Page 22 - GlobalEyes Edition 3 Jun 2011

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GLOBALEYES / EDITION 3
GLOBALISATION
22
Louisiana State Governor, Bobby Jindal.
President and COO of
Bradken’s North American
Division Tom Armstrong said
the expansion included
extending the foundry
building and installing key
manufacturing equipment,
such as molding equipment,
cranes and furnaces.
“The decision to choose the
Amite facility for this expansion
was made easier due to our
existing excellent workforce
base and the assistance and
benefits provided by the
Louisiana Department of
Economic Development,”
continued Mr. Armstrong.
The expansion represents
a capital investment of
approximately $18.1 million
and is expected to be
complete in about 18 months.
It includes an extension of the
existing molding/core making
area, and will approximately
double Amite’s molding
capacity, improve product
flow and enable increased
utilization of downstream
manufacturing areas.
Bradken’s expansion of its
foundry in Amite, Louisiana,
has been welcomed by the
State’s Governor, Bobby
Jindal, and by the Louisiana
Department of Economic
Development (LED).
As the massive recovery
efforts continue in the area in
the aftermath of Hurricanes
Katrina and Rita, the Bradken
announcement of the
expansion was welcomed
as a major economic coup
for the embattled area.
The expansion represents
a capital investment of
$18.1 million, and will create
171 new jobs and retain 179
existing positions. LED also
estimated the expansion would
resulting the creation of 223
new indirect jobs.
Governor Jindal said Bradken’s
expansion decision was “great
news” for Amite, underscoring
the confidence being placed
in the area’s workforce and
business climate.
The Amite facility manufactures
and machines large, complex
steel castings for application
across several industries,
including mining, construction,
dredge, oil and gas and marine.
The expansion will enable
Bradken to increase its
capabilities and capacity to
produce customized steel
cast products.
FOUNDRY EXPANSION
GREAT NEWS FOR LOUISIANA