Current:Home > Finance$35M investment is coming to northwest Louisiana, bringing hundreds of jobs -EverVision Finance
$35M investment is coming to northwest Louisiana, bringing hundreds of jobs
Charles Langston View
Date:2025-04-09 13:50:32
MANSFIELD, La. (AP) — An India-based pipe manufacturing company plans to bring its first U.S. production facility to northwest Louisiana, state officials said.
Global Seamless Tubes and Pipes’ $35 million project will bring 135 direct new jobs to DeSoto Parish and more than 250 indirect jobs to the area, Louisiana Economic Development said in a news release Thursday.
“As a natural gas hub and a key player in the international energy supply chain, Louisiana is a natural choice for our second production facility, our first in the Western Hemisphere,” Global Seamless President A.R. Biswas said.
Biswas added that the new plant will allow them to serve customers with a local supply chain.
“This investment will promote growth in our rural communities while providing support to Louisiana’s oil and gas industry,” LED Secretary Susan B. Bourgeois said.
The company is a leading manufacturer and exporter of carbon, alloy and stainless-steel cold drawn and hot finish seamless tubes and pipes, the release said. It exports to industry customers in more than 10 countries worldwide.
“This project will breathe new life into what was once a thriving manufacturing facility located in Mansfield and provide our residents with more career opportunities,” DeSoto Parish Police Jury Parish Administrator Michael Norton said. “We look forward to this project and the possibilities it will provide for the community and the good people with Global Seamless Tubes and Pipes.”
Engineering and design of the former Hensley Industries facility is currently underway, with construction and installation of the first production line expected to follow shortly after. The company estimates commercial operations to start by the end of the year.
“This venture will spark our local economy and bring needed quality jobs to this community. We will definitely embrace our new business owners and work with them to make this a smooth transition,” Mansfield Mayor Thomas Jones, Jr. said.
veryGood! (9)
Related
- Current, future North Carolina governor’s challenge of power
- 'All the Beauty and the Bloodshed' chronicles Nan Goldin's career of art and activism
- Enbridge’s Kalamazoo River Oil Spill Settlement Greeted by a Flood of Criticism
- California child prodigy on his SpaceX job: The work I'm going to be doing is so cool
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- House Bill Would Cut Clean Energy and Efficiency Programs by 40 Percent
- How seniors could lose in the Medicare political wars
- Exxon Relents, Wipes Oil Sands Reserves From Its Books
- What do we know about the mysterious drones reported flying over New Jersey?
- Charles Silverstein, a psychologist who helped destigmatize homosexuality, dies at 87
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Kid YouTube stars make sugary junk food look good — to millions of young viewers
- Another Cook Inlet Pipeline Feared to Be Vulnerable, As Gas Continues to Leak
- Prince Harry Shared Fear Meghan Markle Would Have Same Fate As Princess Diana Months Before Car Chase
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Woman arrested after allegedly shooting Pennsylvania district attorney in his office
- Biden set his 'moonshot' on cancer. Meet the doctor trying to get us there
- Supreme Court rejects challenges to Indian Child Welfare Act, leaving law intact
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Taylor Lautner “Praying” for John Mayer Ahead of Taylor Swift’s Speak Now Re-Release
Woman, 8 months pregnant, fatally shot in car at Seattle intersection
The Biggest Bombshells From Anna Nicole Smith: You Don't Know Me
Dick Vitale announces he is cancer free: 'Santa Claus came early'
And Just Like That... Season 2 Has a Premiere Date
Some electric vehicle owners say no need for range anxiety
5 dogs killed in fire inside RV day before Florida dog show