Jindal, BASF announce $42M investment in new facility
GEISMAR - Governor Bobby Jindal, along with BASF officials have announced the company's plans for another major expansion in Louisiana.
A new polyurethanes blending facility is set to be built in Geismar.
The $42.6 million project now makes more than $350 million that BASF has invested in the state since 2009.
It will create 22 new direct jobs, with an average salary of more than $72,000 per year, plus benefits. The project will also will create an estimated 175 constuction jobs.
Gov. Jindal said, "Today's announcement is great news for Ascension Parish and our entire state".
Polyurethanes produced by BASF are supplied to other manufacturers who turn them into leading automotive, furniture and construction industry goods.
The facility is set to be completed in the spring of 2015.