Current:Home > My$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:2025-04-24 21:33:19
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! (17)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- College football record projections for each Power Five conference
- Princess Diana Honored by Brother Charles Spencer on Anniversary of Her Death
- ‘Still grieving’: Virginia football ready to take the field, honor 3 teammates killed last fall
- Trump wants to turn the clock on daylight saving time
- More than 60 gay suspects detained at same-sex wedding in Nigeria
- Mississippi candidate for attorney general says the state isn’t doing enough to protect workers
- Ohio lawmaker stripped of leadership after a second arrest in domestic violence case
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Meet Merman Mike, California's underwater treasure hunter and YouTuber
Ranking
- The Super Bowl could end in a 'three
- A man convicted this month of killing his girlfriend has escaped from a Pennsylvania prison
- Nick Carter of Backstreet Boys facing civil lawsuits in Vegas alleging sexual assault decades ago
- Houston Cougars football unveils baby blue alternate uniforms honoring Houston Oilers
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Circle K has a 30-cent discount per gallon of gas on Thursday afternoon. How to get it.
- Judge rules suspect in Ralph Yarl shooting will face trial
- USA TODAY Sports staff makes college football picks: Check out the predictions for 2023
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Trump-era rule change allowing the logging of old-growth forests violates laws, judge says
A drought, a jam, a canal — Panama!
Families face waiting game in Maui back-to-school efforts
Nevada attorney general revives 2020 fake electors case
UEFA Champions League draw: Group stage set for 2023-24 tournament
'Tragic': Critically endangered Amur tiger dies in 'freak accident' at Colorado zoo
Is beer sold at college football games? Here's where you can buy it during the 2023 season