in North America [5]. Leadership Statement - Philippe Guillemot, Group Chairman and CEO, highlighted that the expansion reflects Vallourec's long-term vision and commitment to the U.S. market, reinforcing the region's manufacturing legacy [6].