Boasso America Corporation Nears Completion of Tank Fabrication Plant in Louisiana

---

Researched by Industrialinfo.com (Industrial Information Resources, Inc.; Houston, Texas). Boasso America Corporation (Arabi, Louisiana) is nearing completion of a $13 million dollar state-of-the-art tank fabrication plant in Chalmette, Louisiana. The project was constructed in three phases. Phase 1 consisted of demolishing the former Kaiser Aluminum plant. Phase 2 involved renovating several buildings to accommodate the new plant and Phase 3 covered construction of the new building and installation of new equipment.

Boasso America plans to centralize & consolidate their Arabi and New Orleans operations on a 70-acre property at the Chalmette Terminal & Industrial Park. Gibbs Construction (New Orleans, Louisiana) is performing construction services for the new plant.

Boasso America Corporation is a premier intermodal container service company that provides tank container cleaning, heating, testing, maintenance, storage, and transportation along with associated equipment sales. The company plans to hire 250 full-time and 200 part-time employees when the plant becomes operational in January 2003. Boasso will become the largest tenant at the Chalmette Terminal & Industrial Park. The industrial park should grow to 1,000 jobs by 2004.