Economic Development

DEQ deciding fate of planned Mitsubishi chemical plant in Geismar

The fate of a Mitsubishi Chemical plant in Ascension Parish is now in the hands of the Louisiana Department of Environmental Quality, WAFB-TV reports.

Manufacturers are hiring, but there’s no one to fill the jobs

The manufacturing sector is facing a serious worker shortage. The manufacturing sector is facing a serious worker shortage.

DH Horton spends $7.1 million for land off Nicholson Drive

National homebuilder DR Horton has purchased 127 lots for a new subdivision off Nicholson Drive. 

ITEP authority could be consolidated to parish industrial boards

The power local governing authorities have to approve property tax exemptions for large industrial...

US employers added a surprisingly robust 353,000 jobs in January

The nation’s employers delivered a stunning burst of hiring to begin 2024, adding 353,000...

Central Louisiana crawfish farms providing a bit of hope for season

The current projections for the 2024 crawfish season in Louisiana have been troubling for farmers and consumers alike as limited supply due to drought, extreme heat and late fall weather conditions are expected to make prices soar to historic levels.
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Job cuts across the country doubled in January 

Job cut announcements in January increased to their highest level in 10 months as...

Port NOLA’s $1.8B Louisiana International Terminal gets a $226M grant 

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.

b1Bank is acquiring a Texas-based SBA lender service provider

Baton Rouge-based Business First Bancshares Inc., the holding company for b1Bank, is growing yet...

Would reorganization help LED better recruit companies?

Two of Louisiana’s most prominent business organizations are backing a restructuring of Louisiana Economic...