Monroe Snags $80.5 Million Faith Technologies Factory and Hundreds of Jobs

Monroe is getting a major shot in the arm, with Faith Technologies committing to build a 500,000-square-foot manufacturing plant and sink $80.5 million into the city while promising hundreds of new jobs across northeast Louisiana. Construction is already in motion, and the company is targeting spring 2027 to flip the switch on operations. The facility is slated to turn out modular electrical assemblies and energy solutions that feed into infrastructure, technology and clean-energy projects.

Faith Technologies Incorporated plans to set up shop at 535 Highway 594 in Ouachita Parish and projects at least 200 direct jobs plus roughly 350 indirect positions tied to the deal, with entry-level pay starting at about $22 per hour and access to the company’s apprenticeship program, as reported by New Orleans CityBusiness. Company leaders say the Monroe operation will bolster FTI’s Excellerate product line using modular, lean manufacturing methods and help meet rising demand for prefabricated electrical systems. State estimates cited in the announcement peg the total employment impact for Northeast Louisiana at more than 500 jobs.

What the Monroe plant will make

The Monroe factory is being built to produce electrical assemblies, modular power systems and factory-built eHouses intended to speed onsite installation and tighten quality control. Those products fall under FTI’s Excellerate brand, which the company describes on its website as a manufactured-products division that turns out configurable EV-charging skids and other prefabricated power solutions. Shifting more of that work into controlled factory environments is central to FTI’s play to industrialize construction and strengthen supply chains.

Jobs, pay and training

FTI says the Monroe project will launch with entry-level roles starting around $22 an hour and will route new hires into a four-year paid apprenticeship that blends on-the-job experience with classroom instruction, per the announcement. The company has stressed that apprenticeships and local hiring are expected to be core tools for staffing the plant as it ramps up. Local leaders and the company say those positions are designed as longer-term career pathways in skilled manufacturing rather than short-lived construction gigs, according to New Orleans CityBusiness.

Why Louisiana won the deal

State economic recruiters point to Louisiana’s recent push to make industrial sites plug-and-play as a key reason FTI chose Monroe. Louisiana’s FastSites initiative, which has designated and prepared South Monroe Industrial Park and other parcels to be development ready, is part of a broader strategy to shorten timelines for large projects, according to Louisiana Economic Development. That site-readiness work, paired with performance-based incentives and workforce assistance, forms the package the state is using to compete for factory investments like this one.

FTI’s regional push

Faith Technologies has been steadily building out its Excellerate manufacturing presence across the Southeast this year, mirroring what it plans in Monroe and hinting at a larger strategy to scale prefabrication capacity. The company announced a roughly $79 million manufacturing investment in Opelika, Alabama, earlier this spring in coordination with local officials and incentive agreements, per the City of Opelika release. FTI has grown into a multi-state player with a nationwide manufacturing push and a workforce that industry reporting says now numbers in the thousands, reflecting how quickly the company has been adding factory capacity.

Local officials say they will keep an eye on hiring benchmarks, and economic-development partners expect to roll out hiring timelines and training opportunities as construction moves ahead. Observers will be watching for the company’s next round of updates on recruitment and the first wave of job postings as the plant marches toward its planned 2027 opening.