Triton Stone Group Relocates Headquarters-Operations To New Orleans, Louisiana
As part of the project, Triton Stone Group of New Orleans, which will now operate as Triton Stone Group, will add a distribution center at the Port of New Orleans to its operations. The new distribution center will consolidate some of the company’s import activities from out-of-state to a single location in Louisiana.
The company is investing $700,000 in a new 22,500-square-foot center at the port. Construction of that center will break ground by the second quarter of 2017 and will result in an increase in container shipments to New Orleans.
“We are so excited about the acquisition and future growth of Triton Stone Group,” said President Katie Jensen Peralta of Triton Stone Group. “We started in New Orleans, and this city has given us so much to be thankful for. Triton is a family company with deep roots in New Orleans. We are invested in the future of our employees and the future of our company.”
In addition to Triton’s increased presence at the port, the company is expanding its existing administrative offices in Harahan to serve as the headquarters for the expanded business. An additional auxiliary office is located in Mandeville.
To secure the company’s headquarters relocation and increased distribution activity in Louisiana, Louisiana Economic Development offered Triton Stone Group a competitive incentive package that includes a $100,000 grant from the Economic Development Award Program. The company also is expected to utilize the state’s Quality Jobs Program.
“Triton Stone Group’s new value-added distribution facility at the Port of New Orleans is a strong addition to the real estate portfolio we offer on more than 1,000 acres along the industrial canal,” said President & CEO Brandy Christian of the Port of New Orleans. “It further positions the Port of New Orleans as a leading import and export port in this region.”
“This project merges several importing efforts to the Port of New Orleans, providing Triton Stone Group with strengthened logistics capabilities and creating great new job opportunities for our people,” Governor John Bel Edwards said.
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