Job Cuts Announced By IPSCO

News On 6

TULSA, OK -- The economic crisis takes its toll on another Tulsa-area company.  IPSCO-Oklahoma at the Port of Catoosa announced on Wednesday that it will layoff 80 of its employees.
 
IPSCO is a national pipe manufacturer for the oil and gas industry.  The company's Tulsa location currently employes 170 people.

IPSCO blames the layoffs on the reduced activity in the oil and gas business.