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Saturday, November 23, 2024

Bercen, A Vertellus Company, announces $17.5 million expansion of Denham Springs plant

Chemical company's expansion to result in 31 new jobs, 55 retained

DENHAM SPRINGS, La. – Bercen, a division of  specialty ingredients manufacturer Vertellus, is announcing a $17.5  million expansion of its Denham Springs facility that will allow the  company to retain 55 jobs and create eight new jobs with an average  annual salary of $75,000 plus benefits. Louisiana Economic Development  estimates the expansion will result in 23 indirect jobs, for a total of  31 new jobs in Louisiana’s Capital Region.

The Denham Springs facility produces  specialized client solutions for paper packaging, fuel and lubricants,  coatings and industrial applications.

“Time and again, companies are reinvesting  in Louisiana manufacturing facilities, proving that our state has the  workforce, business climate and transportation logistics for these  critical supply-chain companies to thrive,” Louisiana Gov. John Bel  Edwards said. “Bercen’s commitment to retain existing jobs and add  good-paying jobs at its Denham Springs facility is a credit to the  skilled advanced manufacturing workforce in Livingston Parish. We  appreciate the company’s recognition of our state’s business advantages  and look forward to the economic activity this investment will stimulate  in the Capital Region.”

The company plans to begin expanding its  facility in August, with completion expected by the end of the year.  Hiring for the new positions has begun, and full commercial operations  at the expanded facility are anticipated to start in Q1 of 2023.

“Louisiana’s support of manufacturing  businesses like ours makes it a desirable place to invest,” Vertellus  Vice President and General Manager Jim Elliott said. “The local  leadership in Livingston Parish has given more than 60 years of  continuous support to the site. The chemical manufacturing industry  relies on Louisiana just as Bercen relies on the skilled workforce and  local collegiate talent from the region.”

The company plans to make infrastructure  and equipment upgrades to increase production capacity and upgrade the  environmental management capabilities for its site.

“In the past two years, businesses have  faced tough challenges and worker shortages, so it is great to learn  that Bercen has plans to improve and expand its business capabilities as  well as its workforce, adding 8 new jobs locally,” said Livingston  Parish President Layton Ricks. “Bercen has met and exceeded its  productivity estimates since locating to Livingston Parish, and I am  excited that this trend is continuing.”

To secure the expansion at the Denham  Springs facility, the State of Louisiana provided Bercen with a  competitive incentive package that includes $250,000 from the Economic  Development Award program. The Vertellus company is also expected to  utilize the state’s Quality Jobs and Industrial Tax Exemption programs.

“We are pleased that Bercen has made the  decision to expand their Livingston Parish operation with a significant  capital investment and commitment to bring more high-paying jobs to the  local community,” Livingston Economic Development Council President and  CEO David Bennett said. “In a time when many businesses are struggling,  it’s nice to celebrate a company that is willing and able to make the  necessary investment to capture a new market opportunity.”

“Vertellus has found the talent,  infrastructure and support from the state and local level to succeed,”  said Adam Knapp, President, and CEO of the Baton Rouge Area Chamber. “We  join our partners in Livingston to celebrate this exciting growth in  our Capital Region.”

About Vertellus

Vertellus is a leading global manufacturer  of specialty materials and key ingredients for fundamental consumer  necessities. With a growing portfolio of solutions, Vertellus is  dedicated to becoming the preferred global supplier of specialty  ingredients and innovative materials that enhance quality of life,  support health and wellness and enable customers to deliver value-added  solutions. Vertellus technology can be found in personal care products,  pharmaceuticals, medical devices, nutraceuticals, food and beverages,  performance coatings, transportation additives and more. Headquartered  in Indianapolis and founded in 1857, Vertellus has more than 1,300  employees across 15 international research and manufacturing facilities.  Vertellus is a Responsible Care® company. For more information, visit www.vertellus.com.

About LED

Louisiana Economic Development is  responsible for strengthening the state’s business environment and  creating a more vibrant Louisiana economy. It is the only state agency  in the U.S. accredited by the International Economic Development  Council, boasting a wide range of award-winning programs and projects routinely ranked among the nation’s best. In 2021,  LED attracted 64 new economic development projects representing over  18,100 new direct and indirect jobs, 9,700 retained jobs and more than  $20.5 billion in new capital investment. Explore how LED cultivates jobs  and economic opportunity for the people of Louisiana, and promotes  business opportunity for employers of all sizes at OpportunityLouisiana.com.

https://www.opportunitylouisiana.com/led-news/news-releases/news/2022/07/21/bercen-a-vertellus-company-announces-$17.5-million-expansion-of-denham-springs-plant

 Original source can be found here.

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