CEO Guide to Site Selection

Louisiana

BETTING ON CHEM IN THE BAYOU STATE

While the Bayou State has always attracted tourists, it’s now attracting a growing number of companies in several sectors. With six interstate highways, six Class One railroads and major ports with access to the Mississippi River and Gulf of Mexico, there’s a solid infrastructure. Oil and chemicals remain vital to the state’s economy, but there are new developments in tech and other sectors. Economic data show regional employment in the manufacturing industry for the state is expected to be higher than the national average. A Louisiana State University economist also predicts nearly all the state’s metro areas will add jobs over the next two years, thanks to growth in industrial construction, healthcare and Amazon distribution centers.

“Again and again, we’ve heard about the high value that major global investors place on our state’s commitment to climate action and all-of-the- above approach to energy. By combining that long-range vision with abundant natural resources, logistical advantages and a skilled workforce, Louisiana can lead America’s clean-energy economy for generations to come.”
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 %

increase between 2010 and 2020

KEY INCENTIVES

LED FastStart: Nationally recognized workforce training program that offers customized employee recruiting, screening and training solutions at no cost to eligiblecompanies.

Angel Investor Tax Credit: Offers up to a 25% tax credit for individual investors who invest in early-stage, wealth-creating businesses that seek startup and expansioncapital.

Industrial Tax Exemption: 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 pay- roll expenses for up to 10 years and tiered a state sales/ use tax rebate on capital expenses, or a 1.5% investment taxcredit, for qualified jobs.

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

The Restoration Tax Abatement (RTA) program offers up to a 10-year abatement of property taxes on renovations and improvements of existing commercial structures and owner-occupied residences located within economic development districts, downtown development districts, historic districts and opportunity zones. It comes with a five-year contract with an option for a five-year renewal with approval from a local governing authority, the Board of Commerce and Industry and the governor

BIG DEALS

  • Great Southern Wood Preserving announced a $22.5 million expansion and 58 new jobs at its Avoyelles Parish treatment facility.
  • Supreme Rice announced a $16.2 million expansion and 20 new jobs in Crowley and Mermentau.
  • Global technology company Schlumberger announced a $11.5 million investment and 44 new jobs at its operations hub in Lafayette.
  • Focus Foods announced in April 2022 a $1.7 million expansion and 100 new jobs in Baton Rouge.
  • Canadian forestry products company Teal Jones Group announced in July 2022 a $110 million lumber production facility and 500 new jobs in northwestern Louisiana.
  • Deere & Company announced in October 2022 a $29.8 million expansion and 70 new jobs at its Thibodeaux facility.

BIG COMPANIES

  • Entergy (Fortune 500 headquarters)
  • Lumen Technologies (Fortune 500 headquarters) 
  • LHC Group
  • Amedisys
  • Pool Corp
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.