Louisiana Tops $25 Billion in Capital Investment in 2023, Marking Seventh Straight Year of Economic Development Growth
BATON ROUGE, La. – Business investment in Louisiana reached historic levels in 2023, as private companies announced plans to invest more than $25 billion in economic development projects across the state. It was the state’s seventh consecutive year-over-year capital investment growth, and the third consecutive year that project…
SunGas Renewables Chooses Rapides Parish, Louisiana for Proposed $1.8 Billion Clean Fuel Facility
Low-carbon methanol project would result in nearly 500 new Central Region jobs
PINEVILLE, La. – SunGas Renewables, an independent division of GTI Energy, announced it is considering an investment of approximately $1.8 billion to establish a renewable low-carbon methanol production facility in Rapides Parish. The company projects its…
Schlumberger Invests $11.5 Million To Create North Gulf Coast Operations Hub In Lafayette
Project will centralize offshore support services, resulting in more than 100 new jobs in the Acadiana Region
LAFAYETTE, La. – Schlumberger announced it will invest $11.5 million to centralize its North Gulf Coast (NGC) divisions at a newly renovated operations hub in Lafayette. The company will create 44 new direct…
CF Industries Announces Planned $2 Billion Carbon-Capture Ammonia Complex In Ascension Parish
Proposed blue ammonia manufacturing project would create 103 new Capital Region jobs
CF Industries Holdings, Inc., announced it is evaluating a site in Ascension Parish for construction of a proposed $2 billion blue ammonia production facility that would create 103 direct new jobs in the Capital Region with an estimated…
LOUISIANA: Custom Workforce for Expanding
As COVID-19 emerged in 2020, businesses paused expansion plans. Yet Louisiana’s recruitment pipeline stayed full, and soon began yielding impressive results. In July, Louisiana gained State of the Year recognition for best prior-year economic development results in the South. Days later, LED Fast Start® – Louisiana’s custom…
