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2022 Q1 Investor Update

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MAKING AN IMPACT<br />

BUSINESS DEVELOPMENT<br />

BUSINESS DEVELOPMENT WIN<br />

PROGRESS REPORT<br />

On March 10, Greenberry Industrial, a Washington-based fabricator and<br />

contractor, announced that it is in the process of converting a shipyard<br />

fabrication facility into a manufacturing plant that will result in a significant<br />

number of new jobs in Jeff Davis Parish. The new plant will occupy the<br />

former Gulf Islands Shipyards facility located on 180 acres along the<br />

Mermentau River near Jennings.<br />

5-YEAR IMPACT<br />

CAMPAIGN GOAL<br />

5-YEAR<br />

TOTALS<br />

% OF<br />

5-YEAR<br />

GOAL<br />

The company will create 100 new direct jobs with an average annual salary<br />

of $62,000 plus benefits. Louisiana Economic Development estimates<br />

the project will result in 144 indirect jobs, for a total of 244 new jobs in<br />

Louisiana’s Acadiana Region.<br />

DIRECT JOBS 3,500 2,262 65%<br />

INDIRECT JOBS 2,107 2,745 130%<br />

CAPX $980,000,000 $434,065,000 44%<br />

NEW PAYROLL $270,214,000 $98,500 36%<br />

ANNUAL IMPACT<br />

CAMPAIGN GOAL<br />

<strong>2022</strong><br />

TOTALS<br />

% OF<br />

ANNUAL<br />

GOAL<br />

DIRECT JOBS 700 100 14%<br />

INDIRECT JOBS 421 144 34%<br />

CAPX $196,000,000 $500,000 0%<br />

NEW PAYROLL $54,042,800 $6,200,000 11%<br />

BUSINESS RETENTION & EXPANSION SUPPORT<br />

Through active dialogue with the business community, we are committed to<br />

growing businesses, capital investment, and employment opportunities in<br />

the Acadiana region.<br />

MET WITH<br />

67<br />

REGIONAL COMPANIES<br />

ANNUAL GOAL IS 160+

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