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PROJECT INTELLIGENCE

Faith Technologies Incorporated (FTI)

New facility (first Louisiana location) · Monroe, LA · Energy & power equipment · Announced 2026-06-09

Investment$80,500,000Announced capital
Jobs200Reported jobs
StatusUnder construction ("Construction is underway"; operations spring 2027)
VerificationConfirmedLast verified 2026-10-22

Sources & verification

  1. www.opportunitylouisiana.gov ↗
Recorded publisher
Louisiana Economic Development
Source quality
primary-government
Verification basis
Inherited verification

Project facts

Decision / announcement date
2026-06-09
Date precision
day
Sector
Energy & power equipment
Facility action
New facility (first Louisiana location)
Project status
Under construction ("Construction is underway"; operations spring 2027)
Project / facility
New facility (first Louisiana location)

Figures & qualifications

Capital category
Committed
Capital scope
site
Jobs classification
New/Direct
Jobs basis
"at least 200 direct new jobs" (minimum, committed basis)
Statistical exclusion reason
Expansion band ($50M/100): outside the core $100M/250 statistical series.

Faith Technologies will invest $80.5 million to establish a manufacturing facility in Monroe, Louisiana, creating at least 200 direct jobs.

Not yet recorded · 3 fields

Facility type · Transferred / retained jobs · Construction jobs