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Hayes To Expand La. Fabrication Plant, Hire 75

Thu, 12/19/2013 - 12:34pm

PINEVILLE, La. (AP) — The Hayes Cos. will invest $3 million to expand its metal fabrication plant.

Hayes will hire another 75 workers in Pineville, La., paying them $45,000 a year, on average.

The company says it's selling more to large clients, including Union Tank Car Co., General Electric Co. and OneSubsea.

Hayes will add 60,000 square feet to its plant, growing by more than 50 percent. The expansion is targeted for late 2014 completion

Louisiana Economic Development will make a $500,000 loan that will be forgiven if Hayes meets certain targets. The company could also claim $1.7 million from Louisiana's Quality Jobs program over 10 years, a rebate of 5 percent of average salary. The company will also get worker training and industrial tax exemptions.

Hayes also provides crane services and plant maintenance.

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