Austrian Investments Help Keep Louisiana No. 1 for FDI

Austrian investors like Benteler have made some of the most transformative investments in Louisiana’s recent history, and the state stands ready to assist potential Austrian investors. 

Notable Austrian Projects in Louisiana

Benteler Steel/Tube
In October 2012, Benteler Steel/Tube announced a $900 million, two-phase facility that will include both a seamless steel tube mill and a steel mill. The project will be built on 330 acres at The Port of Caddo-Bossier and will be one of the largest manufacturing projects in Northwest Louisiana's history. In addition to creating 675 direct jobs, Louisiana State University estimates it will result in 1,540 new indirect jobs. The steel tubes produced by the facility will be used for the exploration and transportation of oil and gas, as well as for the generation of power and mechanical applications.

“By removing obstacles, reducing bureaucracy, providing meaningful support and eliminating roadblocks, Louisiana officials at all levels convinced us that this state is the ideal location for our production facility.” 

Matthias Jaeger
CEO and President

Supporting Organizations

Honorary Consul General: Philip D. Lorio III
Honorary Consul General
755 Magazine Street
New Orleans, Louisiana 70130
Tel: 504.581.5141

Recent News 

Gov. Jindal, Bossier Parish Community College And Benteler Steel/Tube Officials Dedicate $22 Million Advanced Manufacturing Center
In November 2014, Louisiana Governor Bobby Jindal, Chancellor Jim Henderson of Bossier Parish Community College (BPCC) and Benteler Steel/Tube Project Director Patrick Guillaume dedicated the Center for Advanced Manufacturing and Engineering Technology at the BPCC campus. The $22 million, 65,000-square-foot training center emerged from a partnership between the State of Louisiana, Benteler and regional and local partners. Learn more here.