Elevating Boats, which makes boats and hydraulic components for the offshore industry, says it will expand its Ponchatoula manufacturing facility, a move that will create 39 new jobs. The company says it will spend $3.3 million to add 6,400 square feet to its plant, a move that will allow it to make a new gear system for liftboats and barges. The new jobs will have an average salary of $43,403 plus benefits. Gov. Bobby Jindal hailed the move. “The company’s innovative new gear system will undoubtedly make an impact on the boat and oilfield industry in Louisiana, demonstrating that our state’s business enterprises can compete with our nation’s most inventive companies,” he says. The expansion should be finished by September, and Elevating Boats expects to fill the new jobs by early 2012.
Ponchatoula manufacturer to expand, add 39 jobs
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