Feb 26, 2014 7:00 AM by AP
BATON ROUGE, La. (AP) - Danos, a manufacturer of offshore equipment and piping, will build a $23.2 million, 100-employee plant at the Port of Iberia.
The Advocate reports Danos president and CEO Hank Danos, along with Gov. Bobby Jindal, made the announcement Tuesday after the signing of a 40-acre lease near New Iberia with the port's board of commissioners.
Construction on the 172,000-square-foot plant is scheduled to begin in the fourth quarter and will require 200 construction workers. The 100 permanent plant jobs will have annual salaries that average $65,000 for a total annual payroll of $6.5 million.
Jindal says Danos' decision to reinvest in Louisiana represents a tremendous vote of confidence.
The Danos facility is part of a larger expansion announced last May. Danos also will build a new headquarters in Gray.