Tenaris reports no major damage to its industrial sites in South Texas following Hurricane Harvey
LUXEMBOURG--(Marketwired - Aug 31, 2017) - Tenaris S.A. (
The impact on our people has been severe. Out of our 1,320 employees in the Houston area 36% have been displaced. We are in constant contact with them and are providing time and financial assistance at this difficult time.
During this week, our customers' operations in Eagleford were affected by the hurricane, which may have a limited impact on our North American sales for the third quarter.
Some of the statements contained in this press release are "forward-looking statements". Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements.
Tenaris is a leading global supplier of steel tubes and related services for the world's energy industry and certain other industrial applications.
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