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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
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.
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
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.
Foreign-Trade Zones (FTZs) Program was created in 1934 with the goal of helping businesses in the U.S. According to the National Association of Foreign Trade Zones (NAFTZ), in 2014, goods exported directly from U.S. PORT OF SOUTH LOUISIANA: A BEVY OF ACTIVITY. military forces. It has been a critical tool in helping U.S.
Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. 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. The Bayonne Bridge was the world’s longest steel-arch bridge for 45 years.
Through the Enterprise Zones Program business and industry can realize state incentives such as Job Creation Grants and Real Property Investment Grants, while also realizing a number of local tax and other incentives. Chicago is the nation’s rail hub that connects six of the seven class one railroads. This region is the only U.S.
Other states with large shale deposits—including Pennsylvania, Ohio and Louisiana—are moving full speed ahead with large-scale fracking operations. The region boasts one of California’s largest enterprise zones, offering incentives for companies to locate and expand within the greater Sacramento area.
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.
Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.
ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.
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. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. Great Lakes U.S. -
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