Marcellus Slowdown Causes Pittsburgh Pipe Plant to Close for 1 Mo

The slowdown in drilling in the Marcellus (and Utica) continues to reverberate and affect supply chain companies that depend on the industry for part or all of their livelihood. The latest example is TMK IPSCO, a pipe manufacturing plant located near Pittsburgh. Last year the company laid off 10% of its workforce. This year? They're going to "take advantage" of the slow down by shutting the plant down for an entire month, to perform upgrades. The upgrades will allow the plant to do even better when drilling activity picks up again, but in the meantime, a one-month forced/unpaid "vacation" for workers will hurt...

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