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ExxonMobilInvestment

ExxonMobil, Community Coffee to invest over $300 million in West Baton Rouge Parish

What happened

ExxonMobil is investing $257.5 million to construct a new high-performance resin manufacturing facility in West Baton Rouge Parish, Louisiana.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Two major industrial projects will bring more than $300 million in investment to West Baton Rouge Parish, generating an estimated $34 million in tax revenue for local taxing bodies over the next 20 years. Parish President Jason Manola announced the projects during the Aug. 13 parish council meeting, saying both received unanimous recommendations from the local Industrial Tax Exemption Program board. The larger of the two is ExxonMobil's Project Holly, a $257.5 million investment to build a new high-performance resin manufacturing facility on the grounds of the company's existing lubricant blending plant near Port Allen. The new facility will manufacture Proxima resins, a product line used in wind turbines, structural materials and automotive and industrial applications. According to the ITEP filing, the project calls for a purpose-built plant with facilities for receiving and storing raw materials, blending and packaging finished resins, warehousing and a dedicated laboratory. Supporting infrastructure will include rail and truck loading, nitrogen and compressed air systems, power and new roadways. The project is expected to create 15 permanent jobs and 50 construction jobs. Construction is estimated to run from August 2025 through December 2027. The project is expected to generate $12.5 million in sales tax and $15.8 million in property tax over 20 years. "Exxon's been a...

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Extracted by Autobound

From the Signal API record
Event
Investment

What this signalsA large capital project often starts a round of vendor buying.

Amount named
$258M
Location
Louisiana, United States

More investment signals at other companies

The full record

From the Signal API record

Numbers

Amount named in the story
$258M

Details

Assets
high-performance resin manufacturing facility

Topics and mentions

Asset tags

  • production

Extraction

Confidence
95%
Detected
Aug 24, 2026
signal_type
news
signal_subtype
invests_into_assets

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/9b366f01-8e9a-43d4-57a3-eb7f6982ae85 returns this record as JSON. POST /v1/companies/enrich returns every signal for exxonmobil.com.

{
  "signal_id": "9b366f01-8e9a-43d4-57a3-eb7f6982ae85",
  "signal_type": "news",
  "signal_subtype": "invests_into_assets",
  "detected_at": "2026-08-24T18:36:31+00:00",
  "company": {
    "name": "ExxonMobil",
    "domain": "exxonmobil.com"
  },
  "data": {
    "url": "https://www.newsbreak.com/wbr-independent-388367421/4846830099865-exxonmobil-community-coffee-to-invest-over-300-million-in-west-baton-rouge-parish",
    "title": "ExxonMobil, Community Coffee to invest over $300 million in West Baton Rouge Parish - NewsBreak: Local News & Alerts",
    "assets": "high-performance resin manufacturing facility",
    "excerpt": "Two major industrial projects will bring more than $300 million in investment to West Baton Rouge Parish, generating an estimated $34 million in tax revenue for local taxing bodies over the next 20 years. Parish President Jason Manola announced the projects during the Aug. 13 parish council meeting, saying both received unanimous recommendations from the local Industrial Tax Exemption Program board. The larger of the two is ExxonMobil's Project Holly, a $257.5 million investment to build a new high-performance resin manufacturing facility on the grounds of the company's existing lubricant blending plant near Port Allen. The new facility will manufacture Proxima resins, a product line used in wind turbines, structural materials and automotive and industrial applications. According to the ITEP filing, the project calls for a purpose-built plant with facilities for receiving and storing raw materials, blending and packaging finished resins, warehousing and a dedicated laboratory. Supporting infrastructure will include rail and truck loading, nitrogen and compressed air systems, power and new roadways. The project is expected to create 15 permanent jobs and 50 construction jobs. Construction is estimated to run from August 2025 through December 2027. The project is expected to generate $12.5 million in sales tax and $15.8 million in property tax over 20 years. \"Exxon's been a...",
    "summary": "ExxonMobil is investing $257.5 million to construct a new high-performance resin manufacturing facility in West Baton Rouge Parish, Louisiana.",
    "location": "West Baton Rouge Parish, Louisiana, USA",
    "planning": true,
    "image_url": "https://img.particlenews.com/img/id/4Isa24_1EWmPGuz00",
    "confidence": 0.95,
    "assets_tags": [
      "production"
    ],
    "published_at": "2026-08-24T18:36:31Z",
    "location_data": [
      {
        "state": "Louisiana",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "The larger of the two is ExxonMobil's Project Holly, a $257.5 million investment to build a new high-performance resin manufacturing facility on the grounds of the company's existing lubricant blending plant near Port Allen.",
    "amount_normalized": 257500000
  }
}

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