American SprialWeld Pipe Co.

New Markets Tax Credit Coalition

Paris,
TX
(2018)

American SprialWeld Pipe Co.

Business Development, Manufacturing, Rural

The new construction and equipping of a $62.8M, 275,000 sq. ft. spiral welded pipe manufacturing plant in rural Paris, Texas.

Investment

NMTC Amount: $34,000,000
Total Project Cost: $101,260,447

IMPACT

150 FTE jobs
120 construction jobs
275,000 sq. ft. of real estate

CDEs

Midwest Renewable Capital, National New Markets Fund, PeopleFund NMTC

Investor

Wells Fargo

Project Description

The project involves the new construction and equipping of a $62.8M, 275,000 sq. ft. spiral welded pipe manufacturing plant in rural Paris, Texas. The project creates 150 full time jobs with average starting wages for production employees of $46,000 in addition to full benefits.

MAP

Address: 2305 Northwest Loop 286, Paris, TX 75460

Census Tract: 48277000700

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