Expanding In-State Business

Economic development powered by business expansion

Expanding In-State BusinessExpanding In-State Business

Established Louisiana companies are expanding and taking on new business ventures. It’s a sign of continued growth for the state’s economy, and a signal that Louisiana businesses are committed to building a prosperous future for our state. 

Playing a supporting role for in-state economic development, the LED Business Expansion and Retention Group (BERG) supports existing economic driver companies, which are typically mature companies in high-growth industries. These companies account for roughly 60 to 70 percent of all new job growth in Louisiana. BERG meets with company leaders to build relationships, understand their challenges, and facilitate retention and expansion activities. In 2021, LED’s BERG team conducted over 400 in-person and virtual visits with economic driver companies across the state. 

The breadth of companies choosing to expand is impressive, and so are the reasons they have chosen to invest. From energy leaders like ExxonMobil, the 12th largest company in the world by revenue according to Fortune 500’s global rankings, to Intralox, a conveyor belt manufacturer supporting production lines, companies across the globe count on Louisiana’s advantages: low business costs, competitive incentives, natural resources, superior infrastructure and logistics, and the best workforce training program in the country.

Jan 21, 2021

$52.5 Million

International Paper

0

New Direct Jobs

0

New Indirect Jobs

492

Retained Jobs

Parish: Washington | Region: Southeast

Jan 26, 2021

$45 Million

Shintech Louisiana, LLC

0

New Direct Jobs

0

New Indirect Jobs

265

Retained Jobs

Parish: West Baton Rouge | Region: Capital

Jan 26, 2021

$1.25 Billion

Shintech Louisiana, LLC

30

New Direct Jobs

129

New Indirect Jobs

265

Retained Jobs

Parish: Iberville | Region: Capital

Feb 24, 2021

$1 Million

Louisiana Fish Fry Products

5

New Direct Jobs

13

New Indirect Jobs

173

Retained Jobs

Parish: East Baton Rouge | Region: Capital

Feb 25, 2021

$500,000

Jackson Hardwood

5

New Direct Jobs

14

New Indirect Jobs

31

Retained Jobs

Parish: East Feliciana | Region: Capital

Mar 11, 2021

$1.3 Million

International-Matex Tank Terminals

42

New Direct Jobs

47

New Indirect Jobs

45

Retained Jobs

Parish: Orleans | Region: Southeast

Mar 19, 2021

< $1 Million

Turner Industries Group, LLC

0

New Direct Jobs

0

New Indirect Jobs

415

Retained Jobs

Parish: Iberia | Region: Acadiana

Apr 6, 2021

$48 Million

New Orleans Cold Storage

30

New Direct Jobs

34

New Indirect Jobs

105

Retained Jobs

Parish: Orleans | Region: Southeast

May 12, 2021

$157 Million

Weyerhaeuser Company

4

New Direct Jobs

12

New Indirect Jobs

119

Retained Jobs

Parish: Livingston | Region: Capital

Jun 3, 2021

< $1 Million

Swaybox Studios

6

New Direct Jobs

4

New Indirect Jobs

22

Retained Jobs

Parish: Jefferson | Region: Southeast

Jun 15, 2021

< $1 Million

Intralox, Inc.

40

New Direct Jobs

55

New Indirect Jobs

0

Retained Jobs

Parish: Jefferson | Region: Southeast

Jun 24, 2021

$550 Million

Chalmette Refining

20

New Direct Jobs

90

New Indirect Jobs

516

Retained Jobs

Parish: St. Bernard | Region: Southeast

Jun 30, 2021

$170 Million

BioLab

82

New Direct Jobs

231

New Indirect Jobs

19

Retained Jobs

Parish: Calcasieu | Region: Southwest

Jul 7, 2021

$13.3 Million

Continental Structural Plastics

33

New Direct Jobs

32

New Indirect Jobs

170

Retained Jobs

Parish: Webster | Region: Northwest

Aug 20, 2021

$42 Million

Coca-Cola Bottling Company

15

New Direct Jobs

27

New Indirect Jobs

558

Retained Jobs

Parish: East Baton Rouge | Region: Capital

Sep 13, 2021

$3.5 Million

Coastal Plains Meat Company

13

New Direct Jobs

21

New Indirect Jobs

19

Retained Jobs

Parish: St. Landry | Region: Acadiana

Oct 5, 2021

$1.5 Million

Premier Health

50

New Direct Jobs

7

New Indirect Jobs

500

Retained Jobs

Parish: East Baton Rouge | Region: Capital

Oct 14, 2021

$4.5 Billion

Air Products and Chemicals, Inc.

170

New Direct Jobs

413

New Indirect Jobs

334

Retained Jobs

Parish: Ascension | Region: Capital

Nov 4, 2021

$200,000

Big Easy Bucha

50

New Direct Jobs

119

New Indirect Jobs

47

Retained Jobs

Parish: Orleans | Region: Southeast

Nov 10, 2021

$12 Million

S&W Wholesale Foods, Inc

30

New Direct Jobs

45

New Indirect Jobs

76

Retained Jobs

Parish: Tangipahoa | Region: Southeast

Nov 18, 2021

$60 Million

Intralox, Inc.

425

New Direct Jobs

582

New Indirect Jobs

187

Retained Jobs

Parish: Tangipahoa | Region: Southeast

Dec 17, 2021

$98 Million

Ternium

35

New Direct Jobs

98

New Indirect Jobs

157

Retained Jobs

Parish: Caddo | Region: Northwest

2021 Project Expansions

$7.1 Billion

Capital investment

1,377

New direct jobs

2,259

New indirect jobs

9,780

Retained jobs