The company expects to create 25 direct new jobs over the next 10 years while retaining 44 current positions. Louisiana Economic Development estimates the project will result in 32 indirect new jobs for a total of 57 potential new jobs in the Capital Region.
Industrial Fabrics is investing $8 mn in a new production facility in Pointe Coupee Parish, creating 25 direct jobs and retaining 44 positions.
Utilising locally sourced materials, the facility will produce erosion control products, benefitting the state’s agribusiness and manufacturing sectors.
Construction began and is slated for completion by June 2025.
“Projects like this have benefits that radiate throughout the local and state economies,” LED secretary Susan B Bourgeois said. ”Industrial Fabrics’ commitment to utilisation of local raw materials, production of erosion control products and creation of new jobs will further strengthen our state’s thriving agribusiness and manufacturing sectors while helping our communities become more resilient.”
Industrial Fabrics’ geotechnical product lines includes geotextile fabrics, geogrids, liner material, silt fence, erosion control, pipeline protection and paving solutions for customers in the construction, industrial and residential industries worldwide.
“We look forward to expanding our manufacturing facility into New Roads and look forward to our partnership with the local community,” Industrial Fabrics president and CEO Cary S Goss said.
Construction on the new facility has begun and is expected to be complete in June 2025, the company said in a press release.
“This project will provide a great investment into the community with good paying jobs which potentially allows our residents to work closer to home,” Pointe Coupee Parish president major Thibaut said. “Pointe Coupee Parish is happy to have assisted in making this project a reality and we look forward to working with Industrial Fabrics in the future.”
To win the project in Pointe Coupee, LED offered an incentives package featuring the comprehensive workforce development solutions of LED FastStart. It also includes a $180,000 performance-based grant from the Economic Development Award Programme for reimbursement of infrastructure costs and utility repairs, contingent on approval from the Louisiana Economic Development Corporation board. The company is expected to participate in the state’s Industrial Tax Exemption and Quality Jobs programmes.
“We are thrilled to see Industrial Fabrics investing in Pointe Coupee Parish with its $8 million expansion, showcasing the Louisiana Capital Region’s strength in the manufacturing industry,” Baton Rouge area chamber senior vice president of business development Russell Richardson said. “The company’s commitment to source its raw material locally will only further expand its economic impact in our community. We want to thank Industrial Fabrics for its investment and share our support for their further growth.”
Fibre2Fashion News Desk (RR)
