knoe 8 news natchitoches capital investment 6 million - KNOE 8 News; KNOE-TV; KNOE.com |

Governor announces major capital investment in Natchitoches

Posted: Updated: Oct 8, 2012 03:55 PM

NATCHITOCHES, La., (KNOE 8 News) - Governor Bobby Jindal and Weyerhaeuser Company Plant Manager Steve Story announced a $6 million capital investment by Weyerhaeuser that will retain 175 jobs and create 30 new jobs at the company's Natchitoches forest products plant.

The company will modernize and upgrade equipment that will lead to more productive operations at the Weyerhaeuser Engineered Lumber Products site, with the new direct jobs paying an average salary of more than $31,000, plus benefits. LED estimates the project will result in an additional 77 new indirect jobs in the area.

Governor Jindal said, "Weyerhaeuser began their forest products operations in our state over 100 years ago, and it employs over 800 people in Louisiana. We're proud that Weyerhaeuser chose to expand and modernize its operations right here in our state because of our strong business climate and incomparable workforce. This expansion demonstrates our strong commitment to growing Louisiana's businesses and moving our economy forward."

At the 250,000-square-foot facility in Natchitoches, Weyerhaeuser produces I-joists under the Trus Joist® brand and laminated veneer lumber and structural header and beams under the Microllam® brand.

"This investment reflects the commitment of our company in this community and is a result of the tremendous work ethic and dedication of our associates and the local workforce," Story said. "This investment will allow our workforce to grow and our operation to achieve increased efficiencies and process improvements."

LED's Business Expansion and Retention Group, or BERG, began working with Weyerhaeuser on expansion opportunities in April. To secure the project, the state offered the company a $300,000 Modernization Tax Credit, payable over five years, and the customized services of LED FastStart™ – ranked the No. 1 state workforce development training program in the nation. Weyerhaeuser also is expected to utilize Louisiana's Industrial Tax Exemption and Quality Jobs incentive programs.

Hiring for the new direct jobs is under way and will be completed within the next two years. Construction will start early next year and will be completed by the end of 2013. Altogether, the company employs 845 people in 10 Louisiana communities: Arcadia, Bogalusa, Dodson, Holden, Livingston, Mandeville, Natchitoches, Ruston, Taylor and Zwolle.

"The North Louisiana Economic Partnership is pleased to partner with state and local partners, such as the Louisiana Workforce Commission and the City of Natchitoches, to assist Weyerhaeuser in expanding," said Liz McCain, NLEP vice president of business development. "The company's new investment strengthens its commitment to the community."

  • Most Popular StoriesMost Popular StoriesMore>>

  • Grambling State senior found dead in Lafayette park ditch

    Grambling State senior found dead in Lafayette park ditch

    Monday, April 14 2014 1:24 PM EDT2014-04-14 17:24:57 GMT
    GRAMBLING, La. (KNOE 8 News)— The Grambling State University community is in shock by the death of a senior criminal justice major.
    GRAMBLING, La. (KNOE 8 News)— The Grambling State University community is in shock by the death of a senior criminal justice major.
  • Monroe Couple arrested for stealing from employer

    Monroe Couple arrested for stealing from employer

    Wednesday, April 16 2014 7:23 PM EDT2014-04-16 23:23:50 GMT
    MONROE, La. (KNOE 8 News) - KNOE 8 News has learned that Justin and Mary Ewing were employees at Vieux Carre in Monroe.
    MONROE, La. (KNOE 8 News) - KNOE 8 News has learned that Justin and Mary Ewing were employees at Vieux Carre in Monroe.
  • Shooting breaks out during basketball court fight

    Shooting breaks out during basketball court fight

    Shooting breaks out during basketball court fight

    Thursday, April 17 2014 9:13 AM EDT2014-04-17 13:13:38 GMT
    WEST MONROE, La. (KNOE 8 News) - Ouachita Parish Sheriff's investigators need the public's help finding a shooting suspect.Sheriff's deputies tell KNOE 8 News that two men were arguing at a basketball
    WEST MONROE, La. (KNOE 8 News) - Ouachita Parish Sheriff's investigators need the public's help finding a shooting suspect.
  • McAllister camp finally speaks

    McAllister camp finally speaks

    Tuesday, April 15 2014 4:20 PM EDT2014-04-15 20:20:37 GMT
    MONROE, La. (KNOE 8 News) - KNOE 8 News has received official word from Congressman Vance McAllister's office that he will return to Washington, D.C.
    MONROE, La. (KNOE 8 News) - KNOE 8 News has received official word from Congressman Vance McAllister's office that he will return to Washington, D.C.
  • Fight between step-brothers becomes deadly

    Fight between step-brothers becomes deadly

    Wednesday, April 16 2014 1:07 PM EDT2014-04-16 17:07:48 GMT
    BATON ROUGE, La. (KNOE 8 News/AP) - East Baton Rouge Parish sheriff's deputies say an altercation between two step-brothers turned deadly with one shooting the other.
    BATON ROUGE, La. (KNOE 8 News/AP) - East Baton Rouge Parish sheriff's deputies say an altercation between two step-brothers turned deadly with one shooting the other.
  • Shelton dies of accidental drowning

    Shelton dies of accidental drowning

    Tuesday, April 15 2014 10:17 AM EDT2014-04-15 14:17:37 GMT
    LAFAYETTE, La. (KNOE 8 News/AP) - Lafayette authorities have ruled out foul play in the death of a 21-year-old woman whose body was found in Girard Park over the weekend.
    LAFAYETTE, La. (KNOE 8 News/AP) - Lafayette authorities have ruled out foul play in the death of a 21-year-old woman whose body was found in Girard Park over the weekend.
  • Body found at Tallulah motel

    Body found at Tallulah motel

    Monday, April 14 2014 5:18 PM EDT2014-04-14 21:18:24 GMT
    TALLULAH, La. (KNOE 8 News) - A body has been found outside a Tallulah motel.
    TALLULAH, La. (KNOE 8 News) - A body has been found outside a Tallulah Days Inn motel.
  • Hart alleges wife made up kidnap story

    Hart alleges wife made up kidnap story

    Wednesday, April 16 2014 5:55 PM EDT2014-04-16 21:55:36 GMT
    MONROE, La. (KNOE 8 News) - A new development in the case against businessman Dean Hart Jr. Wednesday.
    MONROE, La. (KNOE 8 News) - A new development in the case against businessman Dean Hart Jr. Wednesday.
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KNOE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.