Danos president and CEO Hank Danos announced the company’s selection of the Port of Iberia for a new USD 23.2M fabrication facility, which will create 100 new direct jobs. The announcement accompanies the approval of a 40-acre lease for the project by the port’s board of commissioners, with Danos beginning construction on a 172,000ft2 facility in the fourth quarter of 2014.
The Danos fabrication facility represents a key portion of a larger expansion announced by the company in May 2013. Danos recently began construction on the corporate headquarters facility near Houma, La. Danos will also maintain fabrication operations at its current headquarters site in Larose, where Danos was founded in 1947. In New Iberia, Danos will build offshore-bound production modules, structural components and process piping for the oil and gas industry. The new facility will feature an exotic metals shop and indoor coatings capabilities. The Port of Iberia’s strategic location with direct access to the Gulf of Mexico will expedite product deliveries to all offshore locations.
Construction of the Danos facility will begin in approximately six months, with hiring starting in the third quarter of 2015.
