NRI Swraj Paul’s company to build large steel pipe mill in United States
Los Angeles,June 08, 2021
NRIpress.club/Ramesh/ A.Gary Singh
NRI industrialist Swraj owner of Caparo group, London announced plans to build a 350,000 tonne per year HSS (high speed steel) and sprinkler pipe mill in the United States (US).
The mill will be built on Steel Dynamics’ new Sinton, Texas flat-rolled campus, the company said, adding that start-up of the project by Bull Moose Tube (BMT) company, a Caparo Bull Moose subsidiary, is expected in 2023 in partnership with the SMS Group.
Caparo is a diversified global association of businesses with turnover approaching 1bn USD. With interests predominantly in the design, manufacture, marketing and distribution of value-added steel and niche engineering products, Caparo's wider activities encompass hotels, property, power generation, logistics, financial services and investment.
Owned by the Paul family, Caparo was founded in 1968 by Indian born British Industrialist, Rt. Hon. The Lord Paul of Marylebone, who remains Chairman. Today, Caparo operates internationally from over forty sites, serving customers globally, primarily from operations based in the UK, North America, India, and the Middle East.
https://www.nriinternet.com/NRIpoliticians/UK/A_Z/S/Lord%20Swraj_files/2021/Steel-pipe-mill/index.htm
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