Pin Oak Terminals building $600 million facility, jobs in Mount Airy
BATON ROUGE, La. — CEO Mike Reed of Pin Oak Terminals and Gov. Bobby Jindal announced the company plans to make a $600 million capital investment in St. John the Baptist Parish, Louisiana, where the company will build a petroleum liquids storage terminal. The facility will be located along the east bank of the Mississippi River at Mount Airy, near the St. John/St James parish line.
The terminal project will create 70 new on-site jobs encompassing full-time company and contractor jobs. Those new jobs will have an average annual salary of more than $60,000, plus benefits. Louisiana Economic Development estimates the project will result in an additional 81 new indirect jobs, for a total of more than 150 jobs in the Southeast Region and surrounding areas. The company estimates the project will generate 250 additional construction jobs.
Source: Louisiana Economic Development