Life for Tyres Group Limited Establishes Operations in Right to Work Louisiana

Life for Tyres Group Limited is investing $46 million in order to establish a US operating facility in Right to Work St. John the Baptist Parish, Louisiana. As a result, the company plans to create 46 new jobs. So this is exciting news!

From Area Development Magazine:

“We are very excited about expanding our operations in the U.S. in the state of Louisiana and being part of its energy transition. […] A strong industrial ecosystem, the availability of qualified personnel and suppliers, excellent connectivity, abundance of feedstock and proximity of our final clients are just a few of the many reasons why L4T Group, following a thorough market study, decided for Louisiana to be home to our first investment in the U.S. We are looking forward to a long and fruitful partnership with the Port of South Louisiana and to being good corporate citizens for the state of Louisiana.” […]

“At the Port of South Louisiana, we have made environmental sustainability a pillar in our mission as we seek private investments that not only create jobs for River Region families, but are also safe for our community. […] The first of its kind in the nation, L4T Louisiana will be a world-class, carbon positive facility where Louisiana’s workers will produce high-quality totally sustainable commodities. This project will be a welcome addition to Globalplex, making it a greener and more efficient facility with room to grow.” […]

“We are thrilled to welcome Life for Tyres to the Greater New Orleans region, creating economic growth and new jobs in St. John the Baptist Parish. […] The company’s innovative process not only helps put discarded tires back into commerce, it transforms them into sought-after biofuel products that help prove that Louisiana will be the all-of-the-above energy state of the future.”

AREA DEVELOPMENT MAGAZINE

To read the previous economic update on Right to Work states, click here.