India-Based Welspun Tubular Expands Little Rock, Arkansas, Operations
11/18/2024
The investment will include the expansion and upgrade of the company's pipe portfolio. Production is scheduled for the first quarter of 2026.
“This investment will enable us to further expand our leadership position in the oil and gas segment in North American market by enriching our product portfolio. Our outlook for the USA market remains extremely positive,” said Vipul Mathur, Managing Director and CEO, Welspun Corp Limited.
Welspun Tubular LLC is a provider of line pipe solutions including High Frequency Welded pipe, Submerged arc Welded Helical pipe, internal and external coating, logistics and yard and project management services.
“Foreign direct investment is a key part of our economic development strategy in Arkansas, and it has paid off today with a significant investment from Welspun Tubular,” noted Clint O’Neal, Executive Director of the Arkansas Economic Development Commission (AEDC). “Thank you to the leadership team at Welspun for your investment and your confidence in Arkansas, we look forward to seeing your continued growth at the Port of Little Rock.”
“The Chamber maintains a decades-long relationship with Welspun, dating back to the work it took to land the company’s first investment in 2007,” added Jay Chesshir, President and CEO of the Little Rock Regional Chamber. “Welspun and its executives have become more than colleagues, they have become friends, and we thank them for this latest announcement, a significant investment that will impact hundreds of lives across our region.”
Project Announcements
Amgen Expands New Albany, Ohio, Manufacturing Operations
04/28/2025
United Kingdom-Based Balmoral Tanks Plans Mentor, Ohio, Operations
04/28/2025
E & E Hardwoods Expands Bell County, Kentucky, Saw Mill Operations
04/27/2025
Aegis Sortation Expands Louisville, Kentucky, Operations
04/26/2025
Process Machinery Expands Shelby County, Kentucky, Production Operations
04/26/2025
HL Mechatronics Expands Williams Township, Michigan, Operations
04/26/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
The Location Economics of Advanced Nuclear
Q1 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Forging Solid Foundations
Q1 2025