# Hobas Pipe USA launches $60M capital investment program

Hobas Pipe USA announced a $60 million, five-year capital investment program to expand its Houston-based manufacturing facility for corrosion-resistant fiberglass pipe products. The program includes equipment for non-circular fiberglass shapes and has already deployed 60% of the capital.

- Type: Investment
- Announced: 2022-05-12
- Where: Houston, Texas, United States
- Value: $60.0M
- Status: announced
- Products: corrosion-resistant fiberglass pipe, non-circular fiberglass shapes
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Hobas Pipe USA](https://endata.com/companies/62848.md)

## Sources

- [hobaspipe.com](https://hobaspipe.com/2022/05/12/press-release-60-million-capital-investment-program/), 2022-05-12: "This investment marks our continued commitment to the infrastructure landscape of North America."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.