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Global Vessel & Tank investing $5.4 million to expand Iberia Parish facility, add 50 jobs

The $5.4 million expansion adds 30,000 sq ft of space, creating 50 new jobs with average salaries 20% above the local wage, while retaining 106 positions.

Summary by KATC
Global Vessel & Tank, LLC will invest $5.4 million to expand its Iberia Parish operations, building new manufacturing and office space that will boost production of vital oilfield processing equipment used across the Gulf South.The project is expected to create 50 direct new jobs with an average annual salary of $66,560 about 120% of the average Iberia Parish wage while retaining 106 current positions. Louisiana Economic Development (LED) estima…

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KATC broke the news in on Monday, November 24, 2025.
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