Danos announces new Louisiana headquarters, fabrication expansion
LAROSE, La. -- Louisiana Governor Bobby Jindal and Danos President and CEO Hank Danos announced that Danos, a strategic construction and production services partner, will retain its headquarters in Louisiana, and has selected a Bayou Region site in Houma, La., for its new $10-million corporate headquarters facility. Danos also is evaluating multiple Louisiana port locations to select where it expects to invest $20 million in a new waterfront fabrication facility.
Danos will create 426 new jobs over the next five years. The group Louisiana Economic Development estimates that the Louisiana projects, with their combined $30-million capital investment, will result in an additional 871 new indirect jobs, for a total of nearly 1,300 new jobs in the state.
With 1,100 employees based in Louisiana, or working offshore in the Gulf of Mexico operations linked with the company’s Louisiana base, Danos is one of the major economic drivers in Louisiana’s Bayou Region, and a key contributor to global energy solutions, with 1,600 employees worldwide. After an extensive site selection, Danos said it eliminated Alabama, Mississippi and Texas from consideration for the new corporate headquarters site. The company works with all major energy producers in the Gulf today, aligning its services with operators from the pre-commissioning phase of major developments through the construction, operation and decommissioning phases.
LED's Business Expansion and Retention Group, or BERG, worked with Danos to identify growth opportunities within Louisiana. To secure the headquarters and manufacturing project, the state offered Danos a customized incentives package that included a performance-based, $1.5-million Economic Development Award Program grant to provide infrastructure improvements for the new manufacturing location. The state will also provide the comprehensive workforce solutions of LED FastStart, the nation's No. 1 state workforce development training program. In addition, Danos is expected to utilize Louisiana's Quality Jobs and Industrial Tax Exemption programs.
Construction of the headquarters facility will begin by early fall, with the manufacturing site to be selected within three months, and construction of that facility to begin before the end of 2013. Danos has begun the design process with architect firm Gensler, and has contracted Louisiana’s MAPP Construction as the general contractor. Both new facilities will be complete by the end of 2014. Hiring of the new headquarters positions will begin later this year, with new manufacturing positions being filled beginning in 2014.