Etheredge Industrial Services Plans Overhaul & Repair Complex in Lake Charles, Louisiana
06/24/2020
The company is making a $433,000 capital investment, transferring two jobs from its Texas location, and creating three new direct jobs in Calcasieu Parish. Through the expansion, Etheredge Industrial Services will retain 65 existing jobs, most of them at the company’s original location in Shreveport, and the new direct jobs will average more than $47,600, plus benefits, according to Louisiana Economic Development.
For customers in the steel; petrochemical; pulp and paper; mining; railroad; wood products; and other manufacturing and transportation sectors, Etheredge Industrial performs both on-site service repairs and extensive shop-based reconditioning, rewinding, refurbishing, overhaul and cleaning of all makes and sizes of AC and DC electric motors.
“Etheredge Industrial Services is proud to announce our new Lake Charles industrial electric motor and mechanical repair facility,” CEO Mike Etheredge said. “We are committed to growth of both the facility and personnel as we service the many industrial plants along the Louisiana-Texas Gulf Coast. With locations in Shreveport and Tyler, Texas, we have enjoyed over 34 years of growth in North Louisiana, East Texas and the surrounding states of Arkansas, Oklahoma, Mississippi and Tennessee. We believe a strong presence in the Louisiana Gulf Coast region is essential to continuing that growth for many years to come.”
LED began discussing a potential expansion to Calcasieu Parish with Etheredge Industrial Services in May 2019. To secure the project, the State of Louisiana is providing participation in the Enterprise Zone and Industrial Tax Exemption programs.
“Etheredge Industrial Services is a family founded, owned and operated business that prides itself on quality, state-of-the-art service to its customers,” Governor John Bel Edwards said. “Homegrown companies that strive to be the best at what they do are the heart of Louisiana’s business culture and work ethic. We are happy to encourage the growth of Etheredge Industrial Services as the company supports major industrial employers throughout Louisiana.”
“The Chamber SWLA and SWLA Economic Development Alliance welcome Etheredge Industrial Services to our region,” said President and CEO George Swift of the Southwest Louisiana Economic Development Alliance. “This new addition builds upon a steady and diversified economic development near Chennault Airpark. Etheredge can serve the many industries in the Gulf Coast region from this new facility, and we look forward to having them grow in Southwest Louisiana.”
Project Announcements
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024