Noranda Bauxite & Alumina Establishes HQ In St. James Parish
Noranda Bauxite & Alumina will invest $35 million to expand and upgrade its refinery in St. James Parish, and plans to establish its company headquarters at the Gramercy complex. The project will create 65 new direct jobs, including 15 corporate headquarters jobs, at an average annual salary of $90,000, plus benefits. Louisiana Economic Development estimates the project will result in 185 new indirect jobs, for a total of 250 new jobs for St. James Parish, the Southeast Region and surrounding areas. In addition, the project will retain 395 existing jobs at the refinery. The plant, built by Kaiser Aluminum & Chemical Corp., has operated in St. James Parish since 1958.
“To hear an announcement of a $35 million investment is good news to begin with, but to learn that this company wants to locate its corporate offices in St. James Parish brings it to another level,” said St. James Parish President Timmy Roussel. You can read more about the announcement here.