LetterFAB LLC is spending nearly $1.8 million on an illuminated-sign manufacturing facility in Gretna.
The company, which has begun moving equipment into its facility on Madison Street, will employ 45 workers with an average annual salary of $30,000, plus benefits. Louisiana’s Economic Development Department estimates the project will result in an additional 35 new indirect jobs.
LetterFAB is expected to begin commercial operations at the facility in October.
The announcement was made Thursday by LetterFAB LLC Manager Patrick Daigle and Gov. Bobby Jindal.
Headquartered in Crested Butte, Colorado, LetterFAB’s Gretna location will be its second facility and its first in Louisiana.
LetterFAB is a national manufacturer of 3-D, channel-letter, illuminated signs. The company can manufacture letters and signage in standard, reverse-mounted and logo-box formats.
“Opening our second facility here in Gretna will provide LetterFAB with the opportunity to more easily reach new markets in the South and the East Coast,” Daigle said.
The company is expected to use the state’s Quality Jobs and Industrial Tax Exemption programs.
“LetterFAB’s decision to invest in Jefferson Parish is proof again that our region is one of the leading regions in the country to expand and grow your business,” Greater New Orleans Inc. President and CEO Michael Hecht said.