September 10, 2025

NLEP Acquires Libbey Glass Plant to Revitalize Shreveport Economy

Shreveport, Louisiana, September 10, 2025

News Summary

The North Louisiana Economic Partnership (NLEP) has acquired the former Libbey Glass manufacturing plant in Shreveport, which has been inactive since 2020. This pivotal acquisition is expected to pave the way for new job opportunities and economic growth by transforming the 54-acre site into a marketable asset. NLEP aims to bring at least 200 jobs to the area and plans for the demolition of the aging infrastructure by 2026. The initiative signifies collaborative efforts among local stakeholders to rejuvenate the community.

Shreveport, Louisiana

The North Louisiana Economic Partnership (NLEP) has successfully acquired the former Libbey Glass manufacturing plant located in Shreveport, a site that has stood dormant since its closure in 2020. This acquisition represents a vital step towards revitalizing the local economy and contributing to the creation of new job opportunities in the area.

The Libbey Glass plant operated for over fifty years before ceasing operations due to the impacts of the COVID-19 pandemic. NLEP’s President and CEO, Justyn Dixon, has emphasized the necessity of transforming the site to enhance both the community’s visual appeal and economic prospects.

Through this initiative, NLEP aims to bring at least 200 jobs to Shreveport, which it considers essential to ongoing community development. Plans involve a thorough clean-up of the 54-acre site, leveraging its potential as a marketable asset to attract businesses that can provide well-paying jobs.

Acquisition Details

The acquisition has officially been completed, with NLEP recognized as the new owner of the century-old plant located at 4302 Jewella Ave. This venture has been in progress for nearly two years, backed by a financial plan involving a total of $6.8 million from state funding, $10 million dedicated by the state, along with over $1 million from the Northwest Louisiana Finance Authority (NLFA).

The site, which consists of 850,000 square feet of warehouses, offices, and manufacturing space, is recognized for its significant industrial zoning and robust infrastructure, which includes access to water, natural gas, electricity, and a rail spur. These features make the property a prime candidate for future manufacturing operations.

Future Plans

NLEP intends to initiate a Request for Information (RFI) shortly to select a demolition company, with the prospect of commencing demolition work by early 2026. This decision will involve evaluating the necessary improvements needed to convert the aging infrastructure into a functional space conducive to attracting new tenants.

NLFA chairwoman Marian Claville-Burks highlighted that this investment is aimed at rejuvenating a critical part of the Shreveport area. The acquisition also signifies collaboration among various state and regional stakeholders, with significant input from Senator Thomas Pressly, who played a crucial role in securing state support for the project.

Community Impact

This initiative is designed to convert the former Libbey Glass facility from an eyesore into an appealing asset for future investors. As NLEP progresses in its planning and operational stages, they are fielding inquiries while assessing the next steps to achieve their objectives regarding redevelopment.

FAQs

What is the Libbey Glass plant?

The Libbey Glass plant was a manufacturing facility in Shreveport that operated for over fifty years before closing in 2020 due to the COVID-19 pandemic.

What plans does NLEP have for the site?

NLEP plans to clean up the 54-acre site, attract businesses to create at least 200 jobs, and potentially engage in demolition and redevelopment activities.

How was the acquisition financed?

The acquisition was financed through $6.8 million from state funding, $10 million from state contributions, and over $1 million from the Northwest Louisiana Finance Authority.

What is the timeline for redevelopment?

NLEP plans to start demolition work potentially as early as 2026, following their selection process for a demolition company.

Why is this acquisition important for the community?

This acquisition is essential for revitalizing the area, improving the local economy, and providing job opportunities, which are critical for the community’s development.