Bradken Announces Major Expansion in Amite |
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Bradken Engineered Products Division
12200 NW Ambassador Dr., Suite 647
Kansas City, MO, 64163
USA
Press release date: February 8, 2011
Expansion to create 171 new direct jobs, retain 179 existing jobs and include $18 million capital investment
Today, Gov. Bobby Jindal joined BradkenŽ Engineered Products division President and Chief Operating Officer Tom Armstrong, Greater New Orleans Inc. President and CEO Michael Hecht and Tangipahoa Economic Development Foundation Executive Director Bob Basford along with other officials to announce Bradken is expanding its foundry in Amite.
The expansion project represents a capital investment of $18.1 million, and will retain 179 jobs and create 171 new direct jobs at an average annual salary of $37,500, plus benefits. Louisiana Economic Development estimates the expansion will also result in the creation of 223 new indirect jobs, for a total of nearly 400 new jobs, along with nearly $5.3 million in new, state tax revenues and nearly $3.2 million in new, local tax revenues over the next 10 years. Bradken expects to complete the expansion in around 18 months.
Bradken's expansion will help the company make more customized metal products. Major investments planned for the expansion include mixers, blast tool upgrades, a 50-ton crane used for moving large pieces of raw steel into the melting hoppers, heat treatment capacity expansion, and an expanded foundry bay and metal refining capabilities.
Read more about Bradken's expansion in Amite.
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