Industrial Realty Group, LLC (IRG) has confirmed that SLB has significantly expanded its footprint at Shreveport Business Park, the former General Motors assembly complex. SLB now occupies a total of 3.1 million square feet at the campus, taking the balance of the remaining space in the property and bringing the former auto plant to full occupancy.
The lease-up marks a key turning point for the Shreveport Business Park, a 3.5-million-square-foot industrial campus that has undergone a multiyear transition since GM ended operations there. With SLB’s expansion, the site is now fully activated by a mix of industrial users, reflecting a shift from its legacy as a single-tenant automotive facility to a diversified, multi-tenant industrial hub.
In addition to SLB, the property is home to operations for Hyundai Glovis and the United States Postal Service (USPS), adding to the variety of logistics and industrial activity on site. IRG’s announcement underscores that these tenants now collectively occupy the full square footage of the former GM plant, positioning the campus as a major employment and industrial center within Shreveport Business Park.
SLB initially outlined its plans for the location in 2023, when it committed to more than 1 million square feet at the Shreveport campus for advanced manufacturing operations. That initial phase represented an $18.5 million investment, establishing a foundation for the company to scale production at the repurposed facility.
The most recent expansion by SLB was accompanied by an additional $30 million investment, further building out its advanced manufacturing capabilities at the site. This follow-on capital commitment reflects the company’s decision to consolidate a larger share of its operations at Shreveport Business Park and fully utilize the remaining space at the former GM facility.
Employment at the property is projected to rise meaningfully as a result of these expansions. By 2027, an estimated 1,400 employees are expected to be working at Shreveport Business Park. That figure would surpass the approximately 800 workers employed at the facility when General Motors closed the plant in 2012, highlighting the scale of the campus’s post-automotive reuse.
The combination of full building occupancy, multiple industrial users, and stepped-up capital investment has completed the transformation of the Shreveport Business Park from a shuttered automotive plant into a fully utilized industrial campus. As SLB, Hyundai Glovis, USPS, and IRG continue to advance operations, the former GM site is now positioned as a large-scale employment and manufacturing node within Shreveport’s industrial landscape.
