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Module X Solutions expands, bringing hundreds of jobs to Shreveport

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SHREVEPORT, Louisiana — A manufacturing facility is expanding and creating more than 350 new jobs in Shreveport.

Gov. Bobby Jindal and Module X Solutions CEO Steve Schoonover announced the expansion Monday.

Jindal says the company will make a $7.4 million capital investment.

Module X Solutions LLC will join existing tenant MB Industries LLC at the Shreveport-owned industrial property, with Module X Solutions chiefly making modular buildings for the telecommunications sector while supporting MB Industries' production of protective building systems for the industrial, government, commercial and residential markets.

The average salary for the 357 new jobs will be more than $49,800 per year.

MB Industries also will retain 109 existing employees as part of the project, and renovation work at the Shreveport site will create an additional 50 construction jobs.

"The Northwest Region offers a quality business environment, and we are thrilled that hundreds of families in the Shreveport-Bossier City area will benefit from the quality jobs created by this expansion for years to come," Jindal said in a statement.

The company will begin filling the new jobs immediately and complete renovation work by the end of 2015.

"We are excited about serving a wide array of customers with top-quality, high-value modular buildings and complexes manufactured to exacting standards," Schoonover said.

"We are excited about creating hundreds of new manufacturing jobs, and are truly appreciative of the support and commitments we have received from the Louisiana Economic Development team, the North Louisiana Economic Partnership, and Mayor (Cedric) Glover and the Shreveport city administration."

LED's Business and Expansion Group began project discussions with Module X Solutions in November. To secure the expansion, the state offered the company a competitive incentive package that includes a $1.8 million performance-based grant and a $1.8 million Economic Development Award Program grant, with both incentives dedicated to funding improvements of publicly owned infrastructure at the manufacturing site.

Module X Solutions will hire 274 new employees by the end of 2015 and complete hiring for all 357 new positions in 2019.

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