Folgers Breaks Ground on $69M New Orleans-area Expansion
09/23/2010
"Our New Orleans Folgers operations have been part of the community for 50 years, and we are excited that this expansion will be a major factor in the continued growth and success of our Folgers coffee business," said Smucker Executive Chairman and Co-CEO Richard K. Smucker. "We greatly appreciate the continued support of the state of Louisiana and the city of New Orleans, and are thankful for their contributions toward this critical project."
Louisiana Economic Development has extended the company an incentive package of $3 million for relocation expenses, a $2.1 million tax credit from the state's Retention and Modernization Program, and $500,000 in drainage and surface improvements from the state's Economic Development Award Program. Louisiana Fast Start will provide job training. And Folgers is expected to use the state's Industrial Tax Exemption and Quality Jobs program.
Folgers' New Orleans facility is the company's largest production site in the country.
Project Announcements
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024