Baton Rouge-based manufacturer Riverland Industries has filed two notices with Louisiana Economic Development, notifying the agency of its intentions to expand and pursue state tax incentive programs.
The company, located on 38-plus acres off Scenic Highway, plans to make improvements and upgrades to its existing facilities and ongoing operations, including a new manufacturing warehouse, according to the notices. The investments are expected to create at least 15 new jobs within the first 24 months.
The improvements represent a $5 million investment, according to LED.
The company has also filed notice that it intends to take advantage of the state’s Industrial Tax Exemption Program and the Quality Jobs Program. Earlier this year, the Louisiana legislative auditor questioned the effectiveness of the Quality Jobs Program.
Founded in 1999, Riverland began as an alumina trihydrate drying facility for one of the local alumina refineries. Since then, the company has grown to more than 50 employees.
