Brown & Root To Establish Corporate Headquarters In Baton Rouge, Louisiana
Brown & Root operations will include newly acquired Wink Engineering, formerly Willbros Group downstream engineering assets, and its 325 Louisiana employees in Baton Rouge, Mandeville and St. Rose, near New Orleans.
According to Louisiana Economic Development, Brown & Root corporate headquarters will bring 25 executives to Baton Rouge by the end of 2015, followed by an additional 25 executives by the end of 2016, for a total of 50 new direct jobs. Louisiana Economic Development estimates an additional 72 new indirect jobs will result from the corporate operations, for a total of more than 120 new jobs associated with the Baton Rouge headquarters.
Brown & Root will create another 550 industrial jobs in Louisiana over the next decade, for a total of 925 Brown & Root jobs in Louisiana, in addition to the company’s thousands of employees deployed at branch offices and project sites worldwide.
“Louisiana’s talent in the industrial services sector ranks second to none, and this major headquarters announcement demonstrates what we know so well: Louisiana offers the best business climate, workforce talent and infrastructure assets in the world when it comes to building the future. We welcome Brown & Root to Baton Rouge, and we’re proud that this venture will create hundreds of great new jobs for families in our capital and throughout the state of Louisiana”, said Governor Bobby Jindal.
The headquarters project follows the acquisition, earlier this month, of Wink Engineering LLC from Willbros Group Inc. by an investment group led by Bernhard Capital Partners, a Baton Rouge private equity firm focused on energy services.
Louisiana Economic Development reported Bernhard Capital Partners, in partnership with Houston-based KBR Inc., is re-establishing Brown & Root as a globally recognized industrial services provider by combining KBR’s Industrial Services Americas Group with Wink Engineering. Brown & Root will continue serving customers in the downstream, refining, petrochemical, chemical and manufacturing industries, with a renewed focus on customer service and project execution in the industrial services segment of the energy marketplace.
“Louisiana and Baton Rouge are synonymous with hard-working, can-do people,” Brown & Root CEO Andy Dupuy said. “The industrial roots here are strong, and we look forward to making Brown & Root the gold standard of our industry, with Baton Rouge as our base of operations. We would like to thank our local, regional and state partners for helping make today a reality. We look forward to quickly expanding our industrial services offerings throughout the world.”
LED began discussing the corporate headquarters project with the company in May 2015. To secure the project, the State of Louisiana offered Brown & Root a competitive incentive package that includes a performance-based $1.8 million performance-based grant to reimburse relocation costs and to provide lease support for the corporate headquarters. The company also will receive the comprehensive solutions of LED FastStart, ranked the nation’s No. 1 state workforce development program. In addition, Brown & Root is expected to utilize the state’s Quality Jobs Program.
“Brown and Root’s selection of Baton Rouge brings a tremendous company legacy – with formative ties to Louisiana as far back as the 1920s – to our fast-growing area, further strengthening our regional economy,” said President and CEO Adam Knapp of the Baton Rouge Area Chamber. “BRAC’s team became engaged early on in the company’s discovery process and worked closely with management on market analysis.”
Supply Chain Bottlenecks Creating New “Logistical Hotspots”
2020 Top States for Doing Business Showcase Their Pro-Business Environments
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
35th Annual Corporate Survey: Effects of Global Pandemic Reflected in Executives’ Site and Facility Plans
Latest Trends in the Industrial Real Estate Sector Here to Stay
Auto Industry Is Betting on Sustainability
2021 Auto/Aero Site Guide