IPSCO Inc. announced an expenditure of $27.5 million on a coil preparation facility and other related enhancements to its large diameter spiral pipe mill operations located in Regina, Saskatchewan. The new prepping area and equipment modifications will improve yield and productivity, as well as increase capacity in excess of 25% from these mills. Upon completion of the project, IPSCO's annual large diameter capacity, which is dependent on varying pipe diameters, may exceed 375,000 tons.
IPSCO operates steel mills at three locations and pipe mills at six locations in the United States and Canada. IPSCO has a combined annual steel making capacity of 3.5 million tons.