V&M Star |
V&M Star V&M Star Announces Expansion
February 15, 2010 marked a significant day in the Youngstown-Warren, Ohio area when V&M Star, with its parent company Vallourec & Mannesmann of Paris, France, announced a $650 million investment to build a state-of-the art small diameter rolling mill in Youngstown, Ohio and create 350 direct high-paying jobs in advanced manufacturing. V&M produces seamless steel tubing used in the gas and oil industry in its current mill in Youngstown. With the discovery of the Marcellus Shale, the 1 million square foot mill expansion is poised to meet the anticipated demand for shale drilling. The project, one of the largest in the nation, is the biggest boost to the economy in the Valley in more than 30 years. Follow the expansion at the company's website: vmstar.com V&M Star Purchases Indalex Property
Obscured by the news of the $650 million mill expansion, V&M Star also invested nearly $3 million to acquire the former Indalex property. The site will be used for construction offices and a staging area. |
vam-usa |
VAM-USA V&M - In Partnership with VAM USA - Invests $57 Million in a new pipe finishing plant. Houston-based VAM company plans to hire 100 new workers by 2013. The company will produce finished goods for its customers, utilizing steel from V&M's nearby pipe mill. (Nov. 2011) |
TMK-IPSCO |
TMK-IPSCO A division of TMK-IPSCO, Ultra Premium Oilfield Services moved into a facility in Brookfield as a direct response to the growing demand for infrastructure at Marcellus well sites. Ultra Premium produces high grade steel casings used in the drilling process and plans to produce up to 100,000 tons of threaded pipe annually. TMK-IPSCO stated that the Brookfield site was chosen in part because of the location, local industrial infrastructure, economics and support of the governments and business development entities. The company, which invested $10 million into the project, will initially employ 50 workers but plans to expand to 120 within two years.
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Patriot Water Treatment |
Patriot Water Treatment Patriot Water Treatment LLC, one of the many companies capitalizing on opportunities presented by the Marcellus Shale and Utica Shale fields, treats water used in the fracking process to access the shale fields' oil and gas deposits. The company opened the first of four regional water treatment plants late December 2010 and has been accepting water for treatment at its Warren Commerce Park facility. The Warren plant currently has 15 workers. Warren is located "right in the middle of the gas play that's here" in the Marcellus and Utica deposit regions and provided a "great employment base" to hire from, Patriot's president Andrew Blocksom said. The plant, permitted to treat 100,000 gallons of water per day, has the capacity to treat up to 300,000 gallons daily. If Ohio EPA grants a permit for the plant to run to full capacity, employment could grow to 35. The bulk of the jobs generated by the plants -- additional facilities are planned for Ashtabula, East Liverpool and Steubenville -- would be in trucking. The four plants, once up and operating, could generate 400 to 600 jobs in all, Blocksom said. |
Wheatland Tube |
Wheatland Tube Wheatland Tube Co., a division of the John Maneely Co., is investing $11.4 million into its plant in Howland to help increase the production of pipe used in the exploration of natural gas in the Marcellus and Utica shale. With an Ohio Job Creation Tax Credit, the company will add 20 new jobs. Wheatland is stepping up production of its oil country tubular goods in a bid to increase market share in the natural gas-exploration market. The company is also doubling the size of their Wheatland, PA, plant. Both investments enable Wheatland to expand its size range capability in the products, which are used in a variety of applications: agricultural equipment, automotive parts, hydraulic equipment, fluid power applications and machined parts. Customers will now be able to source a complete range of mechanical tubing products from Wheatland Tube as it increases its production capacity within its existing size range and produces larger sizes. |
Dearing Compressor & Pump |
Dearing Compressor & Pump As supplier of pumps and compressors used in the drilling process, Dearing Compressor sees Marcellus gas exploration as a great opportunity. The manufacturer is investing $3 million to build a 50,000 sq ft expansion to its existing facility and planning to add 20 to 25 new jobs. This development marks the third time the industrial compressor company has expanded in the past ten years. The company currently employs 100 workers. |
DE-CAL |
DE CAL De-CAL Inc., a mechanical contracting firm based in Warren, Michigan, recently began operations in the Mahoning Valley. De-CAL specializes in designing, engineering and installing mechanical piping and processing systems for industrial, commercial and health care customers and is in the midst of installing several underground systems in the expansion of V&M Star's plant under construction in Youngstown and Girard. The company occupies a 20,200 square-foot building within the Ohio Works Industrial Park and has created 30 new jobs as a result of its $1.3 million investment. |
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exterran |
Exterran Exterran, a global leader in oil and gas services, is investing $13 million into a 65,000 sq ft manufacturing facility located in Youngstown's Salt Springs Industrial Park. The new plant will produce equipment used to treat and process natural gas and oil after it is extracted from the ground. The company plans to hire 103 workers. |
weatherford |
Weatherford International LTD Weatherford International Ltd expects to begin operations in September 2012 in a 153,000 sq ft facility in Youngstown. The company has announced plans to locate a "multiphase operations facility offering a wide variety of products and services that span the lifecycle of a well - drilling, evaluation, completion, production and intervention." About 150 new positions will be created with the new operation. |
valerus |
Valerus Valerus, one of the world's leading providers of oil and gas handling and processing solutions, has partnered with Youngstown-owned Brilex Industries to manufacture oil and gas production equipment for building surface facilities operating in the Marcellus and Utica shale plays. The partnership will create 30 new jobs. |