Saronic Technologies Invests $300M To Expand Louisiana Shipyard

URLhttps://businessfacilities.com/saronic-technologie
SourceBusiness Facilities
Date Published12/04/2025

Additional Reshoring Information:

Company/Division name Saronic Technologies
Parent companySaronic Technologies, Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1600
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2027
Domestically, the work will be done:In-house
Capital investment ($):300
City reshored to:Franklin
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredautonomous surface vessels
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Infrastructure
Government Incentive dollar amount:5,000,000
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