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0.0344827586206896 0.0344827586206896 0.0344827586206896 0.0344827586206896 0.0344827586206896 0.0344827586206896 -0.00255427841634733 -0.00255427841634733
Stock impact report

VALLOUREC ANNOUNCES EXPANSION OF YOUNGSTOWN MANUFACTURING OPERATIONS [Yahoo! Finance]

VALLOUREC SA SP/ADR (VLOWY) 
Company Research Source: Yahoo! Finance
Mike DeWine, JobsOhio, Lake to River Economic Development, the Youngstown/Warren Regional Chamber, and Vallourec, a world leader in premium tubular solutions, announced today it has committed to investing at least $39 million to expand the company's operations in Youngstown. Vallourec shared that its final investment will be up to $48 million. The investment will support Vallourec's plan to increase capacity to thread VAM® high-torque connections at its main North American production facility in Youngstown. Once operational, the new threading line will create 40 full-time jobs, expand the local supply chain and support the regional energy industry. “Vallourec's decision to expand its Youngstown operations affirms that Ohio's strengths in infrastructure, integrated supply chains, and regulatory environment make it a premier destination for companies seeking growth in the North American market,” said Governor Mike DeWine. “The company's newest investment demonstrates Vallourec's ong Show less Read more
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