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IntegriCo Composites Inc. is a fast-growing, Texas-based manufacturer of composite railroad products made from recycled plastics. IntegriCo’s unique processing technology utilizes landfill-bound plastic to create railroad products that outperform competiting products.
In January 2014, IntegriCo began searching for a new location for its manufacturing facility after its Temple, TX facility had reached capacity. Following a thorough review of more than 30 facilities across six states, IntegriCo Composites chose the North Webster Industrial District in Springhill, LA. The company based its decision on the partnership displayed by the State of Louisiana; NLEP, a regional economic development organization; and the local parish to create the framework for successful job creation and associated economic growth. NLEP worked side-by-side with local partner NWPID to provide information and other support to facilitate the site selection decision.
To land the deal, IntegriCo received a competitive incentive package, including a performance-based $2.5 million award from Louisiana’s Economic Development Award Program and an additional $2.5 million in Capital Outlay funding to support publicly owned infrastructure improvements: rail spur modifications and electrical, roof, flooring, lighting and plumbing upgrades. IntegriCo will receive the comprehensive solutions of LED FastStart®, the nation’s No. 1-ranked state workforce training program. The company is expected to utilize the state’s Quality Jobs Program.
In March 2014, IntegriCo Composites officially announced its $20 million investment in the North Webster Parish Industrial District (NWPID) Park. The project will create 300 direct jobs and an additional 339 indirect jobs. IntegriCo will lease the 135,000 square foot shuttered Trane plant, a 43,000 square foot adjacent speculative building, and 12 acres from NWPID. The company is currently retrofitting the old Trane plant, and renovations and facility upgrades at the site are expected to be completed in 2015.
Its impressive investment in a small rural community earned IntegriCo the 2015 Corporate Investment & Community Impact (CiCi) Award in the community impact category from Trade & Industry Development, a leading national site selection magazine. The magazine annually honors companies that have made the most notable impact on communities.
“This project is a real game-changer for the community of Springhill and for Webster Parish. When you consider that IntegriCo is injecting $10.5 million in payroll into a small city of nearly 5,300, the economic impact is tremendous,” said President Scott Martinez of North Louisiana Economic Partnership. “NLEP is proud to partner NWPID in bringing the 300 jobs to North Louisiana.”