Current:Home > FinanceSouth Louisiana pipe fabricator’s planned expansion is expected to create 32 new jobs -EliteFunds
South Louisiana pipe fabricator’s planned expansion is expected to create 32 new jobs
View
Date:2025-04-15 10:46:03
DENHAM SPRINGS, La. (AP) — A pipe manufacturing plant in south Louisiana plans a $4.3 million expansion of its manufacturing facility in Livingston Parish, state economic development officials said.
Pipe & Steel Industrial Fabricators Inc.'s project should add 32 new jobs paying an average annual salary of $88,000, Louisiana Economic Development announced in a news release Tuesday.
“By reinvesting in facilities and equipment, Pipe & Steel is not only keeping quality jobs here at home, but creating new, high-paying jobs for Louisiana’s skilled workforce,” Gov. John Bel Edwards said. “The surge in manufacturing investment and employment over the last three years is a powerful indicator that Louisiana’s economy is headed in the right direction, and poised for long-term growth.”
The planned expansion will include technology and equipment upgrades and will add 8,000 square-feet (743 square meters) of space to the company’s steel shop, 14,000 square-feet (1,300 square meters) to its pipe fabrication workshop and a new, covered painting and blasting area, officials said.
Construction on the pipe fabrication workshop is scheduled to start in December, with operations set to begin in June, LED said. Work on the steel shop is expected to start in July and operations are set to begin in March 2025.
“Our management continues to take the capital that is earned by our outstanding workforce and reinvest it into our company to create steady, stable growth,” Pipe & Steel President Kylie Sparks said. “The employees who consistently give their best each day deserve our commitment in return. We are comprised of local people from our community who rise and meet tough challenges in our industry daily.”
Pipe & Steel opened in 2000 and serves a number of industries with pipe and structural fabrication, civil construction and general field construction. To help with infrastructure costs, the state is offering the company a $200,000 performance-based grant and its expected to participate in the state’s Industrial Tax Exemption and Quality Jobs incentive programs.
“Our history of safety and quality has consistently allowed us to grow with very low debt,” Sparks said. “LED has allowed us to take the hard work of our employees and our initiative to grow with innovation and new technology and create a stable future for our awesome team members and community.”
veryGood! (22334)
Related
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- In 'Defectors,' journalist Paola Ramos explores the effects of Trumpism on the Latino vote
- 'Dangerous rescue' saves dozens stranded on hospital roof amid Helene deluge
- Sean Diddy Combs Accused of Rape and Impregnating a Woman in New Lawsuit
- Buckingham Palace staff under investigation for 'bar brawl'
- Rescuers save and assist hundreds as Helene’s storm surge and rain create havoc
- What time is Alycia Baumgardner vs. Delfine Persoon fight? Walk-in time for main event
- SpaceX launches rescue mission for 2 NASA astronauts who are stuck in space until next year
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Tropical Weather Latest: Millions still without power from Helene as flooding continues
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Florida financial adviser indicted in alleged illegal tax shelter scheme
- Upset alert for Notre Dame, Texas A&M? Bold predictions for Week 5 in college football
- Latest talks between Boeing and its striking machinists break off without progress, union says
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Salvador Perez's inspiring Royals career gets MLB postseason return: 'Kids want to be like him'
- Shawn Johnson Reveals the Milestone 9-Month-Old Son Bear Hit That Nearly Gave Her a Heart Attack
- Bad Bunny Looks Unrecognizable With Hair Transformation on Caught Stealing Set
Recommendation
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
The Fate of Thousands of US Dams Hangs in the Balance, Leaving Rural Communities With Hard Choices
'Dangerous rescue' saves dozens stranded on hospital roof amid Helene deluge
In the Heart of Wall Street, Rights of Nature Activists Put the Fossil Fuel Era on Trial
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
How Lady Gaga Really Feels About Her Accidental Engagement Reveal at the Olympics
The State Fair of Texas opens with a new gun ban after courts reject challenge
Tom Brady Shares “Best Part” of His Retirement—And It Proves He's the MVP of Dads