Current:Home > Scams$35M investment is coming to northwest Louisiana, bringing hundreds of jobs -NextWave Wealth Hub
$35M investment is coming to northwest Louisiana, bringing hundreds of jobs
View
Date:2025-04-15 11:52:58
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! (27427)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- On the Wisconsin-Iowa Border, the Mississippi River Is Eroding Sacred Indigenous Mounds
- 19 Things Every Grown-up Bathroom Should Have
- 'Thank God': Breonna Taylor's mother reacts to Brett Hankison guilty verdict
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Horoscopes Today, November 1, 2024
- Opinion: What is Halloween like at the White House? It depends on the president.
- Getting Out the Native Vote Counters a Long History of Keeping Tribal Members from the Ballot Box
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Federal Regulators Waited 7 Months to Investigate a Deadly Home Explosion Above a Gassy Coal Mine. Residents Want Action
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- New York Red Bulls eliminate defending MLS Cup champion Columbus Crew in shootout
- Remains of naval aviators killed in Washington state training flight to return home
- Trump will rally backers every day until the election in North Carolina, a swing state he won twice
- Trump issues order to ban transgender troops from serving openly in the military
- 4 easy ways to find, enjoy scary stories this Halloween: Video
- Do all Americans observe daylight saving time? Why some states and territories don't.
- Georgia judge rejects GOP lawsuit trying to block counties from accepting hand-returned mail ballots
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
What time do stores open on Black Friday? Hours for TJ Maxx, Home Depot, IKEA, more
Tim Kaine, Pete Davidson cameo on 'SNL' after surprise Kamala Harris appearance
Police in Michigan say 4 killed, 17 injured after semitruck crashes into vehicles stuck in traffic
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Watching Over a Fragile Desert From the Skies
Horoscopes Today, October 31, 2024
Horoscopes Today, November 1, 2024