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Manufacturing company brings more than 400 jobs to ArkLaTex

Gov. Bobby Jindal and Fibrebond CEO Todd Walker share some exciting news about the job market in Northwest Louisiana.
Gov. Bobby Jindal and Fibrebond CEO Todd Walker share some exciting news about the job market in Northwest Louisiana.

Today, Gov. Jindal announced the Fibrebond Corp. will expand its precast concrete shelter business and create 225 new direct jobs after acquiring a dormant container mill adjacent to Fibrebond’s existing manufacturing site in Webster Parish.

Fibrebond will make a $6 million capital investment to renovate a 180,000-square-foot forest products mill once operated by International Paper and Temple-Inland.

In addition to the 225 new direct jobs, with an average salary of $36,000 per year, plus benefits, the expansion will result in an additional 235 new indirect jobs.

The company estimates another 25 construction jobs will be created during a renovation that will significantly increase Fibrebond’s capacity for producing the multipurpose concrete shelters.

Governor Jindal said, “The expansion will create hundreds of new job opportunities for Louisiana families in Webster Parish and Northwest Louisiana. This expansion is another great example of how companies are taking advantage of Louisiana’s strong business climate and unparalleled workforce.”

Fibrebond CEO Todd Walker said, “As we grow into new markets, the collective experience of Fibrebond’s Louisiana-based team helps us leverage our quality, our capacity, and our stability into strategic advantages that have made Fibrebond the national leader in our business lines.”

The company also will retain 470 existing employees at its Minden headquarters and manufacturing operations.




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