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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
The Port of South Louisiana, founded in 1960, has grown in size and strength to become the largest tonnage port in the Western Hemisphere as well as, according to a recent report by international shipping magazine Fairplay, the 16th ranked port in the world out of 5,000 ports. Regionally, the Port contributes $1.8 billion in income, $14.4
via a 14,500-mile inland waterway system, six Class One railroads and a nexus of interstate highways, New Orleans is the port of choice for the movement of everything from steel, rubber and manufactured goods to commodities like coffee,” said Editor in Chief Jack Rogers. . “With its proximity to the center of the U.S.
PROJECT TITLE: FORMOSA PETROCHEMICAL COMPLEX ENTERED BY: LOUISIANA ECONOMIC DEVELOPMENT. James Parish surrounds one of the biggest bends of the Mississippi River, where the waterway turns toward New Orleans halfway downstream from Louisiana’s capital, Baton Rouge. By the BF Staff From the January/February 2016 Issue. Bobby Jindal.
In comparison, railroads are in a much better position regarding infrastructure, equipment and personnel. Three Class I railroads (Norfolk Southern, Canadian Northern and the CSX) serve Decatur and are directly interconnected through a privately owned intermodal ramp as part of the Midwest Inland Port. Subsequently, the U.S.
FLYING HIGH IN NORTH LOUISIANA. Aerospace/defense companies will find North Louisiana a business-friendly and low cost manufacturing environment. Ranked as the most cost competitive place to do business by Forbes and KPMG, North Louisiana offers both value and quality.
This project will continue to position Louisiana as a leader in the global technology sector as we are bringing in one of the largest, most successful, most innovative companies to create a first-of-its-kind software development center in Louisiana,” Gov. million office building will be funded by the State of Louisiana ($14.8
However, the competition is heating up as other ports build up their infrastructure and dredge their channels to get ready. This new investment in port infrastructure is an important step forward to help grow our local economy and to secure the Port of Baltimore’s future for years to come,” said Baltimore Mayor Rawlings-Black.
In December, a federal judge approved the Deepwater Horizon Economic and Property Damages Settlement agreement, which covers individuals and businesses in Louisiana, Mississippi, Alabama, and certain coastal counties in eastern Texas and western Florida, as well as specified adjacent Gulf waters and bays.
And those pro-business factors are evident in Brunswick County with low operating costs, exceptional transportation and utility infrastructure, a strong commitment to education and workforce development and the commitment to work in partnership with business. Chicago is the nation’s rail hub that connects six of the seven class one railroads.
PORT OF SOUTH LOUISIANA: A BEVY OF ACTIVITY. In the newly released 2015 Foreign Trade Zones Board Annual Report to Congress, the Port of South Louisiana’s Foreign Trade Zone 124 is once again listed at the top with over $15 billion in the merchandise received, warehouse/ distribution category. IMPORTING AND EXPORTING IN SWLA.
Runners-up in the 2013 competition included Utah, Texas, Louisiana, Georgia and Pennsylvania. In addition to retaining its automotive crown, Tennessee notched top 10 finishes in Best Business Climate, Best Infrastructure, Renewable Energy Leaders (Power Generation) and Best Education Climate. WORLD-CLASS INFRASTRUCTURE.
Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Grants are available for Proof of Concept, Early-Stage Capital & Retention, Infrastructure Funding and AI Exports. ALABAMA - updated for 2014.
Natural gas also is lifting the state economy in Louisiana. 3 natural gas producer (including offshore production), Louisiana is uniquely poised to create significant next-generation energy growth. With 32 ports statewide, Louisiana offers six deep-draft ports capable of transferring large quantities of cargo, is one of only two U.S.
The Texas capital edged the Louisiana capital for this year’s growth prize, but the outlook in both of these cities is so robust we’re tempted to retire the category and declare these two locations permanent winners. However, the competition is heating up as other ports build up their infrastructure and dredge their channels to get ready.
ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities. IDBs can be issued by the California Infrastructure & Economic Development Bank (I-Bank), cities, counties and joint powers authorities and do not constitute an obligation of either the state or the local government issuer.
Other states with large shale deposits—including Pennsylvania, Ohio and Louisiana—are moving full speed ahead with large-scale fracking operations. Discussions are currently underway regarding infrastructure concerns, utility coordination/installation issues, and the potential of obtaining rail-spur access for the site.
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