“Liberty Steel acquired the previous Bayou metal plant in LaPlace, Louisiana, in early 2020 because it observed likely within the small business, with use of supplies of recyclable substance, aggressive electric power pricing along with a deep-h2o port,” the freedom spokesperson mentioned in an emailed assertion to L’OBSERVATEUR on June 5.
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A spokesperson for Liberty explained to L’OBSERVATEUR that Liberty lately reopened recycling operations at the ability — marking the initial action in the plant Considering that the business enterprise went into bankruptcy beneath preceding ownership.
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although the COVID-19 pandemic has experienced an effect on expenditure problems within the steel sector globally, Liberty is dedicated to its operate from the LaPlace facility.
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Bayou Steel was the fourth largest employer of St. John the Baptist Parish citizens in 2018 and A significant contributor to the tax roll, with 400 workers accounting for two percent in the nearby Operating populace.
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