Global Seamless Tubes & Pipes to invest USD 35M to establish its first US production facility in northwest Louisiana and expects to create hundreds of jobs in the region.
Its Louisiana facility will have advanced machinery that integrates both hot-finishing and cold-drawn manufacturing processes in the same unit, positioning the company to meet growing demand better and build a domestic supply chain for North American customers in engineering, oil and gas and power generation sectors, according to a press statement.
The company expects to create 135 direct new jobs in DeSoto Parish. Louisiana Economic Development (LED) estimates the project will result in 251 indirect new jobs, for a total of 386 potential new jobs in the Northwest Region.