A Global Leader
Acadiana’s stretch of highway 90, also known as America’s Energy corridor is dominated by hundreds of companies supporting the oil and gas industry. Over 80 percent of offshore oil rigs are located off the coast, offering a tremendous opportunity for companies manufacturing products or delivering services to the energy industry.
Significant investments in Acadiana include:
Acadiana values its energy industry, and will align state and local resources to provide customized incentive packages for businesses looking to grow.
A few standard incentives are outlined below:
Industrial Tax Exemption Program
Provides a 100% property tax abatement for an initial five-year term with an option for a five-year renewal on manufacturer’s qualifying capital investments.
Quality Jobs Rebate
Digital Interactive Media and Software Development Incentive
You can find a full list of standard incentives by visiting our incentives page:
A right-to-work state for more than three decades, Louisiana ranks in the Top 10 for lowest rates of private workforce unionization. It is also home to LED FastStart, the nation’s No. 1 state workforce development program, which creates customized workforce recruitment, screening, and training solutions. A number of Louisiana universities have specific programs and research strengths related to the energy industry and graduate new chemical engineers each semester.
University of Louisiana at Lafayette
Louisiana State University
Marine Safety Center, Morgan City
Learn more about our capable workforce:
Access and Infrastructure
Acadiana is a prime location for your business. A logistical hub, the region is strategically located at the intersection of Interstates 10 and 49. It provides access to 38 interior states via the Mississippi River and countless international markets via the Gulf of Mexico. Within the Acadiana region alone are: TWO commercial airports, THREE Class I rail systems, FIVE coastal ports, and TWO inland ports.
A Better Bottom Line
- No. 4: Lowest Industrial Electricity Rate – U.S. Energy Information Administration, EIA
- No. 1: Workforce Training Program – Business Facilities
- No. 7: Best Cost of Doing Business – Business Facilities
- No. 4: Favorable Regulatory Environment – Area Development