Ruston, Louisiana, August 26, 2025
News Summary
Radiance Technologies has announced plans to build a new microchip packaging facility in Ruston, Louisiana, with an investment of $80 million. The facility will focus on developing secure microchips for U.S. military applications and financial sector transactions. Expected to create 150 jobs by 2032 and boost local economy, this initiative is backed by collaborations with local entities and is scheduled for construction starting in spring 2026.
Ruston to Host $80 Million Secure Microchip Facility
Ruston, Louisiana will soon be the site of a significant investment in advanced manufacturing, as Radiance Technologies announced plans to build a new microchip packaging facility. The company is set to invest $80 million in this project, which is aimed at developing secure microchips critical for U.S. military applications and sensitive transactions in the financial sector.
The announcement was made by Governor Jeff Landry during an event at Louisiana Tech University, where he underscored North Louisiana’s longstanding tradition of contributing to the nation’s defense initiatives through such investments. This facility is expected to enhance national security while establishing North Louisiana as a prominent hub for high-tech manufacturing.
The facility, which will cover 40,000 square feet, is scheduled to break ground in spring 2026. It is expected to be completed by summer 2027. Once operational, Radiance Technologies anticipates creating 150 new jobs, generating an annual payroll of $12.7 million by the year 2032.
Collaborative Effort
This project represents a collaboration between Radiance Technologies, the city of Ruston, Louisiana Tech University, and the Louisiana Economic Development agency. The Louisiana Tech Foundation will oversee the construction of the facility on land provided by the city, which will generate lease revenue to support the university’s foundational activities.
Radiance Technologies is headquartered in Huntsville, Alabama, and already has operational facilities on Louisiana Tech’s Enterprise Campus. CEO Bill Bailey pointed out that this partnership is beneficial for all parties involved—Radiance, Louisiana Tech, and the city of Ruston, as well as the state as a whole.
Jim Henderson, President of Louisiana Tech, noted that the new facility enhances the university’s reputation in areas like cybersecurity, advanced manufacturing, and microelectronics. It will also be strategically located within Ruston’s Secure Business Park, which is designed to meet the needs of high-tech industries.
Supporting Local Economy
Mayor Ronny Walker described the undertaking as a testament to the strong partnerships between the university, city, and industry. He expressed enthusiasm about how this project will positively impact the city’s economy and job market.
In addition to this new facility, Radiance Technologies already operates in several other locations across Louisiana, including Shreveport and Baton Rouge. The establishment of this microchip packaging facility is part of a broader effort to enhance the state’s capabilities in technological development and manufacturing.
Key Project Timeline
- Investment Amount: $80 million
- Facility Size: 40,000 square feet
- Construction Start Date: Spring 2026
- Expected Completion Date: Summer 2027
- Projected New Jobs: 150
- Annual Payroll by 2032: $12.7 million
Impact on Local Workforce and Economy
The impact of this investment is expected to resonate throughout the Ruston area and beyond. By creating jobs with competitive wages and contributing to ongoing education and training in advanced technological sectors, the facility aims not only to bolster the local economy but also to inspire a new generation of professionals in the technology field.
Conclusion
The $80 million microchip facility by Radiance Technologies in Ruston marks a pivotal step in enhancing local economic development while also contributing to national security objectives. With scheduled construction beginning in 2026, Ruston is poised to become a key player in the advanced manufacturing landscape.
FAQ Section
What is the purpose of the new microchip facility in Ruston?
The facility will focus on developing secure microchips intended for U.S. military applications and sensitive financial transactions, enhancing national security.
When is the construction of the facility scheduled to begin?
Construction is set to begin in spring 2026.
How many jobs will the facility create?
Radiance Technologies expects to create approximately 150 new jobs by the year 2032.
What will be the estimated payroll for the new jobs?
The annual payroll for the new positions is expected to reach $12.7 million by 2032.
Key Features
| Feature | Details |
|---|---|
| Investment Amount | $80 million |
| Facility Size | 40,000 square feet |
| Construction Start Date | Spring 2026 |
| Expected Completion Date | Summer 2027 |
| Projected New Jobs | 150 |
| Annual Payroll Projection | $12.7 million by 2032 |
Deeper Dive: News & Info About This Topic
HERE Resources
Shreveport’s Weekend Brims with Sunshine, Pet Adoptions, and Community Excitement
Caddo Parish Animal Services Celebrates Success at Heartwarming Adoption Event
Additional Resources
- Shreveport Times
- KTBS
- KSLA
- Magnolia Reporter
- Wikipedia: Microchip
- Encyclopedia Britannica: Microchip
Author: STAFF HERE SHREVEPORT WRITER
The SHREVEPORT STAFF WRITER represents the experienced team at HEREShreveport.com, your go-to source for actionable local news and information in Shreveport, Caddo Parish, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Mudbug Madness Festival, Red River Revel Arts Festival, and Independence Bowl. Our coverage extends to key organizations like the Shreveport-Bossier Chamber of Commerce and Shreveport Regional Arts Council, plus leading businesses in gaming, healthcare, and energy that power the local economy such as Horseshoe Casino, Ochsner LSU Health, and Atmos Energy. As part of the broader HERE network, including HEREBatonRouge.com and HERENewOrleans.com, we provide comprehensive, credible insights into Louisiana's dynamic landscape.
