MMR Group announced it is growing its Louisiana footprint with a $55.2 million investment for a new assembly facility in Lafayette Parish that will expand production of electrical components used in high-growth sectors such as data centers and semiconductors.
The company is expected to create 196 direct new jobs in Lafayette over the next 10 years with an average annual salary of $85,000 and retain approximately 3,000 current positions across the state. Louisiana Economic Development estimates the project will result in an additional 335 indirect new jobs, for a total of 531 potential new job opportunities in the Acadiana Region.
“For more than 30 years, MMR Group has helped power Louisiana’s economy, and this expansion proves how vital our homegrown companies are to the state’s success,” said Governor Jeff Landry. “This administration is committed to ensuring that MMR, and all Louisiana businesses, benefit from the historic momentum we are seeing across our state, turning growth into opportunity for every region and every family.”…