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Terry touts XL’s economic impact

Keywords: Tags  Keystone XL pipeline, TransCanada, Lee Terry, Welspun Tubular, Welspun, pipe maker, Thorsten Schier


LONDON — TransCanada Corp.’s Keystone XL pipeline has already created 600 jobs and had a $108-million impact on the economy through large-diameter line pipe maker Welspun Tubular LLC’s facility in Little Rock, Ark., one U.S. congressman said.

"I believe the operative words here are ‘so far,’ because there is still the northern route of the Keystone XL to be approved and built," Rep. Lee Terry (R., Neb.) said in a statement on the five-year anniversary of the pipeline’s approval process.

The company, a subsidiary of Mumbai, India-based Welspun Corp., won an order to make part of the pipeline ( amm.com, Feb. 13), which is awaiting presidential approval for its route over the Canadian border.


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