Welspun Tubular Conducts Groundbreaking Ceremony for Expansion at its Little Rock Facility in Arkansas
30 Dec, 2024
LITTLE ROCK, Ark. – Welspun Tubular LLC held the groundbreaking ceremony for the expansion of its High Frequency Induction Welded (HFIW) pipe manufacturing facility in Little Rock, Arkansas. This expansion represents a $100 million investment to expand and upgrade the company’s line pipe portfolio in the United States.
Welspun Tubular LLC is a subsidiary of Welspun Corp Ltd, one of top three manufacturers of large diameter line pipes globally. The expansion is expected to add an additional 175 jobs at its plant in Little Rock. The upgrade is expected to be completed by Q1 2026.
Company executives, including Welspun World Chairman Mr. B.K. Goenka, Welspun Corp Managing Director Mr. Vipul Mathur, Welspun Tubular CEO Mr. Gerald Mosley, and members of the local leadership team joined state officials and local leaders for a groundbreaking ceremony for the expansion.
Speaking about this key milestone, Mr. BK Goenka, Chairman, Welspun World said, “We are glad to be in Little Rock to announce the expansion of our plant here which we set up back in 2007, and have successfully maintained a relationship with Arkansas region and its people. This capacity expansion will not just benefit our ongoing operations and cater to Welspun’s ethos of customer centricity, but also add to the job market to aid the local population residing here.”
“The Port of Little Rock is quickly becoming the center of economic development for our region – and today’s groundbreaking is only going to continue that,” said Governor Sanders. “I applaud the team that landed this announcement and will continue my administration’s work to make Arkansas a low-tax, pro-business state that welcomes companies like Welspun Tubular with open arms.”
Welspun Tubular established its manufacturing presence in Arkansas in 2007. Since that time, Welspun has expanded at the Port of Little Rock multiple times, investing over $300 million.
Quotes
“Welspun Tubular has been an important part of Arkansas’ business community since first establishing a presence in the Natural State in 2007,” said Clint O’Neal, executive director of the Arkansas Economic Development Commission. “We congratulate them on the groundbreaking for their latest expansion, which is a significant win for the Little Rock region and Arkansas.”
“The Chamber is proud to join Welspun for yet another significant milestone in their journey in Little Rock,” said Jay Chesshir, President and CEO of the Little Rock Regional Chamber. “This groundbreaking is a step towards an investment that will impact hundreds of lives across our region.”
About Welspun Corp
Welspun Corp Ltd (WCL) is the flagship company of Welspun World, one of India’s fastest-growing multinationals with a leadership position in line pipes and home solutions, along with other lines of businesses including infrastructure, pipe solutions, building materials, warehousing, retail, advanced textiles, and flooring solutions.
WCL’s expansion entails creating a diversified product portfolio and repurposing its business to add new target segments, organically and inorganically. The company acquired Sintex-BAPL, a market leader in water tanks and other plastic products, to expand its building materials portfolio.
Website: www.welspuncorp.com
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