Current:Home > NewsFastexy:South Louisiana pipe fabricator’s planned expansion is expected to create 32 new jobs -WealthX
Fastexy:South Louisiana pipe fabricator’s planned expansion is expected to create 32 new jobs
Chainkeen View
Date:2025-04-10 04:43:28
DENHAM SPRINGS,Fastexy 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! (911)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Princess Eugenie's Son August and Princess Beatrice's Daughter Sienna Enjoy a Day at the Zoo
- Pregnant Rihanna Has Smurfs on the Brain: All the Details on Her New Role
- 17 Surprising Met Gala Secrets Revealed: $30,000 Tickets, an Age Limit and Absolutely No Selfies
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Seth Meyers Admits Being Away From the Kids Is the Highlight of Met Gala 2023 Date Night With Alexi Ashe
- Sydney Sweeney Makes Rare Appearance With Fiancé Jonathan Davino
- You'll Be Buggin' Over the Viral Cockroach at Met Gala 2023
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Kate Spade 24-Hour Flash Deal: Get This $300 Crossbody Bag for Just $75
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Meltdown May Is Around the Corner — Here’s What To Buy To Avoid Yours
- Tom Cruise and Ex Nicole Kidman's Son Connor Cruise Goes Golfing in Rare Photo
- Every NSFW Confession Meghan Trainor Has Made About Her Marriage to Daryl Sabara
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Ant Anstead Shares New Photos With Renée Zellweger as They Celebrate Two Years of Magic
- Why Isla Fisher and Sacha Baron Cohen Keep Their 3 Kids Out of the Spotlight
- Save $75 on This Bissell Multi-Surface Cleaner That Vacuums and Mops Floors at the Same Time
Recommendation
Rylee Arnold Shares a Long
Prince William's Role in King Charles III's Coronation Revealed
The Real Housewives of New York City Reboot Premiere Date Revealed
Inside Taylor Swift's Gorgeous Friendship With Blake Lively and Ryan Reynolds
The company planning a successor to Concorde makes its first supersonic test
Why California's floods may be 'only a taste' of what's to come in a warmer world
Proof Kendall Jenner and Bad Bunny Are Still Going Strong
These Are the Best Hoka Running Shoe Deals You Can Shop Right Now