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1A Annual Report 2016

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Hazelwood Energy Hub<br />

Fuel Storage and Distribution<br />

Project<br />

The $400 million St. Landry project will create<br />

120 permanent positions with an average salary<br />

of $63,500, plus benefits. According to an LED<br />

analysis, the expansion also will result in an<br />

estimated 145 new indirect jobs, along with 200<br />

construction jobs.<br />

A L I G N E D T O A C C E L E R A T E<br />

3<br />

“We are proud to welcome a dynamic player<br />

in energy storage to our nine-parish region.<br />

Hazelwood Energy’s decision to invest in St.<br />

Landry will grow and diversify one of our region’s<br />

cornerstone industries, and validates Acadiana’s<br />

outstanding business climate and workforce.”<br />

JASON EL KOUBI<br />

LeMoyen Mill and Timber’s<br />

Manufacturing Facility<br />

LeMoyen Mill & Timber LLC will acquire and invest<br />

an additional $2 million to develop a wood products<br />

manufacturing facility in LeMoyen, Louisiana. The<br />

mill site is located near U.S. 71 in northern St. Landry<br />

Parish, with access to the Union Pacific Railroad line.<br />

The result of this acquisition includes 32 new direct<br />

jobs and 20 retained employees, representing<br />

nearly $2,000,000 per year in total direct payroll,<br />

plus benefits.<br />

“We are very excited about the LeMoyen mill and<br />

facilities along with their core team of dedicated<br />

and talented personnel. The mill, with its production<br />

capacity and immense hardwood lumber storage,<br />

brings tremendous integration opportunities to our<br />

mat distribution company, American Mat & Timber.<br />

St. Landry Parish, with its abundance of hardwood<br />

resources and its proximity to our branch locations,<br />

our customers, and rail and major waterways,<br />

is the perfect spot for us.”<br />

ROBERT W. LATIMER<br />

CEO | Adobe Machinery Group LLC<br />

Crown Bioscience<br />

Pharmaceutical Facility<br />

Crown Bioscience will coordinate its research efforts<br />

with the New Iberia Research Center, an affiliate<br />

of the University of Louisiana at Lafayette, which<br />

specializes in the management of non-human<br />

primates for applied and basic research. At<br />

the research center, Crown Bioscience will make a<br />

$1 million capital investment and create 10 new<br />

direct jobs with an average annual salary of<br />

$70,000, plus benefits.<br />

“This project provides an excellent example of<br />

how Louisiana’s higher education system is<br />

leveraging its strengths to attract new investment<br />

in bioscience to our state. Sophisticated<br />

pharmaceutical research performed in a sensitive<br />

and progressive manner is essential for our state,<br />

nation and world to combat illnesses and diseases<br />

that continually pose new challenges. We’re proud<br />

that this important work will be taking place in<br />

our state and will build upon the resources of UL<br />

Lafayette and the New Iberia Research Center.”<br />

GOVERNOR JOHN BEL EDWARDS<br />

<strong>2016</strong> ANNUAL REPORT | 9

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