LOUISIANA'S UNIQUE BUSINESS ADVANTAGES DRIVE NEW INVESTMENT, MANUFACTURING JOB GROWTH

Unique Advantages Drive New Business

Louisiana is the portal to the Gulf of Mexico and the world, connecting 17 states navigable by barge from the Mississippi River. (Credit: Port NOLA)

Companies establishing their first Louisiana ventures are welcomed by a pro-business ecosystem committed to supplying the resources necessary for success. In 2022, new business development projects reinforced the state’s standing as an ideal location for energy, advanced manufacturing and process industries investment, while also accelerating the growth of emerging sectors like life sciences and technology. The potential long-term impact on job creation is clear: Manufacturing jobs in Louisiana, which declined during the pandemic, ended the year at their highest level since 2015. 

$9.1 Billion

Capital Investment

1,537

New direct jobs

2,806

New Indirect Jobs

2022 New Business Project Wins

$40M

Arq Ltd.

$4M

Avant Organics

$816M

ElementUS

$692.6M

Strategic Biofuels LLC

Jan 13, 2022

$1.5 Million

Advanced Call Center Technologies

600

New Direct Jobs

314

New Indirect Jobs

-

Retained Jobs

Parish: Caddo | Region: Northwest

Feb 16, 2022

$750 Million

Origin Materials

200

New Direct Jobs

857

New Indirect Jobs

-

Retained Jobs

Parish: Ascension | Region: Capital

Mar 10, 2022

$500,000

Greenberry Industrial

100

New Direct Jobs

144

New Indirect Jobs

-

Retained Jobs

Parish: Jefferson Davis | Region: Southwest

Jun 8, 2022

$19.5 Million

Center for Molecular Imaging & Therapy

25

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Caddo | Region: Northwest

Jun 14, 2022

$800 Million

Arbor Gas

32

New Direct Jobs

110

New Indirect Jobs

-

Retained Jobs

Parish: West Baton Rouge | Region: Capital

Aug 1, 2022

$35 Million

Calucem

70

New Direct Jobs

158

New Indirect Jobs

-

Retained Jobs

Parish: Orleans | Region: Southeast

Sep 22, 2022

$100,000

Faubourg Brewing Company

0

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Orleans | Region: Southeast

Oct 31, 2022

$7.5 Billion

Clean Hydrogen Works

350

New Direct Jobs

1,122

New Indirect Jobs

-

Retained Jobs

Parish: Ascension | Region: Capitol

Dec 2, 2022

$97 Million

Aquaspersions

25

New Direct Jobs

101

New Indirect Jobs

-

Retained Jobs

Parish: St. Martin | Region: Acadiana

Dec 20, 2022

Excella

150

New Direct Jobs

0

New Indirect Jobs

-

Retained Jobs

Parish: Orleans | Region: Southeast