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Using a formula that takes into account the new tax revenues generated by the 1,612 new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $54 million paid over 12 years. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. Louisiana, no.
The state’s largest city, Wichita, is known as the Air Capital of the World due to the prominent role it plays in aviation manufacturing. Wichita’s aviation manufacturers are supported by the National Center for Aviation Training and Wichita State University’s National Institute for Aviation Research.
Greg Abbott recently established the Tri-Agency Workforce Initiative to assess local economic activity, examine workforce challenges and opportunities, and consider innovative approaches to meeting the state’s workforce goals. RedGuard provides safe, customizable and scalable modular buildings for a variety of industrial settings.
With a diverse and well-executed economic development strategy, a workforce training program that sets the standard for the nation and a full menu of innovative incentives, Louisiana is marching forward on a path to prosperity,” Rogers said. Biotechnology companies account for 34.6 percent and medical device companies account for 21.6
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