|
SEPTEMBER 2008
Southern Recycling relocates New Orleans operations
Southern Recycling is relocating its business to a different
site in the New Orleans metro area, allowing the company
to maintain its operations in Louisiana. The company’s
$40 million investment will retain 150 jobs and generate
100 new jobs in the region over the next three years.
Due to the closure of the Mississippi River-Gulf Outlet
(MRGO), Southern Recycling had to select a new location
for its shipbreaking and metal recycling operations.
The company, one of New Orleans’ oldest businesses, considered
six in-state and out-of-state deep-water sites. Southern
Recycling purchased approximately 344 acres of batture
land and 117 acres of contiguous dry land in St. Charles
Parish. The site’s deep-water access and large, wide
batture were critically important to the company’s ability
to receive ships being scrapped and to transport recycled
materials to customers.
“As a Louisiana company for 108 years, this is the place
we want to do business, and we wanted to stay as close
to New Orleans as possible,” Southern Recycling CEO Joel
Dupré said.
According to Dupré, another key factor in the decision
to remain in Louisiana was the support he received from
the state’s congressional leaders. As the result of vigorous
efforts on the part of Louisiana’s congressional delegation,
the company will use federal Water Resources Development
Act funds to help offset the cost of the project. The
company also recently announced the return of its headquarters,
including 25 corporate jobs, to downtown New Orleans.
|