BAY CITY, Texas (FOX 26)
Monday marked a milestone moment for Tenaris Bay City. The $1.8 billion facility held its inauguration ceremony. It will be a leading producer of seamless pipes for the oil and gas industry, not only in Texas but throughout the world.
"What we are doing now in Bay City and how we grow together in the Bay City community will also support and help grow Tenaris in the U.S. for a very long time," says Paolo Rocca, Tenaris chairman and chief executive officer.
"With this $1.8 billion dollar investment, Tenaris is building the most advanced pipe manufacturing facility in the world, adding hundreds of manufacturing jobs with the payroll of almost $40 million dollars," says Texas Governor Greg Abbott.
Former Texas Governor, now Secretary of Energy Rick Perry, also spoke at the facility. He was Governor when the facility was in its concept stages and oversaw the beginning of its construction in 2013.
"This company will continue to play a role in our American energy revolution and revival," says Secretary of Energy Rick Perry
Tenaris Bay City spans across 27 acres and employs around 600 people, with salaries averaging to be around $65,000 a year. The company produces state of the art products, uses robotics, has eco-friendly policies and has the capability of producing 600,000 thousand tons of steel pipe each day.