American SpiralWeld Pipe Company, a subsidiary of American Cast Iron Pipe Company of Birmingham, Alabama, on Monday was revealed as the Paris Economic Development Corporation prospect Project Orange Fire and the recipient of at least $1.28 million in incentives.
Paris City Council approved the incentive package offered by PEDC after learning Paris is one of two finalists for the plant, the other being in Oklahoma.
The company, which will pay workers an average $52,000 a year with full benefits, plans to make a decision soon, and be in operation during the second quarter of 2019.
“This has been a difficult process for us, now that we have it down to a couple of sites,” said Patrick Hook, vice president of American SpiralWeld. Hook was accompanied by Mike O’Brien, vice president of American Cast Iron, and Ian Willoughby, sales manager for American SpiralWeld.
“Paris has certainly done itself proud in the hospitality they have shown to us,” Hook said. “Michael and the economic development crew have done a super job of making us feel welcome, and certainly in laying out project planning that can work for American should this be the final selection.
“The Golden Rule is our one true core value,” Hook said in describing the company culture. “We are a value-based company, and Paris fits that bill.”
American Cast Iron Pipe employs about 2,400 people and has six subsidiary plants under its umbrella, which manufacture a wide range of pipe and fittings along with fire hydrants and valves for the water works industry and electric resistence pipe for the oil and gas industry.
Subsidiary companies are located in Pryor Creek, Oklahoma; Columbia, South Carolina; Beaumont, Texas; Itauna, Brazil; Alabaster, Alabama; and Saint Paul, Minnesota.
American SpiralWeld, with plants already in Columbia, South Carolina, and Flint, Michigan, manufactures steel pipe 24 inches to 12 feet in diameter and up to 1 inch thick. The product is used in water transmission, waste water systems and in industrial pumping systems, according to Willoughby.
The proposed plant comes with a capital investment of $60 million and will hire 55 to 60 employees at $54,000 a year with “a full Cadillac benefit package,” Willoughby said. Later, the company will add a second shift with 45 more jobs. Eventually a $20 million building will be added along with 13 to 15 jobs at an average $52,000.
Following a unanimous vote by the council, PEDC Executive Director Michael Paris said the next step is to make application to the Texas Enterprise Fund for additional incentives.
“We will begin that process immediately and will work with the city to make sure we get the property up to speed as soon as we can,” Paris said.
The incentive package includes more than 100 acres, including Superior Switchboard property and the PEDC-Industrial Park on Loop 286 N.W. in addition to a forgivable loan for $500,000 plus rail costs for Kiamichi Railroad to build a spur to the property.
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