Tenaris Algoma Tubes is providing $2,000 annually to establish a new bursary for eligible students at Sault College.
The Tenaris Global Business Excellence Award will be presented to three second-year students in the global business management program who demonstrate community involvement, teamwork, leadership, work ethic, and strong class participation.
"At Tenaris, we believe education is critical to community development, which is why we’re proud of our ongoing partnership with Sault College,” said Ricardo Prosperi, president for Tenaris in Canada, in an Oct. 3 news release.
“The scholarship represents the transition of Sault Ste. Marie’s future professionals from ‘classroom to career’ by recognizing individuals not only for their academic achievements, but for their dedication and involvement in the community.”
Tenaris manufactures pipes used in the oil and gas industry, and for other industrial applications.
In recent years, the Luxembourg-headquartered company has announced millions in capital expansion funds to retrofit the Sault plant to a pipe manufacturing hub, centralizing all its operations at one facility.
Just last week, the company announced it had spent a cumulative $150 million in plant upgrades since 2019.
The company employs 600 people.
