Halliburton Senior Vice President Marc Edwards just announced that Halliburton will locate a new advanced manufacturing facility in Lafayette. The new facility will produce complex machined components for oilfield service operations with state-of-the-art manufacturing equipment.
Edwards says Halliburton will invest nearly $65 million in the project, which will create 150 new direct jobs with an annual payroll of more than $8 million, plus benefits. Louisiana Economic Development estimates the 150 new direct jobs will result in an additional 357 new indirect jobs and will generate nearly $4.4 million in new, local tax revenue over the next 10 years. Halliburton expects to begin construction on the new 200,000 square-foot manufacturing facility by July 2011, which will require at least 250 construction workers.
“Halliburton’s decision to build a new, state-of-the-art manufacturing facility in Lafayette is great news for Acadiana and our entire state,” said Gov. Jindal. “Halliburton’s investment will create 150 good-paying jobs in Lafayette, while also strengthening the manufacturing capabilities of the Acadiana area. Louisiana’s attractive, rapidly improving business climate and world-class workforce development capabilities continue to make our state one of the best places in the world for companies to expand, grow and succeed.”
Halliburton’s new facility will manufacture complex machined components for oilfield service operations with state-of-the-art manufacturing equipment, including numeric-controlled turning and milling equipment and additional value-added services, such as heat treatment, coating and other specialty operations. The facility will also have assembling operations and product testing operations performed before shipping components to oil and gas producers around the world.
Halliburton currently has approximately 2,800 employees who work and live in the state.