Benteler Steel/Tube

9:38am

Tue September 17, 2013
Business

$975 million steel factory under construction in Shreveport

Gov. Bobby Jindal greets Benteler Steel/Tube officials from Germany while Benteler International AG chief financial officer Boris Gleissner looks on.
Credit Kate Archer Kent

Benteler Steel/Tube has started construction on its hot rolling steel tube mill at the Port of Caddo-Bossier. Gov. Bobby Jindal joined Benteler officials for a groundbreaking ceremony yesterday to formally kick-off the project that is slated to cost $975 million. It will be the Germany company's first factory in the United States.

Read more