Current:Home > Invest$35M investment is coming to northwest Louisiana, bringing hundreds of jobs -Horizon Finance School
$35M investment is coming to northwest Louisiana, bringing hundreds of jobs
View
Date:2025-04-14 11:23:33
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! (482)
Related
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Men who died in Oregon small plane crash were Afghan Air Force pilots who resettled as refugees
- Consider this before you hang outdoor Christmas lights: It could make your house a target
- Jury convicts boy and girl in England of murdering transgender teenager in frenzied knife attack
- Meta donates $1 million to Trump’s inauguration fund
- Community Health Network to pay government $345M to settle Medicare fraud charges
- How UPS is using A.I. to fight against package thefts
- Trump defends controversial comments about immigrants poisoning the nation’s blood at Iowa rally
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Find Your Signature Scent at Sephora's Major Perfume Sale, Here Are 8 E! Shopping Editors Favorites
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- News helicopter crashes in New Jersey, killing pilot and photographer, TV station says
- Neighbors describe frantic effort to enter burning Arizona home where 5 kids died: Screaming at the tops of our lungs
- Find Your Signature Scent at Sephora's Major Perfume Sale, Here Are 8 E! Shopping Editors Favorites
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- If You Don’t Have Time for Holiday Shopping, These Gift Cards Are Great Last-Minute Presents
- Men who died in Oregon small plane crash were Afghan Air Force pilots who resettled as refugees
- Detroit police officer faces charges after punch of 71-year-old man turns fatal
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Deep flaws in FDA oversight of medical devices — and patient harm — exposed in lawsuits and records
Rome court convicts far-right activists for storming union offices to oppose COVID vaccine passes
Lawsuit alleges Wisconsin Bar Association minority program is unconstitutional
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Live updates | Talks on Gaza cease-fire and freeing more hostages as Hamas leader is in Egypt
States are trashing troves of masks and pandemic gear as huge, costly stockpiles linger and expire
Cameron Diaz denies feuding with Jamie Foxx on 'Back in Action' set: 'Jamie is the best'