What is Syrah Technologies Planning in Right to Work Louisiana?

Syrah Technologies is expanding soon in Right to Work Vidalia, Louisiana. In order to do this, the company is investing a total of $176 million toward the project. As a result, they also plan to create 36 new jobs. So all in all, this is great news for the area’s economy! It also shows how Right to Work states encourage business and job growth.

From Area Development Magazine:

“This is a confirmation of our vision to develop the first AAM facility in the U.S. and in Louisiana. […] Louisiana has all the right elements for the development of new technology in the manufacturing sector, including a vision for sustainable development that aligns well with Syrah’s values. Vidalia is a great community that has access to technology centers and benefits from excellent supply chain logistics optionality for this and potentially future expansions.†[…]

“This is just the beginning of Louisiana’s efforts to help vehicle manufacturers leverage our state’s unique logistical advantages to meet increasing electric car and truck demand. […] We congratulate Syrah for its commitment to sustainability, and applaud their continued investment in rural Louisiana.†[…]

“Congratulations to Syrah Technologies and the people of Concordia Parish on this important economic development announcement. […] Syrah’s investment will continue to diversify and expand the economy of Central Louisiana and provide critically needed high-paying jobs. The company is solidifying its position in the global supply chain for the making of lithium ion batteries.â€

AREA DEVELOPMENT MAGAZINE

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