Highlights of Vallourec Star’s expansion in Youngstown:
September 2008: Vallourec (then called V&M Star) and Ohio Environmental Protection Agency officials begin discussions on an expansion project near the company’s location on Martin Luther King Jr. Boulevard in Youngstown, near the Girard line.
December 2008: Youngstown signs purchase option deals with three companies to provide about 125 acres for Vallourec’s proposed expansion. The company agrees to reimburse the city for the purchases, which cost about $5 million.
March 2009: Vallourec delays its decision on the expansion project till early 2010. The company had expected to decide by September 2009. Facing financial struggles, the company laid off about 50 local workers and cut the hours of most of its other employees.
November 2009: Then-Youngstown Mayor Jay Williams meets in Paris with Vallourec official, and says the meeting went well and the Mahoning Valley location is the company’s preferred site for an expansion.
February 2010: Vallourec announces it is building its expansion facility in Youngstown. The project had an initial price tag of $650 million, but ends up costing the company $1.1 billion.
November 2011: VAM USA LLC, a Vallourec subsidiary, announces it will invest $57 million in a pipe-thread plant at the former Indalex Inc. site in Girard. It was never built.
October 2012: The $1.1 million Vallourec Star expansion facility produces its first steel pipe at the facility.
September 2013: Vallourec buys the former Genmak Steel building in Youngstown’s Ohio Works Business Park for $2.5 million.
January 2014: VAM USA LLC considers an $81.5 million finishing-mill project in Ohio Works at Genmak facility and an additional 67,500 square feet nearby.
Source: Vindicator files