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Algoma Tubes on hiring spree. (Around: The North).


Sault sault  
n.
A waterfall or rapids.



[Obsolete French, from Old French, leap, waterfall; see somersault.
 Ste. Marie's Algoma Tubes Inc. is expected to hire as many as 110 new employees since reopening Reopening

Treasury offerings of additional amounts of outstanding issues, rather than an entirely new issue. A reopened issue will always have the same maturity date, CUSIP number, and interest rate as the original issue.
 the former Algoma Steel ''See also Algoma (Disambiguation)

Algoma Steel Corporation (TSX: AGA) was founded in 1902 by Francis Clergue, an American entrepreneur who had settled in Sault Ste. Marie, Ontario.
 seamless tube mill two years ago.

The Canadian subsidiary of Siderca, S.A., an Argentine pipe producer, intends to bump up production from 45,000 tonnes annually to 110,000 tonnes and needs more workers.

As Canada's only seamless tube mill, the company has made great strides, gaining a sizable siz·a·ble also size·a·ble  
adj.
Of considerable size; fairly large.



siza·ble·ness n.
 share of the Canadian market previously lost to foreign producers, and intends to take the next step.

Hiring of staff in production and maintenance, many of whom will be unionized, will bring the company's workforce to 326, Besides catering to the domestic oil and gas industry, Algoma Tubes has a just-in-time auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
  • Air filter
  • Automobile self starter
  • Bell housing
  • Brakes
  • Bucket seat
  • Bumper
  • Buzzer
  • Battery
 delivery agreement for assembly lines in Michigan and southern Ontario. Greater production is expected to lead to more U.S. export activity with value-added products such as axles and lamp pipes.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Northern Ontario Business
Article Type:Brief Article
Geographic Code:1CANA
Date:Oct 1, 2002
Words:156
Previous Article:Business survey results revealed. (Around: The North).
Next Article:Brascan acquires generating. (Around: The North).
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