Gov. John Bel Edwards and Plant Manager Paul Heurtevant of Formosa Plastics Corporation, Louisiana (FPC) announced the company will invest $332 million to expand its production of PVC. Formosa Plastics also will add production equipment in two other units of the company’s Baton Rouge manufacturing facility, which FPC has operated since 1981. The project will create 15 new direct jobs with an average annual salary of $77,667, plus benefits. Louisiana Economic Development estimates the project will result in 66 new indirect jobs, for a total of 81 new jobs in East Baton Rouge Parish and the Capital Region. Formosa Plastics also will retain 230 existing jobs. The expansion work is expected to create 500 construction jobs beginning in early 2020.