baton rouge economic news: Business Relocation to the Baton Rouge Area - Trafigura
- 06/05/11 10:29 AM
The Baton Rouge area in general and Ascension Parish in particular has received some exciting job and economic growth news. Trafigura - which is an international commodity trading company - has elected to purchase an idled terminal in Burnside. This terminal will be used to ship coal, bauxite and alumina in and out of the US. It is expected that this purchase will create 100 permanent jobs for the Baton Rouge area. In addition, the company expects to create 200 construction jobs to get the terminal re-opened. In all, Trafigura is investing $130 million dollars in our community....$28 million to purchase … (1 comments)
baton rouge economic news: Baton Rouge Ranks High in Best Cities for College Graduates
- 06/05/11 10:01 AM
The Daily Beast has just released its annual survey of best US cities for college graduates and Baton Rouge placed 15th on the list! The rankings are based on affordable rents, inexpensive dining, salaries and employment prospects. Here are some of Baton Rouge's stats: - % of population aged 22 - 24 = 6% - % of housing available to rent = 32% - Unemployment rate = 8.2% - Per-capita personal income = $38,107 A key driver in the continued economic success of Baton Rouge will be to have an economy that provides great jobs for growing numbers of local college … (1 comments)
baton rouge economic news: Nucor Breaks Ground on New Plant in St. James Parish, Louisiana
- 03/07/11 07:47 AM
Nucor has announced that they have broken ground on their new Direct Reduced Iron (DRI) plant which is located in St. James Parish! This is the culmination of a multi-year process - both in permitting and land acquisition - and is a huge win for our area. Nucor has acquired about 4,000 acres along the Mississippi River as a home for their plant. They are anticipating spending $750,000,000 in building this first plant. If things go well - they hold permits that allow for 2 additional plants to be constructed. The construction phase of the project will create 500 jobs. Once … (1 comments)
baton rouge economic news: 2012 United States Bowling Congress Tournament Comes to Baton Rouge
- 03/03/11 01:20 AM
The 2012 United States Bowling Congress is coming to Baton Rouge starting February 11, 2012! This tournament was held in Baton Rouge in 2005 and the participants had such a great time, that they have decided to return. I know this doesn't come as much of a surprise to those of us who live here, but the hospitality and good times that were shown to this group are still being talked about. I was actually shocked that the size of this event and the number of visitors that it will bring to Baton Rouge. It is estimated that more than 100,000 … (1 comments)
baton rouge economic news: Baton Rouge Ranked #1 for Business Development
- 03/03/11 01:06 AM
Baton Rouge recently received some great economic development news. We have been ranked as the #1 metropolitan area in the country among cities between 200,000 & 1,000,000 for new and expanded corporate facilities by Site Selection! New & expanded corporate facilities as well as plant expansions were what powered this ranking. The Baton Rouge area reported 78 individual business expansion or relocation activities for 2010 which led the pack by a substantial margin. This should really help our economy continue to grow. Clearly all the new jobs created by this economic development will generate wages that will be used for food, … (2 comments)
baton rouge economic news: Ascension Parish - Fastest Growing Parish in Louisiana!
- 02/05/11 07:49 AM
According to the latest data released from the 2010 Census, Ascension Parish is the fastest growing parish in all of Louisiana - with a growth rate over the last 10 years of 40%! Ascension Parish is now the 14th largest parish in Louisiana. In terms of raw numbers there are now 107,215 people in the parish as compared with 76,627 in 2000. Ascension Parish is part of the 8 parish Baton Rouge metropolitan area (MSA). This is how the government groups the region together for purposes of counting among other things, population, housing and employment. With the release of the census … (0 comments)
baton rouge economic news: Livingston Parish Population Soars
- 02/04/11 06:32 AM
Numbers from the 2010 Census continue to be released and they are showing a population explosion in Livingston Parish. Livingston Parish grew by nearly 40% from 2000 - 2010, increasing the population from 91,814 to 128,026! The population growth was second only to an adjacent parish - Ascension. Livingston is now the 10th largest parish in Louisiana. Livingston Parish is part of the 8 parish Baton Rouge metropolitan area (MSA). This is how the government groups the region together for purposes of counting among other things, population, housing and employment. With the release of the census numbers, the Baton Rouge MSA's … (0 comments)
baton rouge economic news: Baton Rouge Creates New Branding Image
- 02/04/11 05:57 AM
The Baton Rouge Chamber of Commerce has announced a new branding initiative for Baton Rouge as the 'Creative Capital of the South'. To help support this launch - more than 60 local and regional business partners of the Chamber have agreed to use this branding/tagline with their own marketing efforts. The brand will highlight Baton Rouge's desire to become a haven for creative types - whether they are architects, software developers, tv & movie producers or high-tech entrepreneurs. I think this is a really smart move for Baton Rouge. Becoming a city and/or region that welcomes, supports, encourages and provides infrastructure … (0 comments)
baton rouge economic news: Baton Rouge Film Industry Generates Millions for Local Economy
- 02/03/11 02:45 AM
Who knew the film and television industry spent $800 million in Louisiana in 2010? And Baton Rouge captured a quarter of that total number....meaning that nearly $200 million was spent locally! The Baton Rouge Film Commission released a report on production spending and it contained some really interesting numbers. 2010 Facts: - $116 million in salaries for Baton Rouge workiers - 33,500 Baton Rouge hotel nights were booked - $66.7 million spent in filming Battleship - $65.5 million spent in filming Breaking Dawn - in excess of 100 film and television projects were filmed in Louisiana Baton Rouge and the State … (0 comments)
baton rouge economic news: Louisiana Added 26,500 Jobs in 2010
- 01/26/11 08:42 AM
The Louisiana Workforce Commission has released its year-end analysis of jobs and job growth for Louisiana in 2010 and the numbers look pretty good. Overall, the state of Louisiana added 26,500 jobs for the full year as private sector job growth more than offset a reduction in government sector positions. This lowered the unemployment rate for Louisiana to 8% in December (down from 8.2% in November). If you drill down a bit further into those numbers you can see how Baton Rouge was affected. The private sector added around 2,500 jobs during 2010 which helped to offset the continued, expected reduction … (0 comments)
baton rouge economic news: Fun Facts - Where the Baton Rouge Jobs Are
- 12/23/10 01:47 AM
The Louisiana Workforce Commission has released their November 2010 data on employment throughout the state. I blogged yesterday about how Baton Rouge's unemployment rate dropped from 8% down to 7.7% and how the unemployment rate dropped in all 8 metropolitan areas around the state! I thought I'd share some interesting numbers about the Baton Rouge workforce and the sectors where we are employed. The Commission has defined the Baton Rouge MSA as a grouping of the following 9 parishes: Ascension, East Baton Rouge, East Feliciana, Iberville, Livingston, Pointe Coupee, St. Helena, West Baton Rouge & West Feliciana. East Baton Rouge Parish … (0 comments)
baton rouge economic news: November Unemployment Rate Falls in Baton Rouge
- 12/22/10 07:17 AM
The unemployment rate actually fell in all 8 Louisiana metropolitan areas and for the state as a whole in November 2010. I have charted up the unemployment rate for each of those areas comparing the rate in October 2010 vs November 2010. Thanks to the Louisiana Workforce Commission for all the raw data. What these numbers show is a remarkably broad-based stabilization for employment across the entire state. This is a 1 month snapshot, but the trend lines look good. And in general terms, the state and its metropolitan areas have exhibited very steady job markets. As a point of measurement, … (0 comments)
baton rouge economic news: Baton Rouge Economy Ranks in Top 20 Performing Markets
- 12/17/10 01:30 AM
There's a report out from Brookings Institute that ranks the economic performance top 100 metropolitan areas in the US....and once again Baton Rouge is in the mix at the top of the list! This report is a December update - so it reflects what is actually happening right now on the ground across the US. Brookings looks at the top 100 metropolitan areas in the US - which account for 2/3 of the nation's jobs and 3/4 of the country's GDP. They then drill down and analyze 4 areas: - Percent employment change from peak quarter to 3rd quarter 2010 - … (0 comments)
baton rouge economic news: Lighthouse for the Blind Moving Jobs to Baton Rouge
- 12/15/10 10:01 AM
News broke today that the Lighthouse for the Blind is moving its manufacturing division to Baton Rouge from Mississippi. This is great news on many levels for the job sector in Baton Rouge. Its estimated that this relocation will generate around 100 manufacturing and related jobs and should create somewhere north of $4 million in tax revenues over the next ten years. While a number of these new jobs will be slotted for blind individuals, a significant number of these positions will go to sighted employees. Lighthouse produces paper products for use by the US Military. Its exciting for Baton Rouge … (0 comments)
baton rouge economic news: Exciting Job and Employment News in Baton Rouge
- 12/08/10 01:37 AM
It's been a good couple of days on the job & employment prospect front for Baton Rouge. Manpower has released the results of its private sector job survey and it shows Baton Rouge (along with Seattle and Milwaukee) at the very top of the hiring markets around the country. According to their survey the following industries are planning on adding jobs on Baton Rouge in 2011: manufacturing, construction, retail, professional & business services, financial services, transportation & utilities and restaurants & hotels. That's quite an impressive list! Coupled with that announcement was the news that another video gaming company is planning … (1 comments)
The Baton Rouge area in general and Ascension Parish in particular has received some exciting job and economic growth news.
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