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Congressmember Jerry Carl visiting SSAB in Axis, Alabama, in 2021. IPSCO Inc. began as Prairie Pipe Manufacturing Co., Ltd. in Regina, Saskatchewan in 1956, changing its name to Interprovincial Steel and Pipe Corporation, Ltd. in 1960 and IPSCO, Inc. in 1984; [20] [21] the company would later be purchased by SSAB, and is the origin of SSAB's operations in the region.
2008 was marked by the acquisition of US pipe assets and the creation of the American division - TMK IPSCO. The company also established TMK Oilfield Services and acquired TMK-Kaztrubprom (Kazakhstan). In 2009 the TMK European Division was created. It includes TMK Europe, TMK Italia, TMK-Artrom, TMK-Resita.
During Faxander's time as CEO the company expanded heavily and acquired the Canadian steel company IPSCO which transformed the company from being a local Swedish steel producer into a global player in the specialty steel sector. In 2011 Faxander was appointed CEO of the Industrial group Sandvik. His years at Sandvik were characterised by a ...
The Sherwood Industrial Park is also within the RM, which is a home to the steel manufacturer Evraz (formerly IPSCO), agricultural implement manufacturers and dealerships, trucking companies, and medical hazardous waste disposal facilities.
Sutherland worked for 30 years for IPSCO Steel, the last five as president and CEO. [2] [3] In 2008, Sutherland became a main board director of U.S. Steel. [1] [2] In January 2014, he succeeded John P. Surma as chairman of U.S. Steel. [1] Sutherland is a director of GATX and Imperial Oil. [1]
Hwy 11 begins in a moist mixed grassland region known as the Regina Plain ecoregion. Evraz Regina, a North American steel company formerly known as IPSCO, is located in the Sherwood Industrial Park (SIP) north of Regina. [2] [4] The final chapter for the namesake of the Louis Riel Trail occurred in Regina.
In May, a deal to acquire IPSCO steel (of Saskatchewan [22]) for $7.7 billion was announced by SSAB Swedish Steel AB. In June, the ED Smith Income Fund accepted a takeover for CA$217 mn from TreeHouse Foods of Chicago. [23] In July, Rio Tinto acquired Alcan Inc., in a US$38 billion deal. [24]
A list of the top 100 companies includes The Potash Corporation of Saskatchewan, Federated Cooperatives Ltd. and IPSCO. Major Saskatchewan-based Crown corporations are Saskatchewan Government Insurance (SGI) , SaskTel , SaskEnergy (the province's main supplier of natural gas), and SaskPower .