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Carmaker may start building in Louisiana

Posted Tuesday, Jun 16, 2009, 2:35 pm in Employee News

A well-financed company is close to choosing a shuttered north Louisiana site to start a new automobile manufacturing facility, creating as many as 1,500 jobs, according to two elected officials from the region, Associated Press reported.

State Rep. Jim Fannin would not identify the company, but said the vehicles would be its first and would be built at a former Guide Corp. plant in Ouachita Parish, the AP said. He said Gov. Bobby Jindal would make an announcement about the deal Wednesday, the wire service said.

Monroe City Council member Arthur Gilmore said the project, which would build fuel-efficient vehicles, involves California venture capitalists Ray Lane and John Doerr of Kleiner, Perkins, Caufield & Byers, which has been extensively involved in “environmentally friendly” projects and companies, the story said. (Associated Press/Detroit News)
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