BENTELER Steel/Tube Manufacturing Corporation has announced plans to build a new threading facility for hot rolled seamless steel tubes. The project will expand the company’s presence at the Port of Caddo-Bossier in Louisiana. The company, which specializes in metal processing, will invest $21 million into the project, creating 49 new jobs for the surrounding area. BENTELER hopes the project will allow the company to streamline supply chains for customers in the oil and gas, energy and engineering sectors. Construction on the new facility begins in April and includes the installation of a threading line focused on threaded and coupled connections. A second threading line is planned for 2026. To aid the project, BENTELER will receive a competitive incentives package from the state, which includes the comprehensive workforce development solutions of LED FastStart. The company is also expected to participate in the state’s Quality Jobs program.
What people are saying
In a recent quote, Kai Christian Zimmermann, Executive Vice President North America BENTELER Steel/Tube, said, “I’m excited that we are extending our vertical integration for Oil Country Tubular Good products in Shreveport with this threading facility. This will enable us to be even closer to our end-customers and our distributors. It is a reflection of our ongoing commitment to the industry and the region. Together with our partners, we will provide finished casing from the mill directly to the drilling locations. We will be able to reach both the Mid-Continent region and Rockies more competitively.”
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Investing in American manufacturing in 2024
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.