Could Monroe experience a dramatic comeback?
Posted 24 June 2009 - 10:35 PM
However, just on the heels of this wonderful announcement for northeast Louisiana, and the recent BusinessWeek.com article naming Shreveport-Bossier as number 15 on their list of the top 20 places to start over and find work, it was announced today that Shreveport's GM plant will be closing after all. The expected closure is planned for June 2012, if not sooner, according to The Shreveport Times. In recent weeks it was announced that Shreveport's GM plant would be staying open and expanding its Hummer H3 line, but now we know that this will not happen.
Posted 14 July 2009 - 08:33 PM
It angers me how these big auto companies promise whatever to get government support, and as soon as this happens, they announce thousands of layoffs... don't they and the politicians realize it is the taxpayers dollars, afterall, that they are handing out.
This is depressing news for SBC, but with other announced projects such as International Cyber Command Center coming on board, the area should hold its own.
Posted 27 July 2009 - 10:54 PM
Monroe making some waves again!
JPMorgan Chase & Co. to add 250 jobs in Monroe
JPMorgan Chase & Co. is adding 250 jobs at the company's mortgage records center in Monroe. Company spokesman Greg Hassell says hiring began during the middle of July and will conclude in early August. JPMorgan Chase is northeastern Louisiana's second-largest private employer.
After the expansion, the company will employ about 2,100 people in Ouachita Parish, including 1,150 at the mortgage serving center, 750 at the company's call center (also in Monroe) and about 200 at retail and commercial banking branches throughout the market
Posted 18 November 2009 - 02:09 PM
CenturyLink says it will keep its corporate headquarters in Monroe and add 350 jobs in Louisiana, following the telecommunication company's merger with Embarq. Gov. Bobby Jindal and CenturyLink officials made the announcement today. CenturyLink had been called CenturyTel before the merger this summer with Kansas-based Embarq. CenturyLink is the third largest local exchange telephone company in the U.S., and the state's third Fortune 500 company. CenturyLink has committed to increase its Louisiana workforce by at least 100 jobs in 2010, an additional 150 in 2011, and 50 in both 2012 and 2013, all with an average salary of at least $45,000 plus benefits. The jobs will stay on through at least 2019, the same period that CenturyLink has pledged to keep its headquarters in Monroe. The expansion is expected to lead to the creation of more than 520 new, permanent indirect jobs, Louisiana Economic Development officials say.
Posted 11 July 2012 - 12:07 PM
CenturyLink ready to grow...Technology-driven company plans major expansion
CenturyLink, one of Louisiana's brightest beacons of commerce, is about to grow even bigger at the company's Monroe headquarters on U.S. 165 North. The company announced Tuesday it will break ground on a 225,000-square-foot headquarters expansion in early 2013.
CenturyLink's building project was one of the commitments the company made last summer when it announced the company will create 800 local jobs by 2016. The expansion is expected to include technology research facilities as well as additional office and meeting space.
Posted 23 February 2015 - 10:26 PM
New 88 acre Master Planned Community to be anchored by IBM...on the northern edge of Monroe
CenturyLink gauging community for new development....Improving quality of life
It’ll be a city within a city, a development unlike anything seen in Ouachita Parish before.
An 88-acre parcel of land directly across from CenturyLink in Monroe will soon be the home of a thriving new lifestyle community developed by CenturyLink and Southern Lifestyle Development.
The proposed development will promote “smart growth” principles and include a complementary mix of residential, commercial and recreational uses.
Such communities typically include a mix of residential products from apartments and condominiums to cottages and estate homes, as well as commercial uses that range from professional office to lifestyle retail and restaurants, and recreational uses that include fitness and wellness centers, passive and active parks and walking paths.
Southern Lifestyle Development has developed a similar property in Lafayette called River Ranch, which is home to restaurants, banks, hotels, houses, condos and apartments. The Village of River Ranch was recently named one of America’s 14 best Urban Villages by Urban Land Institute in its publication Creating Great Town Centers and Urban Villages.
The announcement even got Gov. Bobby Jindal excited, saying the development will draw people from all over.
This is the latest chapter in the growth of CenturyLink from a sleepy local telephone company to a national powerhouse in the communications industry. And as the company grew, many worried that perhaps Monroe wouldn’t be big enough, that maybe CenturyLink would move to the “big city.”
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IBM building 400-job application development center in Monroe
Nearly two years after Armonk, N.Y.-based IBM made its 800-job technology services center official in Baton Rouge, the company announces it will increase its presence in Louisiana.
Officials Monday (Feb. 16) announced it will open a 400-job IBM Application Development and Innovation Center partnering with Monroe-based telecommunications company CenturyLink as part of a 10-year agreement with the state of Louisiana.
The IBM center in Monroe will anchor a new 88-acre, mixed-use development employing smart-growth principles and will include a complementary mix of residential, commercial and recreational uses. The new development will be located along U.S. Highway 165 directly across from CenturyLink's corporate headquarters. Following a competitive selection process
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