Skip to comments.Russian fertilizer company to open plant in Iberville or St. John Parish
Posted on 07/10/2013 5:24:01 PM PDT by BBell
Russian fertilizer giant EuroChem plans to build a $1.5 billion natural gas-based production plant in southeast Louisiana, Gov. Bobby Jindal said Wednesday. The company is considering two locations, in Iberville and St. John the Baptist parishes.
This investment represents the companys first major manufacturing investment in the Americas. I know they looked at other states, and they could have gone anywhere. They chose Louisiana, Jindal said during the news conference at the governors mansion.
The governors office confirmed that the Moscow-based EuroChem received a competitive incentives package from the state, including a $6 million performance-based grant for infrastructure improvements. EuroChem CEO Dmitry Strezhnev said the company chose Louisiana for its business climate and easy access to distribution hubs via the Mississippi River.
The governor's office said the project is expected to create 200 new direct jobs with an annual payroll of $11.6 million. Additionally, 1,378 indirect jobs will be created, and around 2,000 workers will be needed during the four-construction period, according to the governor's office.
(Excerpt) Read more at nola.com ...
We will see if the EPA allows this.
What can we do to stop this scourge of insourcing? Can’t we raise taxes on ourselves, or something?
Don’t we produce enough of our own at 1600 Pa. Ave?
LOL Yeah those filthy Canukistanis are even building a bridge to Detroit. And do we really know what they’re up to in the salt mine under the city?
It's too low grade. It can't grow the economy how can it grow crops?