Newpark Resources Inc announces the company will invest $41.1 million in it's Newpark Mats and Integrated Services facility
LAFAYETTE, LA (KADN) — Today Governor Bobby Jindal and Newpark Resources Inc president and CEO Paul Howes announced the company will invest $41.1 million in it's Newpark Mats and Integrated Services facility in Carecro, doubling both the size of the facility and it's estimated output. The project will result in more than one-hundred new direct and indirect jobs while retaining fifty-five jobs.
"These are good-paying jobs. These are jobs that will have an indirect impact in our community. That's over one-hundred Louisiana families that can pay their bills, pursue their dreams right here in southwest Louisiana. That means our sons and daughters don't have to leave home to pursue their dreams. We're excited to get that expansion that could have gone anywhere. Their doubling their output here in Carencro. They could have gone to another state, another facility. They chose Louisiana because they know this is the best place to invest and create jobs," says Governor Jindal.
The Carencro site manufactures composite mats for drill site construction and other applications. Jindal says this is another great win for Acadiana and our entire state. This expansion by Newpark Mats and Integrated Services will bring great new jobs to the Carencro area and continue growing our economy.