Wednesday, April 02, 2014

IntegriCo Composites moving to Louisiana

IntegriCo Composites is making a $20 million capital investment to establish a manufacturing facility near Springhill, La., that will produce transportation infrastructure components including crossties, rail crossings and industrial mats from landfill-bound plastic waste. The company also will relocate its corporate headquarters from Temple, Texas, to Webster Parish, La.

 

The move is expected create 300 new direct jobs in Webster Parish and in an additional 339 new indirect jobs, for a total of more than 600 new jobs in Northwest Louisiana

"As the rest of the country recovers from the national recession, we are seeing a manufacturing renaissance here in Louisiana," Louisiana Gov. Bobby Jindal said. "Companies from around the nation and the world are taking note of our strong business climate, our talented workforce and our world-class infrastructure. Investments like this one by IntegriCo Composites confirm that our state can lead the South and the nation in creating strong manufacturing jobs right here at home and IntegriCo joins a long list of manufacturers that echo that sentiment."

Currently based in Temple, Texas, IntegriCo Composites selected Louisiana after a multistate search for its new manufacturing facility. Renovations and facility upgrades at the site will begin in June 2014, with an expected completion in late 2014. Hiring will begin by October 2014, with commercial operations beginning soon after.

"It is a privilege to partner with Louisiana in an effort that will create quality jobs while simultaneously expanding IntegriCo capacity immensely," IntegriCo chief executive officer Scott Mack said. "With our Texas facility at capacity, this effort is critical to meeting the demand of our growing client base which includes multiple Class 1 rails, the U.S. military and a myriad of other customers. IntegriCo's decision, following a thorough review of more than 30 facilities throughout six states, hinged on the partnership displayed by the state of Louisiana, its economic development teams and the local parish to create the framework for successful job creation and associated economic growth."

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