Ascentek expands Shreveport footprint with new facility and upgrades

By Staff Report July 1, 2025 2:33 pm IST

Ascentek is investing $50 million in Shreveport to build a new facility, upgrade its plant, and create 91 jobs.

Ascentek, Inc., a pioneer in fluid and lubricant technology, has announced a $50 million investment to build a new 270,000-square-foot manufacturing assistance facility and upgrade its existing production and distribution centre in Caddo Parish. This expansion aims to meet growing global customer demand while strengthening Ascentek’s operations in Louisiana.

The project is expected to create 91 new direct jobs in manufacturing, production support, and business administration while retaining 105 existing positions. Louisiana Economic Development (LED) estimates the initiative will also generate 247 additional indirect jobs, bringing the total to 338 new jobs in the Northwest Region.

Susan B. Bourgeois, Secretary of LED, stated, “Ascentek’s history of impact and innovation aligns with our agency’s new strategic plan, and that is just one reason we are proud to continue our partnership as they renew their commitment to Louisiana and our workers.”

The expansion will feature new high-speed production, material handling, and storage equipment, significantly enhancing the company’s industrial fluid, lubricant, and chemical manufacturing processes. Ascentek’s facility at 7699 W. Bert Kouns Industrial Loop will also benefit from infrastructure improvements designed to boost both community safety and operational capabilities.

Chad Baker, President and CEO of Ascentek, stated, “The buildout of our new manufacturing assistance facility and the improvements to our existing Shreveport site not only broaden how we support our customers but also reinforce our commitment to the Shreveport community. Between job creation, economic stimulation, and future growth, Ascentek is here to create a unique working environment for every teammate who joins the Ascentek family.”

“Ascentek’s $50 million investment is a tremendous vote of confidence in Shreveport’s future,” said Shreveport Mayor Tom Arceneaux. “This expansion will bring high-quality jobs and further strengthen our reputation as a manufacturing hub.”

To secure the project, LED provided a competitive incentive package, including LED FastStart’s comprehensive workforce development support. The company is also expected to participate in Louisiana’s Industrial Tax Exemption and Quality Jobs programmes.