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Welspun-Gujarat
Stahl Rohren Ltd plans to build a manufacturing facility
in Little Rock, Arkansas, USA, on a 140-acre site adjacent
to the Little Rock Port authority.
The
$100 million facility, once completed, will be capable
of 300,000 net tons of tubular steel pipes annually for
use in the oil and gas industry. The company will hire
about 300 workers and hopes to bring production by spring
2008.
"This
is a great day for Arkansas," said governor Mike
Beebe. "Welspun could have chosen many other locations
for their investments, and they chose Arkansas. Our workforce,
infrastructure and the natural benefits of the Arkansas
River convinced Welspun to become our partners in progress.
We welcome these great manufacturing jobs".
B
K Goenka, Vice chairman and managing director, Welspun-Gujarat
Stahl Rohren, said, "We are happy to be here at Little
Rock today, which has the advantage of a talented workforce,
the right transportation opportunities and above all,
the right geographical location. We look forward to a
long and prosperous future as partners in Little Rock."
The
company has its manufacturing facilities in Dahej and
Anjar in Gujarat, India.
With
majority of its production exported to the US, Welspun-Gujarat
Stahl Rohren has a very strong presence in the country
and takes pride in supplying pipes foil he world''s deepest
pipeline for the "Independence Trail" project
in the Gulf of Mexico.
"Since
our inception, we at Welspun have ventured into unexplored
territories and have emerged as global leaders,"
said Braja Mishra, CEO and executive director, Welspun-Gujarat
Stahl Rohren. "Today, after setting foot in Arkansas,
we hope to continue to prove our engineering excellence
and be a comprehensive provider for state-of-the-art Pipes
and related niche products for the transportation of Oil
and Gas."
Prior
to the formal announcement at the Little Rock Regional
Chamber of Commerce, a private groundbreaking ceremony
was held at the Little Rock Port site.
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