Page 37 - ITAtube Journal 2 2025
P. 37
Press releases
inches to 56 inches, meeting the complete
speciLcations required for both the oil
and gas and infrastructure sectors. We are
grateful to state of Arkansas for its friendly
policies. The leadership of Governor Sand-
ers has played a pivotal role in creating an
environment where global companies like
Welspun can invest with conLdence and
thrive. We look forward to continuing our
journey here and contributing meaningfully
to the region’s economic growth,” Goenka
added.
The new LSAW facility will enhance Wel-
spun’s capability to serve diverse sectors
including oil and gas, carbon capture, LNG
export, and hydrogen pipelines.
“As global energy demand continues to
evolve, we remain committed to driving
growth and delivering value across our
operations,” said Vipul Mathur, Managing
Director and CEO of Welspun Corp Ltd.
“Thisexpansion will enable us to offer a
comprehensive pipeline solution for our
customers, addressing the increasing de-
mand in U.S. energy infrastructure.”
“Companies around the world are all
realizing the same thing: Arkansas means
business. Whether their priority is low
taxes, low cost of living, low cost of energy,
ease of doing business, a quality workforce,
or easy access to global markets, compa-
nies like Welspun are choosing the Natural
State time and again,” said Governor Sarah
Sanders. “It’s an honor to join Welspun
Tubular for their second major expansion
announcement in less than a year, and I’m
thankful to their team for continuing to
invest in Arkansas.”
This is Welspun Tubular’s second major
announcement in Arkansas in two consec-
utive years. In October 2024, the company
announced plans to invest $100 million to
expand and upgrade its High Frequency In-
duction Welded (HFIW) pipe manufacturing
facility in Little Rock.
That expansion, which is expected to be
completed by the Lrst quarter of 2026, will
create 175 jobs.
Welspun Tubular has operated in Arkansas
for nearly two decades, establishing its
manufacturing presence in at the Port of
Little Rock in 2007. Since that time, Wel-
spun has made multiple investments in its
Little Rock operations, totaling over $400
million.
“Thank you to Welspun Tubular for dou-
bling down on Little Rock and Arkansas
with this $150 million investment,” said
Clint O’Neal, Executive Director of the
Arkansas Economic Development Commis-
sion.
“Following a signiLcant $100 million invest-
ment in 2024, this expansion will create
300 new jobs for Arkansans. Welspun Tu-
bular has consistently grown in Little Rock,
Arkansas thanks to the industryfriendly
environment, talented workforce, low
costs, and the vision of our state and local
leadership.”
Welspun Corp Limited
Welspun House, 5th Floor,
Kamala City
Senapati Bapat Marg, Lower Parel
400 013 Mumbai
India
Tel: 22-66136000 / 9664440207
ts_kathayat2@welspun.com
www.welspun.com
ITAtube Journal August 2025 37