LED finalizes FastSites investment in $7M industrial rail spur at Port of Columbia

Louisiana Economic Development has finalized a $1 million FastSites investment to advance a new industrial rail spur at the Port of Columbia in Caldwell...

Several of Baton Rouge’s $1 billion in planned road projects to benefit industry

In economist Loren Scott’s latest Louisiana Economic Forecast, presented at Business Report’s Louisiana Business Symposium on Tuesday, he estimates more than $1 billion in...

Ascension Parish releases Hyundai deal details as confidentiality period expires

Ascension Parish released economic development documents related to Hyundai Steel’s $5.8 billion investment on Tuesday, following the expiration of the confidentiality period. The documents...

LED launches second round of FastSites program

Louisiana Economic Development is launching the second round of its FastSites program, with $50 million available for infrastructure and site improvements designed to help...

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...

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