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Global Growth Surge in Southwest Louisiana

Business Facilities

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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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee is proud to be a right-to-work state with no personal income tax on wages. Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. North Carolina, Colorado and Virginia topped the chart in BF’s flagship Economic Growth Potential ranking. “Our

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Technology Center Opens At UL Lafayette Research Park

Buisness Facilities Contributed Content

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. LED began discussions with CGI about a potential Louisiana technology center in August 2012, leading to an April 2014 announcement of the project.

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Nucor Direct Reduced Iron Plant Completed In St. James Parish, LA

Buisness Facilities Contributed Content

Nucor has created 140 new direct jobs to date and will reach its target of 150 jobs well in advance of the company’s year-end 2014 commitment to the State of Louisiana. By the end of 2015, the company will inform Louisiana officials of its intent to complete the remaining four phases. James Parish'

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Industry Focus: Aerospace Sector Is Flying High Again

Buisness Facilities Contributed Content

billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 KPMG’s 2015 “Location Matters: The State Tax Costs of Doing Business” noted Louisiana ranks No. However, despite the decline in employment numbers, the U.S.

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Business Facilities Names 2013 Deal of the Year Winners

Buisness Facilities Contributed Content

Louisiana’s thriving capital landed this jewel with an unprecedented partnership which marshaled the resources of Louisiana Economic Development, the Baton Rouge Area Foundation (BRAF), Baton Rouge Area Chamber (BRAC), Louisiana State University and the City of Baton Rouge/East Baton Rouge Parish.

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FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

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 Louisiana Supreme Court ruled in favor of the city in 2007, beating back legal challenges from private service providers who tried to block the project.

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