Welspun Gujarat Stahl Rohren Ltd. (WGSRL) recently announced plans to build a manufacturing facility in Little Rock on a 740-acre site adjacent to the Little Rock Port Authority.
The $100 million facility, once completed, will be capable of producing 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 begin production by spring 2008.
WGSRL is part of the $1 billion Welspun Group, the fastest growing company in India. Welspun has more than 18,000 employees and a presence in over 50 countries.
Mr. B.K. Goenka, Vice Chairman and Managing Director, Welspun said, “We are happy to be here at Little Rock today - which has the advantage of a talented work force, 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 also has manufacturing facilities in Dahej and Anjar in Gujarat, India.
With the majority of its production exported to the United States, Welspun has a very strong presence in the country and takes pride in supplying pipes for the world’s deepest pipeline for the “Independence Trail’ project in the Gulf of Mexico.
“Since our inception, we have ventured into unexplored territories and have emerged as global leaders,” said Mr. Braja Mishra, CEO and Executive Director, WGSRL. “Today, after setting our 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.”
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