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News  ›  GlobeNewswire Inc.

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

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Vallourec
VALLOUREC ANNOUNCES MULTI MILLION DOLLAR INVESTMENT  IN A NEW PREMIUM THREADING LINE IN YOUNGSTOWN, OHIO

Vallourec is investing $48 million to create a new Premium Threading Line in Youngstown, Ohio, expanding its U.S. manufacturing capabilities and increasing capacity for threading high-torque connections for onshore wells.

Insights
NVDA   positive

Mentioned in context of AI developments, with stock showing positive movement


VLOWY   positive

The company is making a significant $48 million investment to expand operations, create 40 new jobs, and strengthen its position in the U.S. manufacturing and energy markets