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Area Development - Site Selection, Facility Planning and Workforce Development

K&B Machine Works Expands Terrebonne Parish, Louisiana, Operations

06/21/2023
K&B Machine Works, doing business as K&B Industries, plans to expand its advanced manufacturing division by establishing a new production base in Terrebonne Parish, Louisiana. The $12 million project is expected to create 70 jobs.

The recently acquired 118,000-square-foot facility on Equity Boulevard near Houma will allow the company to increase production and better serve the state’s growing aerospace and semiconductor manufacturing equipment markets. Operations are scheduled to begin by the end of 2023.

“K&B Industries has always pursued the latest technologies regardless of the markets we serve, and our diversification into the aerospace and semiconductor markets has allowed us to build a skill set that did not exist in the area before,” K&B Industries President Kenny Wood, Jr. said. “Our investment in our people has led us to establish a variety of training programs to help grow from within to meet the complex demands of manufacturing, quality, assembly, test and processing of rigorous aerospace and semiconductor industry standards.”

The state of Louisiana offered K&B Industries an incentives package including a performance-based $480,000 retention and modernization tax credit subject to the achievement of payroll and investment targets. The company is also expected to participate in the state’s Industrial Tax Exemption and Quality Jobs programs.

“This commitment by K&B Industries signals the ongoing economic recovery of the Bayou Region and illustrates the strength and diversity of Louisiana’s manufacturing and aerospace sectors, which I have worked hard this week to strengthen while meeting with companies around the Paris Air Show,” Governor John Bel Edwards noted. “Manufacturing investments have a powerful ripple effect on the economic health of our rural communities. Thank you to K&B Industries for doubling down on Terrebonne Parish and the area’s skilled and resilient workforce.”

K&B Industries is a leading supplier of premium threading, manufacturing and engineering services for the aerospace and oil and gas industries.

“K&B Industries is one of the top-rated companies to work for and an exceptional community partner in Terrebonne Parish,” Terrebonne Economic Development Authority CEO Cohen Guidry added. “The company has been providing superior services to the energy industry for nearly 50 years and this latest expansion will allow them to offer services never before available in the state of Louisiana.”

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