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Friday, February 7, 2020

New Owner of Wilder Steel Plant Announces Closure, Layoffs

Wilder Mayor Robert Arnold addresses a recent city council meeting.
by Robin Gee, city council beat editor

About 114 employees of the former Ipsco Tubulars plant in Wilder will face layoffs effective April 5. The plant was recently purchased by Luxembourg-based manufacturer Tenaris S.A., but the company issued a statement that it had decided to suspend operations at the plant.

Tenaris is a leading supplier of tubes and related services for the energy industry. The Wilder plant manufactured welded tubes used in the oil and gas, transportation and related industries. Upon issuing a Workers Adjustment and Retraining Notice (WARN) this week, the company informed the city of Wilder officials the decision was based on a downturn in demand for the products produced by the plant.

Wilder Mayor Robert Arnold said, "At this time, we are optimistic that this demand will return, and we look forward to working with Tenaris employees in the future."

The plant has seen downturns before, shuttering in 2017 only to be revived the following year. The facility has been in area since the 1800s when it began as Andrews Steel.

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