Falling Oil Prices Blamed For Layoffs


While consumers are getting a price break at the pumps, the news isn’t great  for 180 employees at Tenaris Algoma Tubes in Sault Ste. Marie who were notified of layoffs to take affect early in the new year.

The news came this morning  to  employees with USW Local 9548 at the west end tube mill.  Union officials say they don’t blame the company due to the falling oil prices globally. The layoffs are expected to be temporary perhaps to the beginning of March.

In a statement issued Wednesday morning the company reported activity levels have dropped in North America due to low oil prices.

The mill is scheduled for shut down during the holiday season from December 24 through to January 5.

Tenaris employees 650 workers.

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Craig Huckerby is a seasoned broadcast and media professional with over 43 years in local media. Starting in television, Craig became known as "the weather guy" on local television before pioneering internet media in the Sault. Craig is credited for bringing local television back to the Sault via the internet in 2003 with LTVNEWS.COM and was instrumental in launching SooNews.ca and Local2.ca. Craig is happy to be part of the Sault's newest media team of ONNtv and SaultOnline.com. Craig has also won numerous International Film awards for director of the documentary, "Was I Next?, The Sean Cribbin Story"


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