In A Flash
Plastics company to build $13.3M expansion in North Louisiana
(Photo by Joe Raedle/Getty Images)
BATON ROUGE – Continental Structural Plastics is planning a $13.3 million expansion project, Gov. John Bel Edwards and CSP CEO Steve Rooney announced in a joint news release Wednesday.
The expansion will take place at the company’s Sarepta facility. According to Louisiana Economic Development, the project is expected to support 200 construction jobs, create 65 direct and indirect jobs in Webster Parish, and retain 170 existing jobs.
CSP manufactures vehicle and industrial application products such as undercarriages and bumpers, along with other items.
“We have an incredible, dedicated workforce in Sarepta, and when you add to that the tremendous partnership we have with the local community and the North Webster Parish Industrial District, it really is a win-win for CSP and the community,” Rooney said.
CSP is investing $12.1 million in the project and the North Webster Parish Industrial District will contribute $1.2 million for building improvements. The company plans on adding a 22,000-square-foot expansion to the CSP building complex at the North Webster Parish Industrial Park .
The company will qualify for a performance-based grant to help with expansion infrastructure costs and will most likely also utilize Industrial Tax Exemption programs and Louisiana’s Enterprise Zone.
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