New plastics co. facility to bring 160 jobs

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News,Business

NEW ORLEANS (AP) — TCI Plastics plans a new 500,000-square-foot facility at the Port of New Orleans.

A news release from the state Economic Development agency said TCI, a division of Jensen Companies, will make a $36.5 million capital investment to build the facility.

The agency estimates the project, a logistics facility, will result in 160 new jobs -- added to 200 existing TCI and Jensen Companies jobs.

TCI will acquire 32 acres from the Port of New Orleans for $3.1 million.

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