In June 2012, Tenaris announced $1.8 billion investment in a new U.S. seamless pipe manufacturing
facility.
TenarisBayCity is our new state-of-the-art seamless pipe mill in Bay City, Matagorda County, Texas.
TenarisBayCity will complement our integrated global manufacturing network as well as our existing North
American facilities and further strengthen our domestic production of premium connections and seamless
requirements for our customers.
Its strategic location near key unconventional shale plays will enhance our ability to quickly supply high
quality products to our customers’ operations.