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Schlumberger to hire almost 600 in La; moving into the old Hummer plant in Shreveport

Posted on 7/31/23 at 12:01 pm
Posted by member12
Bob's Country Bunker
Member since May 2008
32576 posts
Posted on 7/31/23 at 12:01 pm
Shreveport desperately needs this....that town is in serious trouble right now, and the entirety of north Louisiana is losing population.

I hope it goes well. Wonder what they will be building there exactly, but they are leasing about 1 million square feet of enclosed factory space. So presumably it will be a pretty big operation.

quote:

SHREVEPORT, LA. — Los Angeles-based Industrial Realty Group (IRG) has signed offshore drilling giant Schlumberger Ltd. to a 1 million-square-foot industrial lease in Shreveport. The tenant will join Hyundai Glovis, Pratt Paper and Thyssenkrupp Supply Chain Services at the 3.5 million-square-foot Shreveport Business Park. Schlumberger will occupy a portion of two buildings and utilize the site for high-tech manufacturing. The company’s $18.5 million investment is expected to create 596 new direct jobs, and Louisiana Economic Development estimates the project will result in an additional 749 new indirect jobs


LINK

SIAP. Louisiana rarely gets good economic news in the past 7-8 years. Thought this might brighten someone's day, especially if you are from Shreveport.

Schlumberger is probably a more stable company with better compensated employees than the car companies or Amazon's DC staff that might have otherwise leased out that space.
This post was edited on 7/31/23 at 12:06 pm
Posted by Jim Rockford
Member since May 2011
102168 posts
Posted on 7/31/23 at 12:02 pm to
Easy access via loop was undoubtedly a selling point
Posted by Jim Rockford
Member since May 2011
102168 posts
Posted on 7/31/23 at 12:06 pm to
You probably won't get much response. Anything above I 10 is terra incognito to this board.
Posted by theronswanson
House built with my hands
Member since Feb 2012
3082 posts
Posted on 7/31/23 at 12:09 pm to
JBE doing work!!!!
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
69937 posts
Posted on 7/31/23 at 12:09 pm to
It’s North of US Hwy 190, you uncultured swine.

This experiment will end badly for the bergermeisters.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38361 posts
Posted on 7/31/23 at 12:10 pm to
quote:

offshore drilling giant Schlumberger Ltd. to a 1 million-square-foot industrial lease in Shreveport.
quote:

Schlumberger to hire almost 600


Man the economy must be really shitty right now.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
125372 posts
Posted on 7/31/23 at 12:11 pm to
Nice to see a boost to the economy of southern Arkansas
Posted by member12
Bob's Country Bunker
Member since May 2008
32576 posts
Posted on 7/31/23 at 12:13 pm to
quote:

You probably won't get much response. Anything above I 10 is terra incognito to this board.



The OT talks a lot of smack about south Louisiana. That area is far from perfect, but it has also been carrying the state from an economic growth standpoint for over a decade now (Lake Charles and Baton Rouge in particular).

I'd hate to see how the OT talks about the far more economically depressed and structurally impoverished parts of Louisiana like Shreveport. It's gotten really bad there since the energy exploration in that region has slowed.

We've had some very rare, promising news for Alexandria and Shreveport in the past few weeks. I'm hoping it works out. I know both of those towns are basically off the map for so many people on this board.
Posted by Privateer 2007
Member since Jan 2020
7235 posts
Posted on 7/31/23 at 12:15 pm to
quote:

Schlumberger ... stable


They'll layoff thousands at first dip in oil prices.

They are far from stable.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
77220 posts
Posted on 7/31/23 at 12:16 pm to
quote:

and the entirety of north Louisiana is losing population.


Isn’t all of the state losing population?
Posted by White Bear
Yonnygo
Member since Jul 2014
16268 posts
Posted on 7/31/23 at 12:17 pm to
quote:

They'll layoff thousands at first dip in oil prices.
SLB is diversifying baw.
Posted by Double Oh
Louisiana
Member since Sep 2008
21278 posts
Posted on 7/31/23 at 12:23 pm to
One of the worst companies to work for
Posted by member12
Bob's Country Bunker
Member since May 2008
32576 posts
Posted on 7/31/23 at 12:24 pm to
quote:

This experiment will end badly for the bergermeisters.



IDK. Probably.

It seems like the state's jobs training programs and incentives seem to lead to better outcomes for manufacturing and chemical processing than it does for tech. The companies that need access to a deep draft port and need to tap into the employee skillset that already exists in the area seem to stick around. We fail miserably with tech companies or industries that rely on rail/road infrastructure (where Louisiana really sucks).

It's oilfield services company, so it seems like something that would more likely be looking into south Louisiana. But since this particular plant will be durable goods manufacturing it is also arguably within Shreveport's wheelhouse too. Either way I'm glad that Louisiana is getting something. And Shreveport desperately needs the jobs.

We rarely get good economic news anymore in La. I do wish we could diversify a bit better though. I'm hoping we can use the battery material processing companies moving into Ascension/Iberville Parish now to attract an EV manufacturing company to Monroe, Opelousas, Hammond, or Alexandria. As car companies switch to EV's, they will probably replace older production lines in the midwest with newer, more efficient facilities somewhere else. Hopefully Louisiana can lure at least one of them.
Posted by 3deadtrolls
lafayette
Member since Jan 2014
6330 posts
Posted on 7/31/23 at 12:25 pm to
They already have/had a big shop out there. I’m sure they’re scooping up the site for cheap. Either way, good news for Shreveport and the oilfield if they’re beefing up like that.

What schlumberger isn’t saying is that of the 600 employees, 200 of them will be H1B visa holders. It’s the blue way.
This post was edited on 7/31/23 at 12:28 pm
Posted by Bjorn Cyborg
Member since Sep 2016
31902 posts
Posted on 7/31/23 at 12:26 pm to
quote:

.that town is in serious trouble right now


It's a crime-ridden shithole, but the area is booming economically.
Posted by member12
Bob's Country Bunker
Member since May 2008
32576 posts
Posted on 7/31/23 at 12:26 pm to
quote:

Isn’t all of the state losing population?



The gains in south Louisiana have slightly offset the losses in north Louisiana.

It's to the point where we now grouping Pointe Coupee, East and West Feliciana, St. Helena, and even areas way out in Washington and Tangi Parish into the same congressional district as Monroe just so north Louisiana can retain two seats in congress.
This post was edited on 7/31/23 at 12:29 pm
Posted by doubleb
Baton Rouge
Member since Aug 2006
39982 posts
Posted on 7/31/23 at 12:27 pm to
Great news, I have long advocated going after these type jobs rather than throwing our dollars at Hollywood.

Good for Shreveport and good for my state.
Posted by longtooth
Member since Jun 2013
494 posts
Posted on 7/31/23 at 12:58 pm to
I like Shreveport’s typography, layout and many of its neighborhoods. Not to mention the outdoor activities available. Sad that it has seen such an economic and demographic shift to rival Jackson, MS over the past 20 years.

Here’s a talk Peter Zeihan did in Shreveport. Pretty interesting.

LINK
Posted by lsuoilengr
Member since Aug 2008
5131 posts
Posted on 7/31/23 at 1:07 pm to
Schlumberger doesn’t exist anymore. Now it’s SLB
Posted by NoBoDawg
Member since Feb 2014
1823 posts
Posted on 7/31/23 at 1:12 pm to
quote:

like Shreveport’s typography, layout and many of its neighborhoods. Not to mention the outdoor activities available.

This is often overlooked. Shreveport also has some of the best road infrastructure in the State. I’m not saying all of it is smooth, some parts of 20 are rough as hell, but it’s easy to get around….20/49, 220/3132 loop, nice parkways on both sides of river, new Barksdale AFB gate off of 20/220 interchange, etc.
This post was edited on 7/31/23 at 1:14 pm
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