Tenaris announced Friday layoffs for 100 workers at the company’s welding pipe mill in Blytheville, Arkansas. Local media reports cited the price of crude oil hitting a 12-year-low last week as one of the many likely factors in the decision, as drilling activities continue to be scaled back.
Cliff Chitwood, executive director of the Great River Economic Development Foundation, told local news outlets that the state and the county will provide support “as best as they can” to the laid-off workers.