New Markets Tax Credit Coalition

Bayou Holdco Inc.

A pipe manufacturing plant expanded operations and brought skilled jobs to New Iberia, LA

Investment

  • NMTC Amount: $5,000,000
  • Total Project Cost: $5,000,000

IMPACT

  • 108 FTE jobs
  • 9 jobs created and 99 jobs retained

Project Description

Bayou specializes in providing pipe coating services for the oil and gas industries, serving both onshore and offshore projects.This project refinanced BayouՉ۪s existing, maturing debt, improving cash flow and enabling the company to better support its ongoing operations.

MAP

Address: 5200 Curtis Lane, New Iberia, LA 70560

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