Governor announces $70 million investment in LA by Eastman

Local News

Courtesy: MGN

Baton Rouge, LA- (NBC LOCAL 33)(FOX 44)

Governor John Bel Edwards announced Wednesday, June 26 that Eastman will make a $70 million capital investment over the next three years to expand and modernize its manufacturing operations in St. Gabriel.

While retaining 106 existing jobs, the project, which will include a new Chemical Intermediates production facility, will create five new direct jobs with an average salary of $60,000, plus benefits.

Louisiana Economic Development estimates the project also will result in 24 new indirect jobs, for a total of 29 new jobs in Iberville Parish and the surrounding region.

The St. Gabriel site, which is owned by Taminco US LLC, a subsidiary of Eastman, produces a wide range of amines, or ammonia-derived compounds, that are used in feed, food, personal care and agricultural markets.

In addition to a new unit and laboratory, the company’s investment will result in upgrades to the plant’s control and reliability capabilities over the next three years.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Stay up to date with the latest news by downloading the BRProud App from the App Store or Google Play.