PITTSBURGH Tejas Tubular Products Inc. is continuing its growth plan with a new facility in Norfolk, Neb.
Groundbreaking and construction of the 350,000-square-foot facility will begin sometime this year, and the Houston-based company expects to open the plant in the third quarter of 2015, according to a press release from Nebraska Gov. Dave Heineman.
"Were impressed with Nebraskas fiscally conservative approach to doing business," Tejas Tubular owner Max Tejeda said. The company will receive some $5 million in state and local government funding and plans to apply for special state business development incentives for large projects.
Nucor Corp., Charlotte, N.C., will enjoy increased demand for its products as it will supply more than 150,000 tons of steel that the company will convert into casing, drill pipe and line pipe for oil and gas production.
"Im excited about being able to supply the highest grade of steel for Tejas Tubulars (oil country tubular goods) products," Dirk Petersen, general manager of Nucor Steel Bar Mill, said in the release. "This strategic partnership, as well as location to markets, is a win-win for both companies."
Tejas Tubular also is constructing a facility in New Carlisle, Ind. (amm.com, Sept. 17).