The Bayou Companies recently held a ribbon cutting for their new 56,000 square foot pipe coating facility at the Port of Iberia. The $14 million expansion will provide anti-corrosion coating for deep water pipelines in the Gulf of Mexico. The company will take on a two-year project for Shell Oil’s Appomattox project, Shell’s largest floating platform in the Gulf of Mexico. The Bayou Companies continued investment and commitment to the Port of Iberia and Iberia Parish helped secure $1.5 million in TIF (Tax Increment Finance) funds for overall infrastructure improvements in and around their facility. In introducing Gov. John Bel Edwards at the ribbon cutting, Port of Iberia Executive Director, Craig Romero, thanked him for changing his busy schedule to attend and also praised him for fulfilling his campaign promise of doubling the Ports Enhancement Fund. Continue reading
The Bayou Companies recently held a ribbon cutting for their $14 million expansion at the Port of Iberia. The pipe coating company’s expansion will take on a two-year project for shell Oil’s Appomattox Deep Water Project.
The Port of Iberia continues working toward the Acadiana Gulf of Mexico Access Channel. Recently the Port secured $8.5 million from the State Bond Commission toward deepening the channel. “Between the Port and the state of Louisiana there is approximately $30,000 million available for this project,” Romero stated. “It is a step closer to becoming a reality which will increase the business potential for the Port and Acadiana.”