HOUMA and WEST MONROE, La. – NovaSpark Energy, a sustainable energy technology company, announced it is growing its workforce in West Monroe and investing $30 million to establish a new facility in Houma. The expansion will scale production of its atmospheric hydrogen generators used in defense and energy applications to meet increasing national demand for diverse energy solutions. Cumulatively, the company is expected to create 300 direct new jobs and retain three existing positions, with an average annual salary of $76,000, which is approximately 25% above the Louisiana state average wage. Louisiana Economic Development estimates the project will result in an additional 318 indirect new jobs, for a total of 618 potential new job opportunities across the Bayou and Northeast Regions. |