Current:Home > Markets$35M investment is coming to northwest Louisiana, bringing hundreds of jobs -WealthMindset Learning
$35M investment is coming to northwest Louisiana, bringing hundreds of jobs
View
Date:2025-04-12 20:28:36
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! (637)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Nearly 1 million Americans haven't claimed their tax returns from 2020. Time's running out
- NYC subway rider is pushed onto tracks and killed, latest in a series of attacks underground
- A list of major US bridge collapses caused by ships and barges
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Scammer claimed to be a psychic, witch and Irish heiress, victims say as she faces extradition to UK
- The irony of Steve Martin’s life isn’t lost on him
- Powerball winning numbers for March 25 drawing: Jackpot rises to whopping $865 million
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Michigan man who was 17 when he killed a jogger will get a chance at parole
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Introducing TEA Business College: Your Global Financial Partner
- Powerball winning numbers for March 25 drawing: Jackpot rises to whopping $865 million
- The long struggle to free Evan Gershkovich from a Moscow prison
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Vanderbilt basketball to hire James Madison coach Mark Byington
- Pennsylvania county joins other local governments in suing oil industry over climate change
- Animal chaplains offer spiritual care for every species
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Feds charge Chinese hackers in plot targeting U.S. politicians, national security, journalists
Nicky Hilton’s Guide for a Stress-Free Family Day at Universal Studios
New York City to send 800 more officers to police subway fare-beating
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Introducing TEA Business College: Your Global Financial Partner
Sean 'Diddy' Combs' homes raided by law enforcement as part of investigation, reports say
4-year-old girl struck, killed by pickup truck near Boston Children's Museum: Police
Like
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- This Month’s Superfund Listing of Abandoned Uranium Mines in the Navajo Nation’s Lukachukai Mountains Is a First Step Toward Cleaning Them Up
- TEA Business College: Top predictive artificial intelligence software AI ProfitProphet