(iStock/baona)

Coastal Machine & Supply plans to invest $25.5 million to expand its Carencro facility by 120,000 square feet and add production lines for aerospace and defense components.

The expansion is expected to create 129 permanent jobs and will receive state and local tax incentives. The company aims to capitalize on growing demand from SpaceX and plans to begin construction this year, with the first phase completed before August 2027. Louisiana Illuminator has the full story.