Prolec GE USA Expands Caddo Parish, Louisiana, Electrical Transformer Manufacturing Facility
04/27/2023
The investment will include the acquisition of new equipment and the installation of a third production line which will help the company manufacture electrical transformers used in wind farms, solar parks and other industrial and renewable energy applications. Full production capacity if schedule for June 2024.
“The hardworking and dedicated people of Louisiana were the main driver behind our decision to invest in our Shreveport operations,” Prolec GE Business Unit Director Sergio Eduardo Fernandez said. “We look forward to the continued success of the business and the betterment of our community.”
To secure the project, the state of Louisiana offered Prolec GE an incentives package that includes the comprehensive workforce solutions of LED FastStart as well as a performance-based award of $500,000 for construction, equipment and implementation of the new product line. The company is also expected to apply for the state’s Industrial Tax Exemption and Quality Jobs programs.
“I applaud Prolec GE for recognizing the business growth opportunity presented by the shift to cleaner fuel sources, and thank them for choosing Louisiana to serve those new and growing energy producers,” Governor John Bel Edwards noted. “This expansion will grow the northwest Louisiana economy and create more than 300 new job opportunities for our state’s highly skilled and capable manufacturing workforce. Our state is positioned to lead the way as America and the world transition to cleaner energy.”
Prolec GE designs, manufactures and sells products and solutions for electricity generation, transmission and distribution. As North America’s largest transformer producer, the company services a variety of industries including construction, engineering, and conventional and renewable energy.
“Our existing industry in north Louisiana continues to make a significant impact on the community, and Prolec GE’s new job creation is a substantial contribution to it,” North Louisiana Economic Partnership president & CEO Justyn Dixon added. “This additional investment in Caddo Parish is a testament to north Louisiana's steadfast workforce and strong business climate. We congratulate the team at Prolec GE and are proud to have them a part of north Louisiana’s ecosystem.”
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