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Technology Center Opens At UL Lafayette Research Park

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CGI Federal recently celebrated the dedication of its 50,000-square-foot information technology center that serves as an anchor for the 143-acre University of Louisiana at Lafayette Research Park. million facility, a CGI Onshore IT Services Center of Excellence, will be home to 400 high-quality IT jobs at full employment.

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Global Growth Surge in Southwest Louisiana

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While standing next to each other during a press conference, Louisiana Governor John Bel Edwards and Lotte CEO Soon Hyo “Steve” Chung told a group of onlookers that the company would establish its headquarters in Lake Charles (relocating from Houston). By the BF Staff. From the July/August 2017 Issue. Photo: SWLA). Edwards said. “We

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Ports And FTZs: Enter With Less Risk

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An airport of entry (AOE), usually designated with the word “international”, provides customs and immigration services for incoming flights. employment growth. PORT OF SOUTH LOUISIANA: A BEVY OF ACTIVITY. The state of Louisiana as a whole consistently is ranked in the top 25 lists of states in all FTZ activity.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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Deal said the Innovation Center is “is exactly the kind of employer we want in the state.” Projects: IBM Tech Center (Louisiana Economic Development), Pinewood Atlanta Studios (Fayette County Development Auth.), General Motors’ project in Georgia will generate an estimated direct economic impact of $1.6 Honorable Mentions.

Deals 107
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Black Gold Rush

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No state has a brighter employment picture: there are so many jobs being created in the Peace Garden State—(yep, that’s what the locals call it, and no, it’s not a more sedate version of New Jersey)—that many new hires are having a hard time finding lodging, sleeping in their cars or RVs while new housing is built.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Must expand its labor force, make new capital investment, or prevent loss of employment.

Income 108
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FEATURE STORY: 2014 Economic Development Awards

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Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). The geographic boundaries have been extended, and capital investment and employment eligibility requirements have been reduced.

Indiana 108