Lafayette council approves $1M TIF forgivable loan for Sustania Biologicals project The Lafayette City Council approved an ordinance to provide a forgivable $1 million TIF loan to Sustania Biologicals LLC as part of a package to attract a proposed 40,000 sq. ft. manufacturing facility estimated at about $400 million; the council also approved a companion resolution adding the site to the Southeast TIF area.

Lafayette City Council has greenlit a groundbreaking $1 million forgivable loan to fuel a $400 million manufacturing project that promises to transform the local economy!

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Company to Invest $430M in Lafayette Facility for Sustainable Chemical Production Company plans to create 191 jobs in Lafayette with new $430M facility by 2028.

A $430 million investment is set to revolutionize Lafayette's economy and the sustainable production of polyester, creating nearly 200 jobs by 2028!

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