Core Insights - Vallourec has committed to investing at least $39 million to expand its operations in Youngstown, Ohio, with a potential total investment of up to $48 million [1][2] - The expansion will increase capacity for threading VAM® high-torque connections and is expected to create 40 full-time jobs, enhancing the local supply chain and supporting the regional energy industry [2][3] - Vallourec's investment reflects confidence in Ohio's manufacturing capabilities and the Mahoning Valley's skilled workforce, with over $1.5 billion invested in Ohio over the past 15 years [3][5] Company Overview - Vallourec is a global leader in premium tubular solutions, specializing in seamless pipes made from recycled scrap metal, designed for extreme environments in the energy and industrial sectors [3][7] - The company employs nearly 2,000 people in North America and is committed to strengthening its industrial base in Youngstown, contributing to the region's manufacturing legacy [5][6] Economic Impact - The expansion project has been approved for a tax credit by the Ohio Tax Credit Authority, and JobsOhio plans to provide additional assistance upon final agreement [4] - The investment is part of a broader trend of growth and modernization in Ohio's advanced manufacturing economy, which ranks 3 in the nation for manufacturing workforce and 4 for manufacturing GDP [5][6]