TMK IPSCO announces more layoffs at Kentucky pipe mill

Thursday, 07 April 2016 23:53:43 (GMT+3)   |   San Diego
       

TMK IPSCO announced today that it will permanently lay off six workers at its Wilder, Kentucky pipe mill next month. The positions include a project engineer, an industrial engineer and a cost analyst, according to Worker Adjustment and Retraining Notification (WARN) notices.

In January, the company announced plans to lay off 126 employees on a temporary basis, while in July 2015 the company issued WARN notices to 320 workers. No explanation was given for the latest round of layoffs, although the company has blamed poor market conditions for energy pipe in previous announcements.

The company produces high-frequency electric resistant welding (ERW) process steel pipes used in oil and gas extraction and transmission, and reported annual revenues of $1.7 billion in 2014.



Similar articles

Local Chinese steel pipe prices stable or up slightly

25 Apr | Tube and Pipe

Saudi Arabia’s Al Yamamah Steel begins production at newly expanded Jeddah pipe plant

25 Apr | Steel News

Japanese crude steel output up 2.9 percent in March from February

23 Apr | Steel News

US structural pipe and tube exports up 9.9 percent in February

22 Apr | Steel News

US rig count increases slightly while Canadian count plunges again

19 Apr | Steel News

US structural pipe and tube imports down 6.5 percent in February

19 Apr | Steel News

Local Chinese steel pipe prices fluctuate slightly or move sideways

19 Apr | Tube and Pipe

Turkey’s welded pipe exports up 26.3 percent in January-February

17 Apr | Steel News

Austria’s Benteler Steel/Tube to build HR seamless steel tubes threading facility in US

17 Apr | Steel News

Turkey’s Tosçelik to supply LD pipes to Rhine Water Pipeline project in Germany

16 Apr | Steel News