# Tenaris to invest $306M in Sault Ste. Marie steel pipe plant expansion

Tenaris announced a $306 million investment to modernize and expand its steel pipe operations in Sault Ste. Marie, Ontario, creating up to 200 new jobs and increasing manufacturing output by 80%.

- Type: Expansion
- Announced: 2026-05-01
- Where: Sault Ste. Marie, Ontario, Canada
- Value: $306.0M
- Jobs: 200
- Status: announced
- Capacity: 80% increase in manufacturing output
- Products: seamless oil country tubular goods (OCTG), steel pipe products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Tenaris](https://endata.com/companies/2544.md)

## Sources

- [news.ontario.ca](https://news.ontario.ca/en/release/1007493/ontario_welcomes_306_million_steel_manufacturing_investment_by_tenaris_in_sault_ste_marie), 2026-05-22: "Tenaris' investment in Sault Ste. Marie is a strong vote of confidence in Ontario's world-class workers, and in our plan to protect Ontario by building a more competitive and resilient economy."
- [perspective.ca](https://perspective.ca/tenaris-sault-ste-marie-investment/), 2026-06-22: "Tenaris will invest $306 million to modernize and expand its manufacturing operations in Sault Ste. Marie"
- [todayville.com](https://www.todayville.com/ontario-steel-expansion-highlights-prosperity-powered-by-canadian-energy/), 2026-09-05: "Tenaris announced a landmark $306 million investment to expand its Sault Ste. Marie operations"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.