Current:Home > Stocks$35M investment is coming to northwest Louisiana, bringing hundreds of jobs -ChatGPT
$35M investment is coming to northwest Louisiana, bringing hundreds of jobs
View
Date:2025-04-16 02:44:27
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! (4)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Iowa starting quarterback Cade McNamara out for rest of 2023 season with ACL injury
- Elon Musk is being sued for libel for accusing a man of having neo-Nazi links
- Damian Lillard, Jrue Holiday and the ripple effect that will shape the 2023-24 NBA season
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Snoop Dogg calls Deion Sanders, wants to send message to new star receiver at Colorado
- A 13-foot, cat-eating albino python is terrorizing an Oklahoma City community
- Syria says Israeli airstrikes in an eastern province wounded 2 soldiers
- Stamford Road collision sends motorcyclist flying; driver arrested
- Zimbabwe’s opposition boycotts president’s 1st State of the Nation speech since disputed election
Ranking
- Current, future North Carolina governor’s challenge of power
- Key dates for 2023-24 NHL season: When is opening night? All-Star Game? Trade deadline?
- Feds target international fentanyl supply chain with ties to China
- Got packages to return? Starting Wednesday, Uber drivers will mail them
- Trump issues order to ban transgender troops from serving openly in the military
- New Mexico Attorney General has charged a police officer in the shooting death of a Black man
- Is Rob McElhenney copying Ryan Reynolds? 'Always Sunny' stars launch new whiskey
- Defense attorney claims 'wrong man' on trial in 2022 slayings of New Hampshire couple
Recommendation
Taylor Swift makes surprise visit to Kansas City children’s hospital
BET Hip-Hop Awards 2023: DJ Spinderella, DaBaby, Fat Joe, Coi Leray, more walk red carpet
A 13-foot, cat-eating albino python is terrorizing an Oklahoma City community
Scientists determine the cause behind high rates of amphibian declines
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
US appeals court to hear arguments over 2010 hush-money settlement of Ronaldo rape case in Vegas
Woman who planned robbery of slain college student while friend posed as stranded motorist convicted of murder
EVs killed the AM radio star