A project to build an ammonia plant costing $1 billion aims to bring 540 new manufacturing jobs to Louisiana, while another operation in Kentucky plans to employ up to 40 in the coming years.
About $850 million is expected to go directly into production of an ammonia plant in Waggaman, Louisiana, which will have an annual production capacity of around 800,000 tons. Another $175 million will go toward upgrades and the expansion of a manufacturing complex in the area, according to IndustryWeek.
Initial predictions place 65 jobs directly at the ammonia plant by late 2016, with another 477 indirect jobs to be created by the project. Additional construction employment over the next three years may employ as many as 750 people in the process for even more indirect job growth.
In Franklin, Kentucky, MultiTech Industries plans for a new distribution and manufacturing building to initially employ 10 people, with another 30 jobs to be added over the next few years, according to MFRTech.
"This site puts us in the center of the southern automotive corridor, and will allow us to service manufacturers in four southern states with fasteners, machined components, stampings, wire forms, springs and value added assemblies," company president Rahul Parikh said.
MultiTech produces fasteners, components, springs and tubing for the automotive industry, supplying billions of parts to leading automakers yearly.