Placid Refining Relocates Headquarters from Texas to Louisiana
BATON ROUGE – From Louisiana Economic Development: Placid Refining, an independent petroleum refining company, announced it is investing $66 millio...
BATON ROUGE – From Louisiana Economic Development: Placid Refining, an independent petroleum refining company, announced it is investing $66 million to relocate its headquarters from Dallas to Baton Rouge and modernize its existing facility in Port Allen. The company expects to create 20 new direct jobs, and retain all 215 current positions at the Port Allen facility. Louisiana Economic Development estimates the project will result in 88 new indirect jobs, for a total of 108 new jobs in the Capital Region.