Swyft Fiber is expanding its operations and will build its new headquarters in Metairie. President of the Jefferson Parish Economic Development Commission, Jerry Bologna, says Swift Fiber employs more than 230 people today and they plan to grow to more than 300 employees by the end of 2027.
“I think they chose Jefferson Parish because they have an available workforce here. They know that they can find the employees they need to continue to grow, right here,” Bologna said.
Bologna says the internet provider is also making a $1 billion investment in broadband infrastructure.
“90% of that is going to be spent in the State of Louisiana; a lot or rural broadband networks will be developed as a result,” Bologna noted.
Swyft Fiber currently operates in five states. Bologna says Swyft Fiber’s existing network will grow from more than 160,000 homes and businesses to more than 500,000 over the next four years.
“Most of this $1 billion buildout throughout the state, it’s going to take place within the confines of Louisiana. So it’s a great place for them to be centrally located, to implement all of this expansion,” Bologna explained.
Most of the company’s planned network will be built underground to reduce exposure to high winds from hurricanes and severe storms.