DOING BUSINESS IN LOUISIANA

 

Louisiana Economic Development
225-342-6016
don.pierson@la.gov
www.opportunitylouisiana.com

Doing Business in Louisiana

While supporting established companies across Louisiana, we are aggressively attracting new investment to our state in record numbers. In the process, we have succeeded in diversifying our economy in industry sectors that are poised for rapid growth.

— Don Pierson, Secretary,
Louisiana Economic Development
Doing Business in Louisiana
Baton Rouge is the capital city in Louisiana with a population of nearly 225,000. (Photo: Adobe Stock / Felix Mizioznikov)

  TARGETED GROWTH SECTORS

Energy: Many Louisiana attributes that helped the oil and gas industry thrive are now spurring investments in solar and wind power, carbon capture and sequestration, and alternative fuels.


Manufacturing: Decades of expertise and an available, highly skilled workforce put Louisiana at the epicenter of the nation’s manufacturing renaissance.


Technology: Strategic investments in higher education and a comprehensive portfolio of targeted incentives have created an ideal environment for IT, software development, and bioscience business expansion.

  TOP PROJECTS

COMPANY
LOCATION
INVESTMENT
Clean Hydrogen Works
Donaldsonville
$7.5 billion 
St. Charles Clean Fuels
St. Rose
$4.6 billion
DG Fuels
St. James Parish
$3.1 billion
CF Industries
Ascension Parish
$2 billion
SunGas Renewables
Pineville
$1.83 billion

FEATURED LOCATIONS

Lafayette Economic Development Authority
See why companies like SchoolMint, Amazon and CGI have chosen to locate and expand their operations in Lafayette, LA.

 


Louisiana Economic Development

The pace and scale of Louisiana’s economic growth and diversification are testaments to the state’s skilled workforce, competitive incentives, transportation infrastructure and logistics superiority. A longtime national leader in customized training and recruitment, Louisiana supports companies with a pro-business climate that puts all the ingredients for success within reach.

SWLA, SWLA Economic Development Alliance

Southwest Louisiana: We are equipped for opportunity! We have six ports, two major airports, and numerous shovel-ready sites, buildings, plants and petrochem facilities available for development.

  FAST FACTS

Population (July 2022 est.): 4,590,241¹
Largest Cities (2020): New Orleans (383,282); Baton Rouge (224,480); Shreveport (187,338); Lafayette (121,996); Lake Charles (85,352)¹
Real GDP (2022): $217.1 billion²

¹U.S. Census Bureau
²Bureau of Economic Analysis, U.S. Dept. of Commerce

  WORKFORCE TRAINING

Customized Workforce: For 13 of the last 14 years, LED FastStart has been recognized by Business Facilities as the No. 1 customized workforce training program in America. FastStart’s patented Recruit-Train-Sustain approach to talent pipeline development is available at no cost to participating employers.

  TOP BUSINESS FACILITIES RANKINGS

#1 Tech Talent Pipeline
2023 State Rankings
#2 Manufacturing Output (% of GDP)
2023 State Rankings
#2 Customized Workforce Training
2023 State Rankings
#2 Film & Television
2023 State Rankings
#3 FTZ Activity (Exports): Gramercy (FTZ 124)
2023 Metro Rankings
#2 Logistics Leaders: New Orleans
2023 Metro Rankings
Top 5 FTZ Activity (Imports): Gramercy (FTZ 124)
2023 Metro Rankings
Top 5 Manufacturing Hubs (Small): Lake Charles
2023 Metro Rankings
Top 10 Top Performing Container Ports: Port of New Orleans
2023 Metro Rankings

From the July / August 2023 issue of Business Facilities

LATEST NEWS

Louisiana Capital Investment

Louisiana Continues Year-Over-Year Capital Investment Growth

In 2023, the Bayou State garnered projects totaling more than $20 billion for the third year in a row.
FAA grants

FAA Grants Nearly $1B For Building Better Airport Terminals

Under this funding from the Bipartisan Infrastructure Law, 114 airports across the U.S, spanning 44 states and three territories will improve service and performance.
certified sites

Proper Planning Aids Shovel-Ready Site Development

American Rescue Plan Act (ARPA) funds related to certified sites must be used by the end of 2024.