New facility contributes to LA economic development
POSTED: Wednesday, April 21, 2010 - 4:14pm
UPDATED: Friday, June 4, 2010 - 12:00am
A new manufacturing facility will bring more than 300 jobs to the capital area and Governor Bobby Jindal says, this is just another step towards becoming the nation's economic powerhouse.
Point Bio Energy will make the Port of Greater Baton Rouge its home within the next year, bringing in 12.9 million dollars in new state tax revenue in the next 10 years.
The company makes wood pellets that will be shipped overseas to be used as sustainable energy. Construction on the facility will begin close to the end of 20-10...and production will begin at the end of 20-11.