Exterran will begin closing its Broussard Production Equipment Manufacturing facility Aug. 28, when 46 employees will be terminated.
By the time the plant is fully closed later this year, a total of 76 workers will have lost their jobs, Louisiana Workforce Commission records show.
The announcement Tuesday followed notification of state officials on Friday, according to LWC records.
The plant in Broussard, a city that straddles the boundary between Lafayette and St. Martin parishes, makes equipment for the oil and gas industry.
Chris Michel, senior vice president for global human resources at corporate parent Exterran Holdings Inc., wrote LWC officials that the Broussard plant will remain open at least until either November or December, when the second round of layoffs is expected.
“The employment terminations are expected to be permanent,” Michel added. She said employees at the Broussard plant do not have a collective bargaining agreement, so they will have no opportunity to displace less-senior workers at the company’s other plants.
Exterran Holdings’ website reported Tuesday that the company has about 10,000 employees in more than 30 countries. Its stock closed Tuesday at $33.94, up 45 cents, on the New York Stock Exchange.
Broussard is in the Lafayette metropolitan area, which has lost about 1,000 mining and logging jobs since last year’s drop in crude oil prices from more than $100 per barrel to a current level of about $60. Mining and logging is the job sector that includes oil and gas workers.
Exterran’s Broussard plant is among many Lafayette-area businesses that sell products or services to the oil and gas industry.
Exterran’s oilfield and manufacturing layoffs are neither the first nor the largest announced across Louisiana this year.
Seven other companies previously reported they would terminate between 770 and 1,017 in combined oilfield or oilfield services employees between February and Dec. 31.
Baker Hughes announced in February that its Houma office would fire 60 oilfield workers.
Parker Drilling reported the same month that its New Iberia office would dismiss between 50 and 297 oilfield workers by March 18.
Helmerich & Payne Inc., of Tulsa, Oklahoma, said March 4 that it would fire 76 oilfield workers in Louisiana by March 15.
In Shreveport, Enable Midstream officials said March 11 that they would lay off 109 oilfield workers between May 11 and Dec. 31.
In Amelia, Bollinger Marine and Fabrication announced March 26 that it would fire 275 oilfield/fabrication workers between April 17 and July 22.
Houston officials of Tenaris Hydril said April 6 that the firm’s Westwego office would terminate 88 oilfield workers by June 5.
BP Biofuels officials in Jennings said May 4 that they would lay off 56 oilfield employees by July 3.