Bourgeois: SpaceX Investment Could Push Lafayette Past New Orleans, Baton Rouge
Louisiana officials are betting that SpaceX's new Starbase Louisiana facility in Vermilion Parish will do more than launch rockets, it may fundamentally reshape where people in this state choose to live. Louisiana Economic Development Secretary Susan Bourgeois says the $100 billion project could push the Lafayette metro area past both New Orleans and Baton Rouge to become the state's largest population center within the next decade or so, a claim she acknowledges sounds bold
4 days ago3 min read
Private Equity Isn't a Threat to Louisiana Business, It's Proof the State Finally Has Capital
Every time a local company gets bought by a private equity firm, the reaction in Louisiana tends to run the same direction: worry. Another headquarters moves out of state, another boardroom stops being local, another piece of Louisiana's economy answers to someone in Houston or New York instead of Baton Rouge or Metairie. The recent sale of Livingston-based Epic Piping to a Houston firm, the third deal like it in south Louisiana in a single month, has renewed that anxiety. Bu
Aug 183 min read
Louisiana Closes In on $200 Billion as Investment Keeps Landing Statewide
Louisiana's economic development officials aren't just touting another good year. They're describing a trajectory that keeps bending upward, and the newest numbers back it up. The state has now secured more than $150 billion in corporate investment and roughly 16,000 new jobs in recent years, according to Louisiana Economic Development, with Secretary Susan Bourgeois telling reporters she expects the total to cross $200 billion within months. What stands out isn't just the si
Jul 282 min read
