Louisiana is ready to work
Louisiana – and Southwest Louisiana, for that matter – has found itself atop a very interesting list, and this time the news is very positive.
Site Selection magazine, a publication dedicated to real estate and economic development, has recognized Louisiana Economic Development (LED) as the best such agency in the nation.
The magazine uses a host of criteria to arrive at their decision, including businesses expanded, jobs created and capital investments made. Louisiana led the pack last year, beating out Virginia, Texas, North Carolina and South Carolina in the top five, respectively.
According to the magazine, LED has secured business development projects that are creating more than 39,500 new direct and indirect jobs and more than $8.5 billion in new capital investment, as well as billions in new sales for small businesses.
While Louisiana led the way on the national level, the magazine also ranked regional economic development agencies, too. And what do you know – the Southwest Louisiana Economic Development Alliance – which includes Jeff Davis Parish – made the magazine’s top 10 list, along with the Baton Rouge Area Chamber.
On top of all of that, Site Selection said Louisiana has the ninth-best business climate.
Southern Business & Development magazine named Louisiana “Co-state of the Year” for the second year in a row, citing Louisiana’s success in attracting more significant business development wins per capita than any other Southern state.
But wait, there’s more!
Nucor Corp., which is launching one of the largest industrial projects in Louisiana history, also made Site Selection’s 2010 Top Deals of the Year awards. The multiphase iron and steel project could create 1,250 jobs and $3.4 billion in capital investment in St. James Parish.
These are magazines you probably won’t find on your newsstand, but they are read by professionals in places that matter. This is top-notch advertising for Louisiana on a national level as a place to do business, and there’s nothing at all wrong with that.
Louisiana continues to outperform the South as a whole, but there’s still a long way to go. Louisiana is ready to work. Let this be a call to our local officials to get on the bandwagon.
Jeff Davis Parish should not be left behind.
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