Military's economic impact in Louisiana totals over $7 billion
Posted on 1/22/2018 12:36:00 PM.
A Business Development Advisors study shows military related spending in Louisiana accounts for $7.7 billion in economic output and 77-thousand military related jobs. That includes the seven military bases and the Louisiana National Guard. Louisiana Economic Development Secretary Don Pierson says there is a forgotten group that helps to add to the economy, 27-thousand military retirees.
military spending, Barksdale, Don Pierson, Fort Polk

Tom Hanks to star in World War II film to be filmed in Baton Rouge
Posted on 12/12/2017 10:06:00 AM.

Two time Academy Award winner Tom Hanks is coming to Baton Rouge early next year to star in a World War Two era film entitled “Greyhound”. Louisiana Economic Development Secretary Don Pierson says it will employ over 250 persons in Baton Rouge.

"It's going to do every bit of that and their forecast is to spend more than 29 million dollars here in Louisiana.  It makes for a nice day, that's for sure." 
Pre-production started this week and crews are expected to film aboard the USS Kidd on the Mississippi River and other Baton Rouge locations next March. Pierson says filming in Louisiana has seen a downturn in recent years, but remains confident the state's reformed film tax incentive program will bring more filmmakers to Louisiana.
"To see the Legislature stand up and renew the program, improve the program and then for us to roll that dock out and say hey competition is has not gone away.  We're here and we're strong."
Governor Edwards signed into law last summer several enhancements to Louisiana’s film incentive program providing a five percent tax credit for any films produced outside of New Orleans. Pierson says this movie production is just the beginning of great incentives for Hollywood to consider Louisiana. 
"The incentive package if you shoot beyond the New Orleans area, you get an additional five percent.  That's going to be very helpful going forward for Lafayette, Shreveport and definitely Baton Rouge."  
Tom Hanks, movie production, Don Pierson

North Louisiana paper mill announces plans to enhance facility, saving 400 jobs
Posted on 10/18/2017 4:31:00 PM.
A Jackson Parish paper mill will continue to play a vital role in north Louisiana's economy. WestRock will perform a 200-million-dollar expansion, saving about 400 jobs at the mill in Hodge and another 3,700 indirect jobs. State Economic Development Secretary Don Pierson says it's a big economic development win.
WestRock, Jackson Parish, Hodge, Don Pierson

Veterans encouraged to enroll in boot camp to learn business skills
Posted on 10/17/2017 3:00:00 AM.

The first class of the Louisiana Veteran Entrepreneurship Program has started training military vets to run their own business. State Economic Development Secretary Don Pierson says the class helps veterans wanting to go into business, by taking online classes and boot camp training on the LSU campus.

veterans, lsu, Don Pierson,

Area Development ranks Louisiana No. 5 in Top States for Doing Business survey
Posted on 9/14/2017 2:06:00 AM.
Louisiana remains one of the most business-friendly states in the nation, ranking No. 5 in Area Development magazine’s annual Top States for Doing Business survey. LED Secretary Don Pierson says this is a great third party endorsement they can reference to show that Louisiana is a great place to do business, for many reasons.
Don Pierson, Louisaina Economic Development, FAST START, Area Development

Louisiana could be contender for new Amazon headquarters
Posted on 9/8/2017 11:00:00 AM.

Amazon seeks a location for a new corporate headquarters, as the online mega retailer plans to open a second corporate location. State Economic Development Secretary Don Pierson says Louisiana has a lot of strengths to offer should we throw our hat in the ring, and its likely we will.

Don Pierson, LED, Amazon,

LED's FastStart named best workforce training program
Posted on 7/24/2017 2:22:00 AM.

Louisiana’s FastStart workforce training program has been named the best in the nation by Business Facilities magazine for a record eight years in a row. Louisiana Economic Development Secretary Don Pierson says this can help LED bring more companies to the Bayou State.

Don Pierson, LED, Fast Start, economic development

LED creates business startup program for military veterans
Posted on 5/26/2017 11:45:00 AM.

Louisiana Economic Development, along with several partners, has created a business startup program for military veterans. LED Secretary Don Pierson says many soldiers have a desire to start a small business once returning home.

He says the idea for the Louisiana Veteran Entrepreneurship Program came after hearing LSU’s Baton Rouge campus was helping disabled veterans in a similar way.
LED, Don Pierson, Louisiana Veteran Entrepreneurship Program

Chinese chemical company announces plans for chemical plant to be built in Louisiana
Posted on 4/11/2017 3:17:00 AM.

A Chinese chemical company chooses Louisiana over Texas to build a 1.1 billion dollar manufacturing complex. State Economic Development Secretary Don Pierson says this announcement will help Louisiana grow as a global leader in chemical manufacturing and he says the project by Wanhua Chemical Group will bring 170 new direct jobs to the state.

Wanhua Chemical Group, Don Pierson, LED

LED announces Lotte Chemical moves from Houston to Lake Charles
Posted on 4/7/2017 5:33:00 AM.

Louisiana Economic Development announces Lotte Chemical is moving their headquarters from Houston to Lake Charles. LED Secretary Don Pierson says Lotte already has a chemical plant under construction at the junction of Interstates 10 and 210. He says this is a big win for the Bayou State.

Don Pierson, LED, Lotte Chemical, Lake Charles

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