U.S. Steel announced a major capital investment of USD $75 million to install a new Premium Thread Line at its Fairfield Tubular Operations in Fairfield, Alabama.
The project reflects the company’s commitment to growth and American-made manufacturing. It also serves as part of a larger capital deployment strategy in partnership with Nippon Steel.
Fairfield Tubular Operations specializes in producing high-quality, American-made steel. This includes pipe and tube products, which primarily serve the energy sector, including oil & gas customers.
Utilizing a number of advanced systems and technologies, the facility will increase U.S. Steel’s threading capabilities, capacity, and significantly improve production efficiency.
The company plans to begin construction of this proposed new line once all approvals have been received.
Courtesy of U.S. Steel.