Current:Home > Markets$35M investment is coming to northwest Louisiana, bringing hundreds of jobs -WealthRoots Academy
$35M investment is coming to northwest Louisiana, bringing hundreds of jobs
View
Date:2025-04-27 06:11:17
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! (7)
Related
- This was the average Social Security benefit in 2004, and here's what it is now
- Former Sen. Joe Lieberman, Democrats’ VP pick in 2000, dead at 82
- Talks on luring NHL’s Capitals and NBA’s Wizards to Virginia are over, city of Alexandria says
- The Best Concealers for Every Skin Concern According to a Makeup Artist, From Dark Spots to Blemishes
- Sonya Massey's father decries possible release of former deputy charged with her death
- Man arrested after multiple women say they were punched in face while walking on NYC streets
- Baltimore bridge collapse reignites calls for fixes to America's aging bridges
- Former correctional officer at women’s prison in California sentenced for sexually abusing inmates
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Looking at a solar eclipse can be dangerous without eclipse glasses. Here’s what to know
Ranking
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- TikTok is under investigation by the FTC over data practices and could face a lawsuit
- 4 people killed and 5 wounded in stabbings in northern Illinois, with a suspect in custody
- Jill Biden wrote children’s book about her White House cat, Willow, that will be published in June
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Massachusetts, Rhode Island and Connecticut receive proposals for offshore wind projects
- Lou Whittaker, among the most famous American mountaineers, has died at age 95
- Who is Nicole Shanahan, Robert F. Kennedy Jr.'s new running mate?
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Julia Fox's Latest Look Proves She's Redefining How to Wear Winged Eyeliner Again
Baltimore bridge collapse: Ships carrying cars and heavy equipment need to find a new harbor
Baltimore Orioles' new owner David Rubenstein approved by MLB, taking over from Angelos family
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Tour group of 33 stranded kayakers, including children, rescued from cave on Tennessee lake
When is the 2024 total solar eclipse? Your guide to glasses, forecast, where to watch.
Missouri boarding school closes as state agency examines how it responded to abuse claims