Welspun Corp Ltd is expanding pipe manufacturing capacity at its Little Rock, Arkansas facility in the US, investing an additional $100 million and adding 200 jobs.
This is the second time in three years of its operations in Arkansas that the international pipe manufacturer is expanding production capacity at its large-diameter pipe manufacturing location in North America.
With this expansion, Welspun will bring total overall investment in the facility to $280 million since opening in April 2009.
Pipe produced by Welspun is primarily used in the gas and oil industry.
The announcement was made at a news conference hosted by Martin M Rhodes, chairman of the board of the Little Rock Regional Chamber of Commerce.
''We are extremely delighted at the performance of our Little Rock facility, which has cemented the firm's global reach in servicing some of the largest oil and gas companies in the world. We believe that this new investment will pave the way for Welspun to continue on its path of becoming one of the most respected line-pipe companies in the world and we are thankful to the City of Little Rock for the support that they have extended in fulfilling our dream,''B K Goenka, chairman of Welspun, said.