Feb 26, 2014 7:00 AM by AP

Danos plant to employ 100 at Port of Iberia

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.


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