SpaceX gets $27.5B tax incentives package for Louisiana deal
SpaceX stands to receive an estimated $27.5 billion in tax incentives as part of its $100 billion Starbase Louisiana facility in Vermilion Parish, Louisiana Illuminator reports.
The...
LED’s Susan Bourgeois: Landing SpaceX spaceport project took only six months
Louisiana’s deal to land SpaceX’s $100 billion Vermilion Parish spaceport project came together in just more than six months, according to Louisiana Economic Development Secretary...
It’s official: SpaceX is coming to Louisiana
SpaceX, the Elon Musk-led aerospace company, is investing $100 billion to build a launch facility in coastal Vermilion Parish, state officials announced Tuesday morning...
NDAs have become central to the pursuit of Louisiana megaprojects
Over the last couple of years, Louisiana has increasingly relied on NDAs (Non-Disclosure Agreements) during negotiations with investors of potential megaprojects, WWNO – New...
AEDC shifts its focus to attracting next wave of investment at RiverPlex MegaPark
The Ascension Economic Development Corp. is turning its focus toward building the infrastructure needed to attract the next wave of industrial projects at RiverPlex...
Cameron Parish to collect over $4B in property taxes over next decade as LNG...
Cameron Parish is projected to collect more than $4 billion in property taxes over the next 10 years as industrial tax exemptions for six...
Hecht to step down as president & CEO of GNO Inc.
GNO Inc. announced June 18 that President & CEO Michael Hecht will transition to a new role in 2027, moving into the position of...
Mega-sized industrial projects earn Louisiana the Gold Shovel Award for economic development
For the third consecutive year, economic development publication Area Development has honored Louisiana with the 2026 Gold Shovel Award—the third straight year it has earned...
Cleaner steel ahead? Hyundai revises the air permit for its Louisiana plant
Hyundai-POSCO Louisiana Steel recently submitted revisions to its air permit application that are expected to reduce emissions from the proposed $5.8 billion facility...
Industrial construction surge big reason for Baton Rouge’s booming economy
Baton Rouge's construction sector added some 6,500 jobs over the past year, more than any other sector, thanks to projects such as Hyundai’s steel...
