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J&M INDUSTRIES ANNOUNCES $4.5 MILLION MANUFACTURING EXPANSION IN PONCHATOULA

  • Writer: MinorityReportOnline
    MinorityReportOnline
  • Jan 12, 2015
  • 1 min read

J&M INDUSTRIES ANNOUNCES $4.5 MILLION MANUFACTURING EXPANSION IN PONCHATOULA

Tarp manufacturing project to result in more than 50 new direct and indirect jobs

Today, Gov. Bobby Jindal and J&M Industries President Maurice Gaudet announced the expansion of the company’s tarp manufacturing facility at the Ponchatoula Industrial Park on U.S. Highway 51 South in Ponchatoula, Louisiana. J&M Industries will make a $4.5 million capital investment to build a 120,000-square-foot addition at its manufacturing site. With the expansion, the company will retain 107 existing employees and create 30 new direct jobs with an annual average salary of $33,700, plus benefits. Louisiana Economic Development estimates the project will result in an additional 23 new indirect jobs, for a total of more than 50 new jobs in the Southeast Region. The company estimates the expansion also will create 20 construction jobs.

The announcement is the latest in a series of Ponchatoula expansions for the company. J&M Industries built an 80,000-square-foot facility in Ponchatoula in 1992 and added another 80,000 square feet in three subsequent expansions. The company also operates a 28,000-square-foot distribution center in Rayne, Louisiana, where it employs eight workers. J&M Industries produced textile bags early in its history, but the company has since discontinued production of textile bags, focusing on the development of protective covers and leveraging its custom tarp manufacturing expertise.

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