NEW IBERIA, La. – Aviation Exteriors Louisiana LLC (AVEX) is expanding its operations at Acadiana Regional Airport through a more than $74 million hangar and site development project expected to support 845 potential new jobs in the Acadiana Region. Louisiana Economic Development is supporting the project through a $10 million investment from the state’s FastSites program that will fund critical infrastructure improvements at the airport’s P1 Site, accelerating development timelines and strengthening Louisiana’s inventory of project-ready industrial assets.
As part of the project, the Iberia Parish Airport Authority will construct and own a new 132,290-square-foot aircraft maintenance hangar and related site and infrastructure improvements. AVEX will lease the new facility to expand its aircraft maintenance, repair and overhaul operations, increasing specialized aircraft maintenance and finishing capacity in Iberia Parish while reinforcing Louisiana’s position in aerospace and aviation.
“FastSites is about making disciplined investments that create long-term returns for Louisiana and our people. As development moves forward, those dollars return to the state and can be reinvested into the next generation of sites and infrastructure projects, creating a sustainable model that continues positioning Louisiana to win. We are proud to support AVEX’s continued growth and are grateful for their continued commitment to our state,” said LED Secretary Susan B. Bourgeois…