New Markets Tax Credit Coalition

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  • New Iberia,
  • LA
  • (2021)

Bayou Holdco Inc.

District: Clay Higgins (R-LA03)

Investment

  • NMTC Amount: $3,961,000
  • Total Project Cost: $10,000,000

IMPACT

  • 107 FTE jobs
  • The average wage of jobs retained and created exceed 1.2X the living wage in the region.

CDEs

Investor

Project Description

Bayou specializes in pipe coating services for the oil and gas industry. The Company works on both onshore and offshore projects. This project provided the Company with funds for equipment purchases and working capital.

MAP

Address: 5200 Curtis Lane, New Iberia, LA 70560

Census Tract: 22045030400

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