Recap: Here are the Newest Right to Work Louisiana Business Locations!
Businesses are choosing to invest in Right to Work Louisiana as a result of its Right to Work laws and economic benefits that come with them. In fact, three businesses will soon be adding new locations here. The companies investing in Right to Work Louisiana include Tides Medical and Kindle Energy, as well as Kumho Tires. Read on in order to learn more!
Tides Medical:
Tides Medical is investing $1.5 million in order to upgrade its headquarters in Right to Work Lafayette, Louisiana and create 40 new jobs.
“We believe that Louisiana biotech companies like Tides Medical play an important role in saving limbs and lives through the development and manufacturing of advanced treatments like our Artacent products for chronic wounds. […] As our population ages, we must invest in solutions that will prevent negative outcomes for patients with chronic wounds, including millions that receive no advanced wound care treatment today. We can do that here in Louisiana by creating quality jobs, and funding innovative research and development.†[…]
“We are thrilled to share the news of Tides Medical’s manufacturing facility and headquarters expansion. […] Since establishing in Lafayette in 2009, Tides has been an innovator in the biotechnology field serving clients across the U.S. I applaud CEO Joe Spell for choosing to grow this company right here at home, and I look forward to seeing Tides Medical continue its growth in Lafayette with 40 new direct jobs in the high-wage, high-demand medical and manufacturing fields.â€
AREA DEVELOPMENT MAGAZINE
Kindle Energy:
Kindle Energy is investing $750 million in order to add a new location and create 25 new jobs in Right to Work Iberville Parish, Louisiana.
“This investment by Kindle Energy is a win for job creation, emissions reduction and rural resilience.†[…]
“We applaud Kindle Energy for their decision to invest in Iberville Parish in Louisiana’s Capital Region. […] Kindle Energy’s investment adds to our quickly growing new energy sector, which has seen over $25 billion in announced or proposed projects since 2020. This is a big win for Iberville Parish to secure this $750 million capital investment.â€
AREA DEVELOPMENT MAGAZINE
Kumho Tires:
Kumho Tires is creating new jobs in Right to Work St. Mary Parish, Louisiana as a result of a new facility here.
“We are thrilled Kumho Tire chose Louisiana for a new tire distribution facility. This is a testament to the work Port NOLA and our economic development partners have done to attract new imports and grow container business statewide. Kumho’s investment will also strengthen Louisiana’s position in the rubber and tire market as Port NOLA continues to be the number one importer of natural rubber in the United States.†[…]
“This announcement is a major win for St. Mary Parish and the State of Louisiana that was made possible only through the collaboration with our local stakeholders and economic development partners throughout the state. […] I am excited about what opportunities will be created through this announcement, and I emphatically welcome Kumho to St. Mary Parish.â€
AREA DEVELOPMENT MAGAZINE
To read the previous update on economic development in Right to Work Louisiana, click here.