Halliburton plans manufacturing facility in Lafayette

Halliburton is building a new manufacturing facility in Lafayette to produce components for oilfield service operations. The company will invest nearly $65 million in the project, which will create an…

Halliburton is building a new manufacturing facility in Lafayette to produce components for oilfield service operations. The company will invest nearly $65 million in the project, which will create an estimated 150 new direct jobs with an annual payroll of more than $8 million, plus benefits. Halliburton expects to begin construction on the new 200,000 square-foot manufacturing facility by July 2011, which will require at least 250 construction workers. Halliburton’s new facility will manufacture complex machined components for oilfield service operations, including numeric-controlled turning and milling equipment and additional value-added services, such as heat treatment, coating and other specialty operations. The facility will also have assembling operations and product testing operations performed before shipping components to oil and gas producers around the world. Says Halliburton Senior Vice President Marc Edwards: “With Lafayette’s strong workforce and economy, access to major transportation zones, and the Louisiana FastStart program to help hire and train our employees, this is a great place to grow our business.” Halliburton will receive a performance-based grant of $2 million for site acquisition and infrastructure from the Louisiana Rapid Response Fund and customized workforce solutions from the Louisiana FastStart worker training program. The company also will take advantage of the state’s Quality Jobs and Industrial Tax Exemption programs.