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Posted on 2/18/12 at 12:50 pm to
Posted by JWS3
Baton Rouge
Member since Jun 2008
2502 posts
Posted on 2/18/12 at 12:50 pm to
quote:

They're attributing their decision to the financial incentives and that gives me pause. I'm reminded of Boeing in Lake Charles where the state put up almost $50 million for 1600 jobs and the company pulled out four years later leaving them holding the bag.


The initial business startup is often a catalyst, Boeing left because their Airforce contracts expired, but the facilitys have been in almost continuous operation since they left. They developed infrastructure and trained a workforce which remained and has been used by other aerospace maintenance providers including a French company that provides maintenance for Airbus, it has been a net positive for the area.
Posted by DandyPimp
New Orleans
Member since Jan 2007
1091 posts
Posted on 2/18/12 at 10:21 pm to
I have been tracking this deal for the past couple of months. Big props to our local economic development officials especially Michael Hecht with gno inc. believe me GE did an incredible amount of due diligence. It's amazing how many "deals" Louisiana is in on right now, Especially in corporate hq and major corporate offices for fortune 500 companies.

As stated here, crime and education remain huge issues, although we are really starting to turn the corner on workforce. Key to their success has been selling the positive facets of our lifestyle here rather than trying to minimize the weaknesses.
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