French pipe manufacturer Vallourec will build a new $650 million state-of-the-art small diameter rolling mill in Youngstown, OH.

French pipe manufacturer Vallourec will build a new $650 million state-of-the-art small diameter rolling mill in Youngstown, OH. This decision is supported by the long-term development of unconventional gas production in the U.S., which is driving increased demand for small diameter OCTG tubes. Operations are expected to start by the fourth quarter 2011.

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