Sunday, October 28, 2012

German corporation, Benteler Steel Tube, to build Shreveport manufacturing facilities in 2013

Product image by ABB RobotStudio
Product image, a photo by ABB RobotStudio on Flickr.

By establishing a production site in the U.S.A. Benteler Steel/Tube GmbH will strengthen its presence in one of the most important growth markets for global oil- and gas-exploration, says

With the growing demand for highquality steel tubes for exploratory drilling in the U.S., and Louisiana’s proximity and access to energy customers, Benteler Steel/Tube’s Louisiana plant is poised to play an important role in meeting U.S. domestic energy needs.

The total investment (in 2 facilities) will be nearly $ 900 million. Both plants will create an estimated 675 full time jobs when at full capacity.

Privately held and family owned in the fourth generation the company is
proud of its more than 135-year history of success. The Benteler Group employs 30,000 employees at 170 locations in 38 countries.