Metalplate Galvanizing said it will build a $9.75 million plant in Jennings, which will create 104 new jobs.
The jobs will have an average salary of $46,300 plus benefits. Louisiana’s Economic Development Department estimates the 50,000-square-foot facility will create 245 indirect jobs and 50 construction jobs.
Construction of the plant is set to begin immediately, and the facility is expected to be operating by the third quarter, an LED spokesman said.
http://www.metalplate.com/metalplate.php">Metalplate Galvanizing, based in Birmingham, Alabama, operates six plants across the South. The plants dip metal in a zinc coating to prevent corrosion. By adding the Jennings location, the company said it will be able to increase the volume of galvanized metals and better support new and existing customers in the steel, petrochemical and other industries.
Hartwell Davis Jr., chairman of Metalplate, said the Jennings plant will be the company’s largest facility.
“Metalplate recognizes the very large and enduring growth potential of energy-related industry in Louisiana and in particular along its I-10 corridor,” Davis said.
“We see a great need developing for hot-dip galvanizing at both new industrial operations and expansions of existing plant facilities.”
LED began discussions with Metalplate Galvanizing in March. To secure the project, the state offered an incentive package that includes the use of the state’s Quality Jobs and Industrial Tax Exemption programs.
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