Long Term Strategy - Joint Venture – MBI is in the due diligence phase of assessing its long-term strategy with various companies and sectors. Our intent is to maximize the facility in a market that will be sustainable and not a “transaction based” business.
Interim Strategy – MBI is pursuing “transaction based” business that will allow us to get people to work for an interim basis until the long-term strategy is ironed out.
DEQ Permits – The permitting process is estimated to take 10-14 weeks from the date of submission of the application. The application was hand delivered on February 10, 2009.
Facility Upgrades – The scope of work is currently being defined and estimates are being generated to upgrade the facility. The extent of the upgrade is dependant upon the resolution of the Long Term Strategy.
MBI Delays – The impact of the current economic climate is being felt across many industries. MBI is taking this impact into full consideration and plans to begin moving portions of its business to Shreveport at such time as is advisable on all fronts.
Shreveport Plant
Purpose for this Blog
It is MBI's intent to maximize the potential of this facility and leverage the unique core competencies into a long term and sustainable business model. Beaird was once a staple company for Shreveport and over the years had hired thousands of talented and skilled people.
Unfortunately, the facility has been sitting vacant since May 2008 and is in need of a major investment to bring it back to a position where it can safely operate and efficently compete. Moreover, many of its valued employees have been unemployeed and are wanting to go back to work.
As you know, we operate in a global marketplace and most of the heavy fabrication that the plant was designed for is now taken place overseas.
MBI is establishing a plan for this facility that will once again provide long term and sustaibable employment and provide a competitive domestic alternative for heavy specialized steel products.
We intend to use this blog as an venue to keep everyone updated on its progress.
Unfortunately, the facility has been sitting vacant since May 2008 and is in need of a major investment to bring it back to a position where it can safely operate and efficently compete. Moreover, many of its valued employees have been unemployeed and are wanting to go back to work.
As you know, we operate in a global marketplace and most of the heavy fabrication that the plant was designed for is now taken place overseas.
MBI is establishing a plan for this facility that will once again provide long term and sustaibable employment and provide a competitive domestic alternative for heavy specialized steel products.
We intend to use this blog as an venue to keep everyone updated on its progress.