Current:Home > Scams$35M investment is coming to northwest Louisiana, bringing hundreds of jobs -ProgressCapital
$35M investment is coming to northwest Louisiana, bringing hundreds of jobs
View
Date:2025-04-16 23:38:06
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! (58)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Cocaine washes ashore near mystery shipwreck that caused massive oil spill in Trinidad and Tobago
- Replacement refs, Messi and Miami, USMNT hopefuls among biggest 2024 MLS questions
- Pennsylvania’s high court sides with township over its ban of a backyard gun range
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- A gender-swapping photo app helped Lucy Sante come out as trans at age 67
- The Best Makeup Removers by Type With Picks From Olivia Culpo, Chloe Bailey, Paige DeSorbo, and More
- Mega Millions winning numbers for Tuesday's drawing as jackpot passes $500 million
- Meta releases AI model to enhance Metaverse experience
- Macaulay Culkin and Kieran Culkin Will Reunite Onscreen—Along With Their 3 Other Brothers
Ranking
- Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
- Some international flights are exceeding 800 mph due to high winds. One flight arrived almost an hour early.
- Harvard condemns student and faculty groups for posting antisemitic cartoon
- Young girl dies after 5-foot deep hole collapses in Florida beach tragedy
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Young girl killed when a hole she dug in the sand collapsed on a Florida beach, authorities said
- 15-year-old goes missing while on vacation in Galveston, Texas; Amber Alert issued
- Election officials in the US face daunting challenges in 2024. And Congress isn’t coming to help
Recommendation
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Mom arrested after Instagram post about 5-year-old daughter helping wax adult clients
Drug-running ring used drones to deliver product inside federal prison: Reports
Greta Gerwig says 'Barbie' movie success 'was not guaranteed'
Police remove gator from pool in North Carolina town: Watch video of 'arrest'
MLB jersey controversy: MLBPA says players are 'frustrated' and want it fixed before season
Machine Gun Kelly reveals massive black tattoo: See the photo
How an Alabama court ruling that frozen embryos are children could affect IVF