InterMoor invests in Louisiana facility

InterMoor Inc. is relocating from its current facility in Amelia, Louisiana, to a 24-acre site owned by the Port of Morgan City.

Offshore staff

MORGAN CITY, Louisiana -- InterMoor Inc. is relocating from its current facility in Amelia, Louisiana, to a 24-acre site owned by the Port of Morgan City. Louisiana Economic Development estimates that the expansion will generate more than $8 million in new state tax revenues and nearly $7 million in new local tax revenues in its first five full years of operations.

Through its $17.2 million capital investment in the new facility, InterMoor says it expects to retain 250 jobs and create 320 new jobs in the next five to seven years.

11/06/2009

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