CEO Guide to Site Selection

Louisiana

PROGRESS IN THE PELICAN STATE

Louisiana topped more than $20 billion in capital investment in 2022, its fifth consecutive year of investment growth, according to the Louisiana Economic Development 2022 Annual Report. Ucore announced a $75 million acquisition in rare earth minerals manufacturing facility in Alexandria. Placid Refining relocated its headquarters from Texas to Baton Rouge, and a joint venture by Copenhagen Infrastructure Partners and Sustainable Fuels Group is exploring a $4.6 billion ammonia facility in St. Charles Parish. Meanwhile, new tech development also continues to grow across the state with investments by companies like Excella and Big Fish Games.

“Expanding technology companies continue to select Louisiana as the ideal location to grow their business.... 360insights will have access to the nation’s No. 1 tech talent pipeline, ensuring it remains competitive and innovative. The specialized, high-paying jobs this project will create bodes well for the continued expansion and diversification of Louisiana’s future-focused economy.”
John Bel Edwards
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Business Tax Climate Index ranking

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

Yes

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

decrease between 2010 and 2020

KEY INCENTIVES

Industrial Tax Exemption Program: Offers a property tax abatement for up to 10 years on a manufacturers’ eligible new capital expenditures.

Quality Jobs: Offers up to a 6% rebate on annual payroll expenditures for up to 10 years and a tiered state sales/use tax rebate on capital expenditures, or a 1.5% investment tax credit for qualified jobs.

FastStart: Nationally recognized workforce program offering customized employee recruiting, training and retention programs to eligible companies at no cost.

Angel Investor Tax Credit: Offering up to a 2% tax credit for individual investors who invest in early-stage, wealth-creating businesses that seek startup and expansion capital.

Research and Development Tax Credit: Encouraging research and development activities by providing up to a 30% tax credit for in-state research expenditures, with no cap and no minimum requirement.

EDCs

Louisiana Economic Development
opportunitylouisiana.com

Baton Rouge Area Chamber
brac.org

Greater New Orleans, Inc. Regional Economic Development
gnoinc.org

Greater Shreveport Chamber
shreveportchamber.org

HIGHLIGHTED PROGRAM OR INITIATIVE

LED FastStart offers employee recruitment, screening, training development and training delivery at no cost to participating employers. The discretionary program has expertise in a range of industries, including manufacturing, tech and research and development. The program has developed comprehensive workforce solutions for a variety of Fortune 500 companies, as well as venture capital funded high-tech firms, including Microsoft, Boeing and IBM.

BIG DEALS

  • DG Fuels announced in March 2023, it is evaluating a site in St. James Parish for a $4.2 billion sustainable aviation fuel plant.
  • Placid Refining announced in March 2023 the relocation of its headquarters from Texas to Baton Rouge.
  • SunGas Renewables, an independent division of GTI Energy, announced in July 2023 it is considering a $1.8 billion investment to establish a renewable low-carbon methanol production facility in Pineville.
  • Monarch Energy announced in August 2023 it is exploring building a $426 million facility in Ascension Parish employing a carbon-free hydrogen manufacturing process.
  • First Solar announced in August 2023 it will invest up to $1.1 billion in a plant in Louisiana to produce high-performance photovoltaic (PV) solar modules.
  • St. Charles Clean Fuels is exploring a $4.6 billion reduced-carbon ammonia facility in St. Rose.

BIG COMPANIES

  • Luman Technologies (Fortune 500 headquarters)
  • Entergy (Fortune 500 headquarters)
  • BASF
  • Venture Global
  • Air Products
  • CF Industries
  • General Dynamics Information Technology
  • CF Industries
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.