Bulk-liquids logistics leader employs 1,000 across North America
LA (STL.News) Gov. John Bel Edwards announced International-Matex Tank Terminals, a North American leader in bulk-liquids handling and storage, will retain and expand its headquarters in New Orleans. By the end of 2021, IMTT will make a $1.3 million capital investment to expand its 400 Poydras Plaza headquarters, and by 2022 the company will create 42 new direct jobs with an average annual salary of $133,000, plus benefits.
The project will bring IMTT’s headquarters employment to 87 in the Central Business District of New Orleans. Louisiana Economic Development estimates the expansion also will result in 47 new indirect jobs, for a total of nearly 90 new jobs in the state’s Southeast Region. Building on 220 current jobs across its Louisiana operations, IMTT’s annual payroll in the state will approach $30 million.
“Beginning at Avondale some eight decades ago, the Coleman family built IMTT into one of the continent’s leading third-party providers of bulk-liquids storage and handling services,” Gov. Edwards said. “With IMTT now under new ownership, we are delighted to not only retain the company’s headquarters in New Orleans, but to also expand that presence with new jobs coming from out-of-state.