Companies will discover North Louisiana's competitive advantages offer a sustainable business solution which allows them to succeed nationally and globally. In 2011, NLEP racked up 16 project wins with the potential to generate 635 to 834 new jobs and $203 million to $225 million in capital investment.
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Locations, Expansions & Closings in North Louisiana 

2015 is off to a great start with the location of IBM's Application Development and Innovation Center, Boise Cascade's expansion, CenturyLink's expansion of its headquarters with the opening of their new Technology Center of Excellence, and Monster Moto's establishment of their new headquarters and manufacturing facility in Ruston, La.

In 2014, NLEP and its partners successfully completed 14 new economic development projects, which could potentially generate up to 1,269 new jobs and up to $108.6 million in capital investment.

In 2013, NLEP completed 11 new economic development projects, which could potentially generate up to 2,570 new jobs and more than $174.3 million in capital investment. NLEP ended 2013 with 60 open and active projects in our prospect pipeline. 

 

Locations & Expansions

These projects represented just some of the expansion and location projects that happened in North Louisiana from 2011 to present.  NLEP always works projects in partnership with state or local partners.  

2015 Expansions & Locations.

  • Monster Moto-announced April 15, 2015 it will establish a headquarters and manufacturing facility in Ruston. The project will include a minimum of $4 million capital investment to build a housing facility for Monster Moto’s operations. Over the next decade Monster Moto will create 287 new direct jobs with an estimated 292 additional new indirect jobs in North Louisiana. Learn more.
  • CenturyLink-President and CEO and elected officials opened CenturyLink’s new Technology Center of Excellence. The expansion of their corporate headquarters in Monroe will help fulfill the company’s 2011 announcement of an 800-job expansion. These jobs combined with the 350-job expansion will contribute $67.7 million in new annual payroll by 2016. Learn more.
  • Boise Cascade-announced on March 9, 2015 that the company will make a $43 million capital investment to increase the capacity of its Florien plywood mill located in Sabine Parish. The expansion will begin in the summer of 2015 and will generate an estimated 103 construction jobs at peak building activity. Learn more.
  • IBM-announced February 16, 2015 that is will establish a 400-job Application Development and Innovation Center in Monroe, La. IBM also will partner with CenturyLink on research, development and product innovation initiatives. Learn more.

2014 Expansions & Locations

  • TSE International-announced October 22, 2014 that the company will make a $1.18 million capital investment to expand its manufacturing center in Caddo Parish creating a total of more than 70 new direct and indirect jobs In the Northwest region of Louisiana. Learn more.
  • CSC-broke ground September 25, 2014 on CSC’s next generation technology center at the National Cyber Research Park in Bossier City. The project will create 800 new direct jobs over the next four years. Learn more.
  • Graphic Packaging International Inc.-announced on August 19, 2014 a $41.5 million investment in its West Monroe paper mill to upgrade production machinery. The company will retain 1,340 employees at the three Louisiana sites with the modernization project. Learn more.
  • Flying Tiger Aviation-announced on August 4, 2014 an $847,000 expansion in Northeast Louisiana, creating 21 new direct jobs with an average salary of $61,000 per year as well as an estimate of 10 additional new direct jobs. Learn more.
  • SB International Inc.-announced on June 18,2014 that Centric Pipe LLC, will make a $32.5 million capital investment to expand the facility in Bossier City.  The expansion is estimated to create a total of more than 209 new jobs an average salary of $50,000 per year for the 82 new direct jobs. Learn more.
  • Module X Solutions-announced on June 9,2014 that the company will make a $7.4 million capital investment creating 357 new direct jobs at a Shreveport manufacturing facility with an average salary of more than $48,800 per year. An estimated 578 additional new indirect jobs will be created. Learn more.
  • IntegriCo Composites-announced March 31, 2014 a $20 million capital investment to establish a manufacturing facility, that will produce transportation and infrastructure components. The company will also relocate its headquarters to Webster Parish creating 300 new direct jobs and 339 new indirect jobs in Northwest Louisiana. Learn more.
  • The Cyber Innovation Center (CIC)-announced on February 18, 2014 that CSC will be the National Cyber Research Park’s newest tenant. Over the next 4 years CSC will create 800 jobs. CSC is locating its integrated Technology Center in Bossier City. Learn more.
  • Lubrication Technologies Inc.-announced on February 10, 2014 a $16 million capital investment in Caddo Parish, creating 75 new jobs with an average salary of $41,400 and another 205 new indirect jobs. Lube-Tech is expected to employ 75 people by the end of 2016. Learn more.
  • Fibrebond-announced their $2.5 million expansion on February 3, 2014. In addition to the 225 new direct jobs with an average salary of $36,000 per year, Louisiana Economic Development estimates a result of an additional 235 new indirect jobs. Learn more.
  • Mid South Extrusion-announced on January 31, 2014 they will be creating a ninth production line at the Mid South production facility in Monroe, La. It will retain 130 employees while creating an estimated total of more than 30 new jobs in Northeast Louisiana. Learn more.

2013 Expansions & Locations

  • Cool Planet Energy Systems-will locate a bio-refinery in North Louisiana, converting biomass to gasoline.
  • FedEx Distribution Center-developed a new 50,000 square foot state-of-the-art, FedEx distribution center.
  • Libbey Inc.-will add a R&D component to its existing Shreveport plant in order to develop new glassmaking technologies. 
  • Idaho Timber-aquired the shuttered Hood Industries sawmill, which was closed during the recession. With the recovery of the construction sector, the Boise City company will reopen the sawmill and produce decking, lumber and other timber from Southern yellow pine.
  • Reinhart Foodservice-expanded its Shreveport distribution distribution/sales center.
  • Robertson Produce, Inc-The produce wholesaler upgraded equiptment in order to expand its Ouachita Parish distribution operation.
  • Teleperformance-announced two expansions at its Shreveport customer care facility, adding 300 jobs early 2013 and another 740 jobs in September. The company aquired new contacts in the healthcare and telecommunication sectors. 
  • RoyOMartin-announced a $20 million expansion and modernization project at its Martco plywood facility. The company will upgrade its drying equiptment and add another production line with the rebounding of the housing market.
  • WSP Chemicals & Technology, LLC-Purchased a facility in the North Shreveport Industrial Park.

 

Closings & Layoffs

2015 Shutdowns &Downsizings

  • Cactus Wellhead LLC-this industrial machinery merchant wholesaler laid off 20 people.
  • Frank's Int'l-Bossier City-which supports activities for oil and gas operations laid off 40 of their workers.
  • Enable Midstream LLC-this pipeline transportation laid off a total of 105 people.

 

2014 Shutdowns & Downsizings

  • Dubuis Hospital of Shreveport-this general medical and surgical hospital laid off 20 of their employees.
  • Lloyd's Towing-had to lay off 8 people.
  • International Paper-manufacturing company laid off a total of 40 people.

 

2013 Shutdowns & Downsizings

  • Libbey Glass laided off 170 hourly and 30 salaried jobs at its Shreveport facility. The company said the layoffs were necessary to remain globally competitive.