Danos & Curole announces a new $10 million headquarters in Gray and a $20 million manufacturing and fabrication plant at one of two Louisiana ports under consideration.
THIBODAUX, La. (AP) - An oilfield service company plans a new $10 million headquarters in Gray and a $20 million manufacturing and fabrication plant at a Louisiana port.
President and CEO Hank Danos says Danos & Curole Marine Contractors LLC is considering at least two ports. The manufacturing site to be selected will be decided within three months.
Gov. Bobby Jindal says the expansion will create 426 new jobs over the next five years - 326 at the headquarters site and the rest at the manufacturing site.
The two announced the plans Tuesday in Thibodaux.
Danos will continue fabrication at its current headquarters in Larose.
The company considered moving its headquarters to Alabama, Mississippi and Texas.
Louisiana Economic Development is providing a performance-based $1.5 million grant for infrastructure improvements.