SHREVEPORT, La. – The North Louisiana Economic Partnership has purchased the former Libbey Glass manufacturing complex in Shreveport, a move aimed at preparing the shuttered site for new industrial employers.
The 54-acre campus at 4302 Jewella Ave. includes more than 850,000 square feet of industrial space and access to rail service. Libbey ceased operations there in late 2020 as part of pandemic-related cutbacks.
NLEP said the acquisition will allow the group to remediate and reposition the property to attract private investment. The organization is working with regional and state officials on the redevelopment effort.
“The purchase of the former Libbey Glass property is a critical step in advancing Northwest Louisiana’s economic future,” said Justyn Dixon, NLEP president and CEO. “By taking ownership of this site, NLEP can ensure it is prepared for modern industry and positioned to attract new investment.”
State Sen. Thomas Pressly, R-Shreveport, said the project demonstrates the impact of coordinated public support. “The Libbey site has long been an important part of Shreveport’s history, and now it has the potential to play an equally important role in our future,” he said.
Local leaders also emphasized the potential to turn a long-vacant property into an economic asset. “This marks a significant milestone in our commitment to revitalizing the site and transforming it into a vibrant hub for redevelopment,” said Caddo Parish Commissioner Stormy Gage-Watts.
The Northwest Louisiana Finance Authority backed the deal. Chairwoman Marian Claville-Burks said the redevelopment could help attract private investment while improving one of the city’s most visible industrial corridors.
NLEP said the site will undergo a review to determine needed improvements before it is marketed to prospective employers.