Life for Tyres Group Limited, a European tire recycling company, announced plans last week to invest $46 million in its first U.S. processing facility at the Port of South Louisiana’s Globalplex site in Reserve, Biz New Orleans reports.
Lawmakers approved a public-private partnership last week to build a $2.1 billion toll bridge over the Calcasieu River near Lake Charles after officials renegotiated an initial deal rejected in October, reports New Orleans City Business.
The largest public economic development project in state history has now received the biggest economic development grant in Louisiana history, reports New Orleans City Business.