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What impact will Gov. Landry’s ITEP changes have?

Gov. Jeff Landry signed an executive order Wednesday that significantly alters Louisiana’s Industrial Tax Exemption Program. The executive order not only kills job creation and retention requirements...

Lake Charles Methanol announces plans for $3.2B manufacturing plant

Lake Charles Methanol II LLC announced plans last week to invest $3.24 billion to construct a manufacturing plant that will produce low-carbon intensity methanol...

South Lafourche airport gets federal grant for new terminal building

The Greater Lafourche Port Commission received $1.5 million from the Federal Aviation Administration’s Bipartisan Infrastructure Law Airport Terminals Program to construct a new state-of-the-art 6,000...

Get the latest on the Mississippi River bridge

A new bridge across the Mississippi River still won’t happen before 2031, and there’s still a question of whether the funding for it will...

Louisiana lawmakers approve $2.1B Calcasieu River bridge deal

Lawmakers approved a public-private partnership last week to build a $2.1 billion toll bridge over the Calcasieu River after officials renegotiated an initial deal...

ITEP authority could be consolidated to parish industrial boards

The power local governing authorities have to approve property tax exemptions for large industrial developments could soon transfer to separate, singular parish industrial development...

DEQ deciding fate of planned Mitsubishi chemical plant in Geismar

The fate of a proposed Mitsubishi Chemical plant in Ascension Parish is now in the hands of the Louisiana Department of Environmental Quality, WAFB-TV reports. DEQ...

Court reinstates Formosa’s St. James plant permit, but project economics remain bleak

Last week, the Louisiana First Circuit Court of Appeals overturned a lower court decision and reinstated a permit for Formosa’s proposed petrochemical complex in St....

Port NOLA receives $226M federal grant to support $1.8B Louisiana International Terminal

The largest public economic development project in state history has now received the biggest economic development grant in Louisiana history, reports New Orleans City...

ExxonMobil completes $230M upgrade of Baton Rouge refinery

ExxonMobil announced last week that a $230.5 million, three-year modernization initiative at its aging north Baton Rouge refinery has been completed. The initiative, called the Baton...

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