Tenaris is proceeding with a $306 million expansion of its industrial hub, a project the federal and Ontario governments say will strengthen Canada’s domestic steel supply chain.
According to the company, the plan is to expand production, add a larger range of pipes and upgrade existing equipment.
“Tenaris steel pipes, which are manufactured in Ontario and delivered through our Rig Direct service network to oil and gas operators across the country, enable Canadian energy sovereignty,” said Martin Castro, President of Tenaris in Canada. “Today’s achievement builds on the momentum to expand Canada’s domestic supply chain for OCTG and pipelines,” he added.
This investment was supported by the federal government’s Strategic Response Fund and the Invest Ontario Fund.
Mélanie Joly, federal industry minister, called the steel industry a cornerstone of Canada’s economic strength. “At a time of rising tariffs and trade uncertainty, our government’s investment in Tenaris strengthens local manufacturing, creates good-paying jobs and delivers real and lasting benefits to the region and Canada.”
Ontario Premier Doug Ford added, “Our government will continue to advocate for workers in industries impacted by tariffs here in Sault Ste. Marie and across Ontario by diversifying our economy, finding new trading partners and supporting new pipelines, rail lines and other projects that use Ontario steel to open new markets for Ontario products around the world.”
The company employs approximately 1,200 people across Canada, including about 800 in Sault Ste. Marie, Ontario, where its industrial center is located.
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