Arcadia, Louisiana just keeps growing. Town mayor eugene smith says his town has gained 12 new businesses over the past 10 years and has created dozens of jobs, which is substantial for a town of just a little more than three thousand citizens. That growth caught the attention of Governor Bobby Jindal who shook hands and gave an economic development announcement at Arcadia's pipe and tube manufacturer Haynes International. He delivered great news for town.
"Arcadia's doing real well, but this will make us do even better," Mayor Smith said.
Governor Jindal announced Haynes International will expand its facilities creating 60 new jobs and retaining 141 in the area. The company will invest 37 million dollars into the expansion. Arcadia facility manager Tony Campbell says the jobs will come but not fast.
"It's being nickeled and dimmed a little bit going forward, but once we get this thing rolling, we'll be fully functional in 18 to 24 months," Campbell said.
Campbell says Haynes chose to expand this site over others due to incentives given by the state and the local workforce.
"We already have a very skilled workforce," Campbell. "The workforce here is incredible. They're a good group of folks."
Haynes Internation has joined a list of several companies choosing to grow in Louisiana. Governor Jindal pointed out how this has help the state during the recession.
"The list goes on and on. that is one of the reasons, despite the national recession, Louisiana has out performed the national and southern economies every single month," Jindal said. "Since january 2008, our unemployment rate has been below the national and southern average."
Haynes International manufactures pipes and tubes for energy and aerospace industries a top client of theirs is NASA. Arcadia Mayor Eugene Smith says his town plans to bring in 25 to 30 more jobs through a gas storage facility being developed. That will be a 220 million dollar investment.