LINCOLN, Neb. (AP) — A Texas-based company that makes piping and casing for oil and gas drilling has postponed plans to build a manufacturing plant in northeast Nebraska.
Tejas Tubular Products President Maximo Tejeda told the Norfolk Daily News that he remains committed to building a mill next to Nucor Steel in Norfolk.
But Tejeda says uncertainty in the oil market has delayed his company's aggressive timetable and forced adjustments in its growth plans.
Officials have said the $100 million plant would have employed 200 people.
Tejas Tubular headquarters is in Houston.