DMC Carter Chambers Inc., which provides integrated solutions for industrial valve, instrument, filtration and analytical applications, will invest $10 million on a new headquarters in Baton Rouge, Louisiana, creating 80 new jobs over the next nine years while retaining 128 existing jobs.
A subsidiary of Pon Holdings BV, DMC will consolidate its existing Highland Road corporate office and its Gonzales and Prairieville operations into a new 90,000-square-foot-facility. Along with creating 80 new direct jobs, Louisiana Economic Development estimates the project will result in an additional 115 new indirect jobs in the region. Construction of the company's new facility will begin this year, and the expansion will be completed by fall 2013.
"DMC Carter Chambers is grateful for our continued success over the past 52
years," said Joey Jobe, the company's president and CEO. "Our state-of-the-art
expansion will further propel us into a bright future. This investment in
Louisiana will have a positive impact on our employees, our clients and will
offer dynamic employment opportunities for the greater Baton Rouge area."
Gov. Bobby Jindal said, "over a year ago, our economic development team started
working with DMC to discuss their future here in Louisiana. The company
looked at relocating the Baton Rouge headquarters to Houston, where its
parent company is based. Ultimately, the company decided to not only stay in
Baton Rouge, but to expand their operations because of their strong and
dedicated workforce and the tremendous support of our local and state
economic development allies."
"The decision to stay and expand in Baton Rouge speaks volumes about
Louisiana's strong business climate and the strength of our oil and gas,
chemical, power, petrochemical, and paper industries," the Governor said.
As part of an incentive package, LED will provide DMC with a performance-based $600,000 Economic Development Loan Program award and a $400,000 Modernization Tax Credit, along with participation in the state's FastStart customized job screening, hiring, and training services. In addition, DMC Carter Chambers is expected to utilize the state's Quality Jobs and Industrial Tax Exemption programs.