Posted: Nov 12, 2013 4:42 PM EST | Updated: Nov 22, 2013 4:42 PM EST
Libbey Inc. executive Dan Ibele announced today the company will invest $20 million in Libbey’s Shreveport manufacturing site, bringing new technology and a new research and development component to its operations. The capital investment in new glass making technology will create 70 new direct jobs, averaging more than $38,000 per year, plus benefits. The new investment will also generate an additional 75 new indirect jobs in the community for a total of more than 140 new jobs. Libbey also will retain 511 existing jobs in Shreveport. Read more