Louisiana Economic Development honored the 2011 Lantern Award winners from eight regions in a private reception at the governor’s mansion Tuesday. Recognized for excellence in manufacturing and community involvement, Broussard-based Maritime International, which last year ranked No. 43 on ABiz’s list of the Top 50 privately held companies in Acadiana, is the 2011 Acadiana area honoree. The company designs and manufactures bollards, marine fender systems, and mooring and navigational buoys for clients around the world, including the U.S. Navy. It also provides heavy marine fabrication services for the oil and gas industry.
Maritime, which has grown from 50 employees in 2008 to 79 at the end of 2010, was nominated by state Sen. Fred Mills and Beth Guidry of the St. Martin Economic Development Authority. Maritime invested $2.2 million in a 2008 plant expansion, $8.5 million in 2009 and $500,000 last year.
In announcing the winners, LED Secretary Stephen Moret commended the recipients for their achievements and contributions, which he said are helping Louisiana’s economy outperform the South and the U.S. on a regular basis. “As we continue to reposition Louisiana as one of the best states for business investment, supporting the growth of our existing businesses will remain our top priority,” Moret said.
Lantern Award winners are selected by Regional Planning and Development Districts in Louisiana based on the businesses’ contributions to their local communities, including employment growth and facility expansion. Each business must also demonstrate sustainability by remaining in operation at least three years prior to the nomination.
As part of the award ceremony, the Louisiana Quality Foundation recognized its Louisiana Performance Excellence Award winners, among which was Our Lady of Lourdes Regional Medical Center.
In addition to Maritime, the 2011 Louisiana Lantern Award winners are:
Bollinger Shipyards Lockport LLC
Triton Industries LLC
Six C Fabrication Inc.
ConAgra Foods Lamb Weston
Southland Printing Co. Inc.
St. Joe Brick Works
Max Brake Brake Controllers
Since LED launched the Lantern Awards in 1979, the program has recognized more than 260 Louisiana manufacturing businesses.