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Area Development - Site Selection, Facility Planning and Workforce Development

Ascentek Expands Shreveport, Louisiana, Operations

07/02/2025
Ascentek, Inc., a company specializing in fluid and lubricant technology, plans to expand its operations in Shreveport, Louisiana. The $50 million project is expected to create 91 jobs in Caddo Parish.

The investment will include the construction of a new 270,000-square-foot manufacturing assistance facility and the enhancement of the company’s existing production and distribution center.

“The buildout of our new manufacturing assistance facility and the improvements we’re making to our existing facility in Shreveport not only broaden the ways we can support our customers but reinforce our commitment to the Shreveport community,” Ascentek President and CEO Chad Baker said. “Between job creation, economic stimulation and future growth, Ascentek is here to create a unique working environment for every teammate that joins the Ascentek family.”

To support the project Louisiana Economic Development (LED) offered an incentive package, including the comprehensive workforce development solutions of LED FastStart. The company is also expected to participate in the state’sIndustrial Tax Exemption and Quality Jobs programs.

“From day one, Governor Landry has ensured our department has had an equal focus on supporting and growing the businesses that have already created opportunities for our communities and people, and Ascentek is a prime example of one of those businesses,” LED Secretary Susan B. Bourgeois noted. “The company’s history of impact and innovation in every aspect of its work also aligns with our agency’s new strategic plan and is just one reason we are proud to continue our partnership as they renew their commitment to Louisiana and our workers.”

Ascentek supports OEMs, manufacturing and technology companies with private label fluid manufacturing, regional distribution, vehicle washes, hard parts assembly, drop-shipping and software solutions.

“Ascentek’s expansion is a major win for Shreveport, Caddo Parish and the entire Northwest Louisiana region,” added North Louisiana Economic Partnership President and CEO Justyn Dixon. “This $50 million investment not only reinforces the company’s long-standing commitment to our community but also validates the strength of our workforce, infrastructure, and strategic location. We’re proud to support Ascentek’s continued growth and look forward to the significant economic impact this project will bring through high-quality job creation and enhanced industrial capacity.”

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