Cortec and Louisiana Economic Development (LED) have announced a US$2.5 million expansion of Cortec’s industrial coatings facility in Port Allen, Louisiana, US.
Cortec and LED began working on the proposed expansion in March 2018, which will be completed by 2Q19. The expansion will allow Cortec to increase its space, equipment and capabilities from its existing operations and expand further into specialised coatings to enhance the performance and lifespan of equipment. The company will create four new jobs and seven indirect jobs with the Port Allen expansion.
Louisiana governor, John Bel Edwards, said” “Louisiana is fortunate to have an innovative manufacturing sector, with companies such as Cortec continuing to grow and thrive. This homegrown company has found a formula for success in providing key products to the oil and gas drilling industry, both here and abroad. We look forward to Cortec’s continued growth in Louisiana.”
Larry Chauvin, president of Cortec Manifold Systems, said: “We are excited to further expand the capabilities of our Port Allen facility. These measures will not only give a significant increase to capacity but aid our mission to serve the industry with products of the highest quality available.”
Read the article online at: https://www.hydrocarbonengineering.com/special-reports/18072018/cortec-expands-coating-facility/