Governor Bobby Jindal and Agratech International have announced plans to renovate a former bottling facility in Opelousas.
The biotech venture will convert seafood shell waste into commercial products for automotive, defense and medical sectors.
The new facility will create new jobs and make a ten million dollar capital investment.
The business will use a process to convert raw shrimp, crawfish and crab shells into a variety of products ranging from sunscreen lotions and nasal sprays to dental membranes for implant surgery.
Agratech will also partner with UL Lafayette to help provide research opportunities students.