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Tenaris ADR Rep 2 Ord Shs T.TS.B


Primary Symbol: TS

Tenaris S.A. is a holding company, which is a steel producer with production facilities in Mexico, Argentina, Colombia, United States and Guatemala. The Company supplies round steel bars and flat steel products for its pipes business. It operates through Tubes business segment. The Tubes segment includes the production and sale of both seamless and welded steel tubular products, and related services primarily for the oil and gas industry, principally oil country tubular goods (OCTG) used in drilling operations, and for other industrial applications with production processes that include in the transformation of steel into tubular products. It operates in geographical areas, such as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Its products and services include OCTG, Premium Connections, Rig Direct, Offshore Line Pipe, Onshore Line Pipe, Hydrocarbon Processing, Power Generation, Sucker Rods, Coiled Tubing, Industrial and Mechanical, and Automotive.


NYSE:TS - Post by User

Bullboard Posts
Post by extremeriskon Apr 07, 2016 6:35am
201 Views
Post# 24739697

in 1992 vaughan print plant opened at cost of $400 million

in 1992 vaughan print plant opened at cost of $400 millionImagine if you built this in 1992 at $400 million and in 2016 some value this only for land value. I think I have been too low in my estimates. Building is 700000 sq feet which would likely cost at least $100 a sq foot to build today. That's 70 million. Printing equipment has very long life. Friends in printing business say most likely buyers are oversees. So this 1992 state of the art at the time is only 25 years old. Good chunk of that original 400 million is equipment. And than you have the land value. Suspect slow sale process to get maximum price on this and original estimates of 25-50 million for this property are way too. low
Bullboard Posts