CHICAGO--(BUSINESS WIRE)--EVRAZ North America announced it has approved engineering design work and ordering of long-lead time equipment to install a new heat treatment line at its Red Deer, Alberta, Oil Country Tubular Goods facility.
"This project will allow us to better meet the growing need for premium OCTG products by approximately doubling the installed OCTG heat treat capacity in this region" said Conrad Winkler, President and CEO of EVRAZ North America. "This project, along with prior projects that expanded premium threading capacity and increased our premium connections offering, demonstrates our commitment to supporting the evolving requirements of energy exploration companies in North America."
EVRAZ North America plc (the Company) is a wholly owned subsidiary of EVRAZ plc, one of the largest vertically integrated steel and mining businesses in the world. The Company is a leading North American producer of engineered steel products for rail, energy and industrial end markets. The Company has six production sites located in the USA (Portland, Oregon; Pueblo, Colorado) and Canada (Regina, Saskatchewan; Calgary, Camrose and Red Deer, Alberta).
EVRAZ is a registered trademark of EVRAZ Group S.A.