MONROE, La. — Faith Technologies Incorporated (FTI) announced it will invest $80.5 million to establish a new manufacturing facility in Ouachita Parish, expanding production capacity of electrical components and solutions for large-scale infrastructure projects to move faster and operate more efficiently. The company is expected to create at least 200 direct new jobs offering competitive compensation packages with entry-level positions starting at $22 per hour. Employees will also have access to continued education and career advancement through FTI’s apprenticeship program, which enables individuals to begin in entry-level roles and, over four years, become licensed electricians while earning and learning on the job. Louisiana Economic Development estimates the project will generate about 350 additional indirect jobs, bringing the total potential impact to more than 500 new job opportunities across the Northeast Region. |