GREGORY, TEXAS — Tianjin Pipe Corp. (TPCO) has plans to construct a $1 billion manufacturing facility in Gregory, located near the Port of Corpus Christi. Tianjin, China-based TPCO is a global leader for manufacturing seamless pipes.
The facility, TPCO’s first major mill in the United States, will be delivered in phases between December 2012 and the end of 2014. Currently, the company has major manufacturing properties in China and Indonesia, and exports to more than 100 countries in Europe, the Americas, Asia, Africa and Oceania.
Jacobs Engineering Group (NYSE: JEC) has been selected to provide project management consulting services for the new pipe rolling mill.
“We are very proud that TPCO has chosen Jacobs to provide project management consulting services for its first project in the U.S.,” said Tom McDuffie, group vice president of Jacobs, in a prepared statement. “This is a major investment in Texas and reflects the confidence in our reputation for successfully delivering large facilities anywhere in the world.”
Jacobs’ Houston and Shanghai offices will assist TPCO with coordination and management of engineering, procurement and construction for the mill. Engineering, procurement and construction of the new facility is expected to be a multinational endeavor, including professional services, materials and labor from the U.S., Europe and China.
Jacobs’ stock price closed at $46.36 on March 26, down from $48.73 on March 25, 2011.
— Savannah Duncan