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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. “We’re “With its proximity to the center of the U.S.
SelectUSA states that “A highly integrated supply chain network in the United States links producers and consumers through multiple transportation modes, including air and express delivery services, freight rail, maritime transport and truck transport. logistics and transportation industry totaled $1.33
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
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.
In May 2013, CSX Transportation Inc. The Port currently has service by two Class I railroads, Norfolk Southern and CSX—both offer double-stack service to critical manufacturing and population centers. At 1,675 feet, the arch was more than twice as long as the previous record-holder, the Hell Gate Railroad Bridge in New York City.
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.
Presented by Penske Logistics and authored by transportation consultant, Rosalyn Wilson, senior business analyst at Parsons Corporation, the report tracks and measures all costs associated with moving freight through the U.S. The transportation sector of the logistics industry grew by 3.6 Costs for water transportation rose 8.9
Ports provide the link for getting goods to consumers and transporting U.S. PORT OF SOUTH LOUISIANA: A BEVY OF ACTIVITY. This is the second year in a row we are number one in that category”, says Paul Aucoin, Executive Director of the Port of South Louisiana. made products overseas for export.
Runners-up in the 2013 competition included Utah, Texas, Louisiana, Georgia and Pennsylvania. Tennessee continues to prove it’s a great place for a global company’s operations, with our central location, strong transportation infrastructure and business-friendly climate,” TN Economic and Community Development Commissioner Bill Hagerty said.
Natural gas also is lifting the state economy in Louisiana. will produce high quality transportation fuels, including GTL diesel, as well as other value-adding chemical products. 3 natural gas producer (including offshore production), Louisiana is uniquely poised to create significant next-generation energy growth. Plains 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. Mexico and Canada alone account for more than two-thirds of the Detroit region’s exports. billion), Oakland ($22.0
Other states with large shale deposits—including Pennsylvania, Ohio and Louisiana—are moving full speed ahead with large-scale fracking operations. Barstow is a major transportation corridor that serves more than 60 million travelers and 19 million vehicles each year.
SB 1128 builds upon the current sales tax exemption program administered by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) by including “advanced manufacturing” companies in industries such as biotechnology, computers, appliances, machinery, furniture, fabricated metals and transportation goods.
HEALTHY FOREST ENTERPRISE INCENTIVES PROGRAM (HF): Provides incentives for certified businesses that are primarily engaged in harvesting, initial processing or transporting of qualifying forest products. Expand infrastructure connected with existing fleets, public transit and transportation corridors.
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