Home » Business News » Alliance Compressors plans $45 million expansion of Louisiana facility to create new jobs

Alliance Compressors plans $45 million expansion of Louisiana facility to create new jobs

By Nagasunder in Business News, posted February 15, 2022

Ambitious plans have been revealed for a $45 million expansion to factory jobs in Louisiana which will create 78 new jobs.

Alliance Compressors has revealed the plans to expand its 400,000-square-foot factory in Natchitoches to establish a third assembly line.

The announcement was made by Governor John Bel Edwards.

.The company says the new assembly line will help meet the expanding global demand for energy-efficient air conditioning.

Brent Schroeder, the company's chairman said: “We look forward to moving ahead with this expansion and creating new job opportunities for area residents,”

The Louisiana Economic Development (LED) said new jobs would have an average annual salary of $47,000, plus benefits, the state organization worked to create jobs and improve opportunities for the economy.

Installation of the new equipment is due to begin in March and the work is to be completed by March 2023.

Gov Edwards said: "The expansion not only reaffirms the company’s commitment to the region, and creates jobs for residents of rural Louisiana communities.

"It also joins the growing number of companies in our state capitalizing on the economic jobs created by the energy transition."

The expansion will also restructure the plant's production flow, which will result in a 30 percent increase in efficiency and productivity, according to LED.

The company is also expected to take advantage of state-run quality jobs and tax-exemption programs for businesses.

Source: The Telegraph

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