Current:Home > reviewsSafeX Pro:$35M investment is coming to northwest Louisiana, bringing hundreds of jobs -Infinite Edge Capital
SafeX Pro:$35M investment is coming to northwest Louisiana, bringing hundreds of jobs
SignalHub Quantitative Think Tank Center View
Date:2025-04-08 02:25:14
MANSFIELD,SafeX Pro 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! (2)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Mexico offers escorted rides north from southern Mexico for migrants with US asylum appointments
- What's open and closed on Labor Day? Details on stores, restaurants, Walmart, Costco, more
- NASA sets return date for empty Starliner spacecraft, crew will remain in space until 2025
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Scottie Scheffler career earnings: FedEx Cup winner banks massive payout
- Venice Film Festival welcomes Pitt and Clooney, and their new film ‘Wolfs’
- Abilene Christian University football team involved in Texas bus crash, leaves 4 injured
- Current, future North Carolina governor’s challenge of power
- Texas A&M vs Notre Dame score today: Fighting Irish come away with Week 1 win at Aggies
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Sinaloa drug kingpin sentenced to 28 years for trafficking narcotics to Alaska
- Get 50% Off Ariana Grande Perfume, Kyle Richards' Hair Fix, Paige DeSorbo's Lash Serum & $7 Ulta Deals
- Gaudreau’s wife thanks him for ‘the best years of my life’ in Instagram tribute to fallen NHL player
- Military service academies see drop in reported sexual assaults after alarming surge
- District attorney’s progressive policies face blowback from Louisiana’s conservative Legislature
- California lawmakers approve legislation to ban deepfakes, protect workers and regulate AI
- NHL star's death shocks the US. He's one of hundreds of bicyclists killed by vehicles every year.
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
4 men fatally shot in Albuquerque; 1 person in custody
US wheelchair rugby team gets redemption, earns spot in gold-medal game
Gilmore Girls' Kelly Bishop Reacts to Criticism of Rory Gilmore's Adult Storyline
Grammy nominee Teddy Swims on love, growth and embracing change
Chicago Sky forward Angel Reese sets WNBA single-season rebounds record
School is no place for cellphones, and some states are cracking down
Is Usha Vance’s Hindu identity an asset or a liability to the Trump-Vance campaign?