Madisonville, Louisiana is rich in boat and ship building history. In fact, the U.S. Navy built their vessels and repaired them in Madisonville during the War of 1812. Today plans were announced to reopen an unoccupied barge manufacturing plant on the Tchefuncte River in Madisonville.
The 230-acre plant was the home to a Trinity barge-manufacturing plant
which closed its doors in
2015 when Trinity Marine Products announced
the “demand for larger tank barges that transport oil is currently
soft.”
“Due to encouraging conditions in the barge construction market, we are pleased that Arcosa Marine
is restoring the Madisonville barge facility to full operation,” Arcosa
Marine president Thomas Faherty said. “Arcosa Marine is preparing the
facility to produce barges for customer delivery in 2019.”
Arcosa Marine Inc. will
begin a $7.5 million renovation on the project and will hire
approximately 149 employees. Gov. John Bel Edwards said the state will
give them an incentive package that will include a workforce training
program and Arcosa will also use the state’s Quality Jobs and Industrial
Tax Exemption programs. They plan to install new equipment and upgrade
the plant in order to produce barges.
“We are excited to welcome back the manufacturing operations of a
marine mainstay in the St. Tammany Parish economy,” Edwards said in the
news release. “Manufacturing jobs generate great economic activity and a
high number of supporting jobs throughout the area. We’re encouraged by
the return of barge manufacturing in Madisonville and hope that this
new investment by Arcosa will lead to greater growth in the future.”
This is a great boost for the St. Tammany area economy. There will be
an additional 236 indirect jobs for the region. The average annual
salary for new jobs will be $51,400 plus benefits.
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