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Elio Motors Announces Vehicle Manufacturing Facility In Shreveport, LA

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Industrial developer Stuart Lichter, who has acquired other former GM sites, will buy the 530-acre Shreveport site in conjunction with Elio Motors and lease portions of the site to other tenants. The Caddo Parish Commission also is negotiating potential incentives to support Elio’s redevelopment of the former GM site.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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The federal Bureau of Land Management, which has subsurface mineral rights for much of the Monterey shale field, in December sold about 15 leases for thousands of acres of potential shale development in California. According to reports, a battle for mineral rights is now underway in the scenic vineyards of Hames Valley near Bradley, CA.

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Industry Focus: Aerospace Sector Is Flying High Again

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Enjoying an abundance of economic assets and fueled by an entrepreneurial spirit, the nine-parish (county) region of Acadiana in south Louisiana is a special place to do business — culturally vibrant and rich in Cajun heritage. Additionally, individual income taxes paid totaled $23.9 billion in 2014, a 9.9 percent increase since 2010.

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FEATURE STORY: 2013 Economic Development Awards

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Highlights include the largest industrial spec development lease in the last five years in Broward County. The local economic development office for Rochester, NH led the Recruitment Team for the project, and persevered during a two year selection and negotiation process, managing a complex package of deliverables.

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