Edison Chouest to add 1,000 jobs

• By ADVOCATE BUSINESS STAFF
• Published: Mar 6, 2008 - UPDATED: 2 p.m.

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In a boon to Houma, Edison Chouest Offshore will add 1,000 jobs at the Port of Terrebonne to expand shipyard operations that support deep-water oil and gas exploration in the Gulf of Mexico.

Gov. Bobby Jindal today announced an initial $14 million state investment, $10 million sought in a special line item in his second special session this month and an immediate $4 million from the governor’s rapid response fund used to spur economic development.

All the state funds will create structural improvements at the port to allow Edison Chouest’s LaShip subsidiary to build vessels with hulls greater than 350 feet, something the company can’t do now.

Based in Galliano, Edison Chouest has tripled in size since 1993 and owns and operates support vessels for the U.S. government, offshore research and oil and gas exploration.