YOUNGSTOWN, Ohio (WKBN) — The shale boom is being credited for the expansion of a Youngstown pipe company.
DNV Energy, which operates Youngstown Pipe and Steel, plans a $1.5 million expansion at its Wilson Avenue plant. The company will spend more than $900,000 to buy new machinery and equipment.
The company also is seeking a $100,000 grant from the Youngstown Economic Initiative Committee for the project. But because the company is located on land that is partially in Campbell, city officials want to talk to Campbell officials before approving the grant.
DNV provides drilling operations with steel products, pipe valves and fittings, hoses and couplings, lubricants and miscellaneous drilling supplies. In addition, the company fabricates equipment to serve and clean the pipeline as well as to filter water.