Shintech Invests $1.3 Billion in Two Right to Work Louisiana Locations

Shintech is one of the most popular PCV manufacturers in the market. Now, they are planning expansions soon in two locations – Iberville and Baton Rouge parishes in Louisiana. In order to do this, they are investing $1.3 billion toward the projects. This will help them do what’s needed in order to increase production to the rate they need. In addition, this will create 30 new direct jobs, as well as 159 new indirect jobs – all of which will pay very well. So this will be a great addition to the area’s economy.

From Area Development Magazine:

“Shintech continues to invest in and increase its manufacturing presence in the North American market. […] We appreciate the company’s confidence in our local manufacturing team. The jobs and infrastructure the company has built in Plaquemine and Addis continue to create much-needed economic development in our communities. [W]e work every day to continue our commitment to live locally, hire locally and buy locally as the company’s footprint grows.†[…]

“[Shintech has] long been one of our top three exporters, a committed and vital component of our growing export business and an innovative partner in the shipment of the plastic resins which make us competitive in the global market. These expansion plans are great for our region, and we appreciate their continued longstanding commitment to Louisiana.†[…]

“The fundamental importance of investments like these has never been more obvious. […] Not only is Shintech investing serious capital into our economy, supporting both full-time and contract construction jobs, but it is also domestically producing critical material [for] sectors like health care, technology and construction. We celebrate Shintech’s announcements and look forward to working with them on these and future projects in our regional parishes.â€AREA DEVELOPMENT MAGAZINE

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