Gov. John Bel Edwards and Cortec LLC executive Larry Chauvin announced the company will invest $2.5 million to expand its industrial coatings facility in Port Allen. The company manufactures and services compact valves, chokes and other specialty equipment for the global oil and gas industry. The expansion will create four new direct jobs while retaining 42 existing jobs, increasing the company’s total payroll at the Port Allen facility to more than $3.3 million. Louisiana Economic Development estimates the project will result in seven new indirect jobs, for a total of 11 new jobs for West Baton Rouge Parish and the Capital Region. Throughout Louisiana, the Houma-based company currently employs about 150 people.
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