Current:Home > StocksCharles H. Sloan-$35M investment is coming to northwest Louisiana, bringing hundreds of jobs -CapitalCourse
Charles H. Sloan-$35M investment is coming to northwest Louisiana, bringing hundreds of jobs
Ethermac View
Date:2025-04-08 16:32:10
MANSFIELD,Charles H. Sloan 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! (27)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- NFL Week 17 odds: Moneylines, point spreads, over/under
- Over 50 French stars defend Gérard Depardieu with essay amid sexual misconduct claims
- Florida teen fatally shoots sister after argument over Christmas presents, sheriff says
- Trump invites nearly all federal workers to quit now, get paid through September
- Gypsy Rose Blanchard's release from prison latest twist in shocking Munchausen by Proxy case
- Billie Lourd Shares How She Keeps Mom Carrie Fisher’s Legacy Alive With Kids on Anniversary of Her Death
- Illinois babysitter charged with stabbing 2 young girls is denied pretrial release
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Actors, musicians, writers and artists we lost in 2023
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Surprise, surprise! International NBA stars dominate MVP early conversation once again
- Teddi Mellencamp Gets Shoulder Skin Cut Out in Surgery Amid Cancer Battle
- More cold-case sexual assault charges for man accused of 2003 Philadelphia rape and slaying
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Spoilers! Why Zac Efron 'lost it' in emotional ending scene of new movie 'The Iron Claw'
- Prominent Republican Georgia lawmaker Barry Fleming appointed to judgeship
- Ariana Grande and Boyfriend Ethan Slater Have a Wicked Date Night
Recommendation
Woman dies after Singapore family of 3 gets into accident in Taiwan
The Powerball jackpot now at $685 million: When is the next drawing?
The New York Times sues OpenAI and Microsoft over the use of its stories to train chatbots
Khloe Kardashian Unveils New Family Portrait With Kids True and Tatum
Trump issues order to ban transgender troops from serving openly in the military
Is Caleb Williams playing in the Holiday Bowl? USC QB's status for matchup vs. Louisville
Online retailer Zulily says it will go into liquidation, 'wind-down' the business
1-cent Jr. Bacon Cheeseburger's are available at Wendy's this week. Here's how to get one.