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Baton Rouge Growth and Development


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Employee pool is fine when it comes to plants. Upper white collar jobs? Yes there is a deficit. But plants, no, we are fine.

Oh we have a leg up in the industry as far as plants, but I'm hoping we can attract a variety of companies. Such as GE opening up shop in New Orleans. Hopefully this will lead to Louisiana keeping more of our college graduates!

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Traffic, roads, crime, and educational systems will keep any fortune 500 from relocating here.

Funny, by that logic, earthquakes, ungodly high taxes would keep companies from California.

High taxes and unions would keep companies out of NY.

Point is, if a company can make/sell/keep its profit by coming to Louisiana it will. Redoing the tax code is Jindal's attempt at that.

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Funny, by that logic, earthquakes, ungodly high taxes would keep companies from California.

High taxes and unions would keep companies out of NY.

Point is, if a company can make/sell/keep its profit by coming to Louisiana it will. Redoing the tax code is Jindal's attempt at that.

 

He is right. The thing is, California and New York have a much more diverse and capable pool of employees from which to chose.

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I disagree. If the Governor gets his way with the Income Tax and with the slew of new plants scheduled to be announced in 2013, I can easily see a company relocating their HQ to Louisiana. 2013 is going to be a great year for businesses setting up shop in the state.

I'm afraid that the massive growth we'll see in industrial and tech expansion won't translate to white collar jobs or HQ locations.

Antrell is right....and some folks at the capitol seem to understand. Our proximity to Houston and Dallas is hurting us. Texas is forcing our hand. We've got to revamp corporate income taxes.

It is going to be painful getting this through the legislature- especially when revenue is hard to come by. It's impossible to sell a package that replaces corporate taxes with sales or property taxes to someone from Bunkie or West Monroe who likely won't see the all of the benefit of more corporate jobs

Edited by cajun
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Fleeing California yes, New York is on the up. Thing is, that's why those companies went to California in the first place. We currently lack good schools and have terrible crime.

Everything I've read points to New York's complacency in this area for the past 30 years...and California. They are addressing their problems, but the momentum is against them now.

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Texas isn't forcing anything. You have to adjust the tax structure if you want to lure business. It's that simple.

They kind of are.

If they were not so competitive this conversation wouldn't be happening. If they had the same tax structure as Georgia or Alabama none of this would matter.

Edited by cajun
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B.R., N.O. tech firms merging

Baton Rouge-based Antares Technology Solutions announced today that it's merging with e-Gov Systems, which is headquartered in New Orleans and specializes in cloud-based sales tax return and remittance solutions. The merged firms will retain their individual brand names but will shift all corporate headquarters to Baton Rouge and retain offices in New Orleans. The entire staffs of both companies, which collectively equal about 50 employees, will be retained. Founded in 1988, ATS is a provider of custom software applications and IT consulting to government and business clients in Baton Rouge and New Orleans. ATS says the merger will help accelerate growth of the combined firm. "e-Gov Systems has positioned itself to rapidly expand its national, state, and local tax management footprint," says Ezra Hodge, CEO of Ram Ware, the umbrella company that was used for the merger. "Similarly, the software development expertise of Antares Technology Solutions is increasingly being sought on the national level. Combining the expertise and resources of the two companies strategically positions us for rapid growth." The move will have no impact on customer relationships, as all products and services will continue to be offered. More details on the merger can be found here.



Businessreport.com

 

 

 

                 
 

Commercial construction under way at Willow Grove     

The original TND of Baton Rouge, The Settlement at Willow Grove, broke ground today on its commercial section: The Village at Willow Grove. The Village has two buildings under construction that will include space for retail, office and residential developments. "Our parking lots are all in," says developer Richard Carmouche. "Hopefully we can make it before the end of the year." The three-story buildings will measure 15,000 and 20,000 square feet, respectively. They front The Settlement off Perkins Road—between Bluebonnet Boulevard and Siegen Lane—and are the first of six buildings in the plan for The Village, Carmouche says. While he says it's too early to reveal any tenants, Carmouche says at least one restaurant has verbally committed, which indicates that businesses are exploring new locations in Baton Rouge. "We started this before the recession," Carmouche says of The Settlement, adding that speculative building in the Capital Region is getting back to where it was before the downturn. "The banks are back on board." At the same time, The Settlement made a new filing last week and has already sold 38 of the 48 lots that were available. "And these are high-end lots," says Carmouche, with entry points starting at more than $500,000 and going up to about $1 million. About 150 homes are currently occupied in The Settlement. —Adam Pearson



Businessreport.com
Edited by steve3n8
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http://www.nola.com/business/baton-rouge/index.ssf/2013/03/baton_rouges_young_entrepreneu.html

Interesting article. Hopefully Baton Rouge can continue to attract and retain open minded and ambitious young people. That's the only way the city will ever live up to the great potential it possesses.

I started my business,Tiger Deaux-nuts in Baton Rouge for EXACTLY the reasons listed in this article. As a matter of fact, the author may have quoted me many times without realizing it! Thanks you very much for sharing!

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Walmart Supercenter put out to bid  

    

Wal-Mart Corp. is moving forward with its plans for the long-awaited Walmart Supercenter on Bluebonnet Boulevard and Burbank Drive. According to a Data Fax report obtained by Daily Report, the Bentonville, Ark.-based corporation is putting the 160,000-square foot project out to bid on Tuesday, March 12. According to the report, the estimated cost of construction is $7 million, and three pre-qualified contractors are invited to bid: Clark Construction of McComb, Miss.; Crossland Construction of Columbus, Kan.; and Ewing Construction Co. of Corpus Christi, Texas. The total cost of the project—which was announced in 2008 but tabled for several years after the financial crisis began—is more than $11 million. A spokesman for Wal-Mart previously said the store is scheduled to open in mid-2014. The Walmart Supercenter is the latest of several developments in the burgeoning area. Last fall, RaceTrac Petroleum acquired an 80,000-square-foot site directly across from the Walmart site and will open a gas station and convenience store later this spring. Nearby, developer Mike Wampold is getting ready to break ground on the first phase of Harveston, a mixed-use development that will bring housing, retail, offices and nature trails to 1,470 acres on Bluebonnet Boulevard and Nicholson Drive. —Stephanie Riegel

Businessreport.com

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$150M petrochemical products facility to be built in Baton Rouge

Katoen Natie USA announced plans today to build a $150 million plastics storage, custom packaging and distribution facility for producers of petrochemical products in Baton Rouge. To announce the project, Gov. Bobby Jindal joined company officials, who say it will create 210 new direct jobs and 561 indirect jobs. Another 150 jobs in construction are forecast to be created by the development of the complex, whose 2 million square feet will be situated on a 127-acre site off Scenic Highway, just north of the Capital City. CRA Engineering Group of Baton Rouge is designing the complex, which will include an extensive rail yard and 6-acre detention pond, officials say. Katoen Natie—which is headquartered in Belgium but bases its U.S. operations out of Houston—expects to complete the first phase of construction by the end of the year. The entire facility, however, is not expected to be complete until 2018. "This state-of-the-art facility will help absorb the increasing production capacity of our customers, which is in relation to the shale gas growth in the U.S.," says Frank Vingerhoets, Katoen Natie’s president of petrochemicals in North America. "The cooperation with the local authorities has been great, and their efforts have contributed to our decision to invest in the Baton Rouge area." State officials say they began working with Katoen Natie on the new project in February 2012. The company is expected to utilize Louisiana’s Quality Jobs and Industrial Tax Exemption incentives, as well as the LED FastStart workforce development program. You can find more details on today’s announcement at the governor’s website here.

Read more from Business Report here: http://businessreport.com/section/daily-reportPM#ixzz2MnXzsYQY

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