ASH Industries, a custom molding manufacturer that produces specialized products ranging from surgical devices to laser light show components, will expand its facility in Lafayette Parish, Louisiana. The $5 million project is expected to create 85 jobs.
The investment will double the size of the company’s manufacturing floor, adding 20,000 square-feet of workspace, according to Louisiana Economic Development (LED). ASH will add new equipment including a chiller, a 125-foot expanse crane and water cooling equipment for machinery.
“ASH Industries is optimism about the future of manufacturing in Louisiana and so far has launched one phase of a three-phase program to invest in jobs in our community,” company President Hartie Spence said. “The ingredients of economic development in our industry are manufacturing space, a solid employee base and the latest in cutting-edge manufacturing equipment. ASH’s current expansion will directly support and increase the services that we can provide customers who appreciate the benefits of having their products manufactured in our state.”
The State of Louisiana offered the company a competitive incentive package that includes the services of LED FastStart, ranked the No. 1 statewide workforce development program in the nation for the past 12 years. The company is also expected to participate in the state’s Enterprise Zone and Industrial Tax Exemption programs.
“The expansion of ASH Industries is an important job creation project for the skilled workforce in Lafayette,” Governor John Bel Edwards said. “For more than 30 years, ASH has fostered a strong team, and is set to grow that team further, a testament to the opportunities available in Louisiana’s manufacturing industry.”
ASH offers in-house metal injection molding, thermoplastic and silicone injection molding, rotational molding and tooling, as well as cast epoxy components and seven-axis Swiss lathe production. The company also offers component assembly, secondary processing and decorating, utilizing the latest in CNC, EDM and modeling technology.
“Hartie Spence and ASH Industries are exemplary examples of the ingenuity and innovation found across Lafayette Parish and Acadiana,” Lafayette Economic Development Authority president and CEO Mandi D. Mitchell said. “We are appreciative of ASH Industries’ investment and continued growth in North Lafayette. The 85 jobs created by this expansion will provide quality employment opportunities for nearby residents in advanced manufacturing, which is one of LEDA’s target industries.”