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Redevelopment commission recommends tax abatement for Lamco expansion; company says it will invest $650,000 and add 12 jobs
Summary
The commission approved Resolution LRC 2025-15 recommending a tax abatement for Lamco’s $650,000 expansion; Lamco representatives said the project is a 6,000-square-foot addition and expects to hire 12 workers, though health insurance for new hires is not currently feasible, the company said.
The Lafayette Redevelopment Commission voted on Nov. 20, 2025 to recommend designation of an economic revitalization area and approval of a tax abatement for Lamco under Resolution LRC 2025-15. Staff introduced the proposal and said Lamco plans a major property expansion.
Dennis, the commission director, told the body Lamco would invest $650,000 in a real-estate expansion for…
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