LAROSE, LA-Energy company Danos & Curole Marine Contractors has announced it will stay put in Louisiana, finding a site in Gray, LA for a $10 million corporate headquarters facility . Meanwhile, the company is also looking at various Louisiana port locations where it will build a $20 million manufacturing and fabrication facility.
Louisiana Economic Development estimates that the projects, with their combined $30 million capital investment, will result in an additional 871 new indirect jobs, for a total of nearly 1,300 new jobs in the state. Danos will retain fabrication operations at its current headquarters site in Larose where the company has operated since its 1947 founding in Lafourche Parish.
"Danos is one of Louisiana's deeply rooted homegrown companies renowned for its technical expertise, performance and, above all, outstanding safety in the oil and gas business," says Louisiana Governor Bobby Jindal in a press announcement. "The company has proudly called Louisiana home for decades, and it knows that our state is home to an incomparable workforce, a strong business climate and a tremendous energy infrastructure.”
"The Danos family business has deep roots in South Louisiana: The heritage and culture of this area are important to who we are as a company," adds company CEO Hank Danos in the same release. "We appreciate the commitment of our state's leadership. The Governor and the Secretary of Economic Development are shaping an environment that is beneficial to attracting and retaining companies who are creating good jobs in our state and region. We are thankful that our employees, customers and the state recognize the importance of our dedication to excellence in safety and job execution."
LED's Business Expansion and Retention Group worked with Danos to identify growth opportunities within Louisiana. To secure the headquarters and manufacturing project, the state offered Danos a customized incentives package that includes a performance-based, $1.5 million Economic Development Award Program grant to provide infrastructure improvements for the new manufacturing location. The state will also provide the comprehensive workforce solutions of LED FastStart, the state's workforce development training program. In addition, Danos is expected to utilize Louisiana's Quality Jobs and Industrial Tax Exemption programs.
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