NEW YORK Vallourec Star LP is considering building an $81.5-million pipe-threading facility with two lines on the former site of the U.S. Steel Corp. works in Youngstown, Ohio, according to David Bozanich, finance director for the city.
"Theyre in the final stages of deciding whether theyre wanting to go forward with this or not," Bozanich told AMM, adding that the decision will be made in the next 90 days.
Bozanich said planned construction time for the facility, which is near Vallourec Stars Youngstown steelmaking complex and would employ about 84 people, is about 16 months.
Boulogne-Billancourt, France-based Vallourec SA, Vallourec Stars parent company, which has steelmaking facilities and two oil country tubular goods (OCTG) mills in Youngstown and can produce about 1 million tonnes of predominantly seamless OCTG in North America, declined to comment.
Vallourec Star has threading facilities in Houston and Muskogee, Okla.