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Corporate Headquarters moving from Houston to Baton Rouge (~120 jobs)

Posted on 7/6/15 at 11:05 am
Posted by GeorgeReymond
Buckhead
Member since Jan 2013
10148 posts
Posted on 7/6/15 at 11:05 am
Brown & Root Announces Establishment Of Corporate Headquarters In Baton Rouge

quote:

BATON ROUGE, La. — Today, Gov. Bobby Jindal and Brown & Root CEO Andy Dupuy announced the company will establish its corporate headquarters in Baton Rouge, with the Brown & Root executive team moving from Houston to Baton Rouge. From its Louisiana headquarters, Brown & Root will oversee global operations with more than 6,000 employees. Brown & Root operations will include newly acquired Wink Engineering (formerly Willbros Group downstream engineering assets) and its 325 Louisiana employees in Baton Rouge, Mandeville and St. Rose, near New Orleans. The Brown & Root corporate headquarters, to be located at Citiplace on Corporate Boulevard, will bring 25 executives to Baton Rouge by the end of 2015, followed by an additional 25 executives by the end of 2016, for a total of 50 new direct jobs averaging $192,000 per year, plus benefits. Louisiana Economic Development estimates an additional 72 new indirect jobs will result from the corporate operations, for a total of more than 120 new jobs associated with the Baton Rouge headquarters. Brown & Root will create another 550 industrial jobs in Louisiana over the next decade, for a total of 925 Brown & Root jobs in Louisiana, in addition to the company’s thousands of employees deployed at branch offices and project sites worldwide.


LINK

Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 7/6/15 at 11:06 am to
at what cost?
Posted by Lake Vegas Tiger
Lake Vegas
Member since Jun 2014
3247 posts
Posted on 7/6/15 at 11:06 am to
how much will the taxpayers be footing for this
Posted by theronswanson
House built with my hands
Member since Feb 2012
2976 posts
Posted on 7/6/15 at 11:07 am to
Great, more commuters.
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79026 posts
Posted on 7/6/15 at 11:07 am to
A dark day for Houston to be sure. Hope they'll be back on their feet soon.
Posted by The Pirate King
Pangu
Member since May 2014
57457 posts
Posted on 7/6/15 at 11:07 am to
Damn those poor corporate guys. Houston -> BR

I'd take less money to live in Houston.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134817 posts
Posted on 7/6/15 at 11:07 am to
I'd like to see how much this cost us.
Posted by GeorgeReymond
Buckhead
Member since Jan 2013
10148 posts
Posted on 7/6/15 at 11:08 am to
Some information is in the link:

quote:

LED began discussing the corporate headquarters project with the company in May 2015. To secure the project, the State of Louisiana offered Brown & Root a competitive incentive package that includes a performance-based $1.8 million performance-based grant to reimburse relocation costs and to provide lease support for the corporate headquarters. The company also will receive the comprehensive solutions of LED FastStart®, ranked the nation’s No. 1 state workforce development program. In addition, Brown & Root is expected to utilize the state’s Quality Jobs Program.
Posted by GeorgeReymond
Buckhead
Member since Jan 2013
10148 posts
Posted on 7/6/15 at 11:08 am to
Posted by WillyLoman
On Island Time
Member since Dec 2007
1719 posts
Posted on 7/6/15 at 11:10 am to
quote:

Brown & Root CEO Andy Dupuy


I believe he is originally from Baton Rouge.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18889 posts
Posted on 7/6/15 at 11:10 am to
quote:

to provide lease support for the corporate headquarters


Motherfrick. Would you guys mind paying the rent on my office space too?
Posted by Agforlife
Somewhere in the Brazos Valley
Member since Nov 2012
20102 posts
Posted on 7/6/15 at 11:10 am to
Oh my, what will Houston do?




Eta Petti beat me to it
This post was edited on 7/6/15 at 11:11 am
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 7/6/15 at 11:11 am to
So we are paying them a few million to move 50 executives here, from Houston.


Posted by dj30
New Orleans
Member since Feb 2006
28710 posts
Posted on 7/6/15 at 11:11 am to
I would quit if I had to leave Houston for BR.
Posted by foj1981
Baton Rouge
Member since Nov 2013
3735 posts
Posted on 7/6/15 at 11:15 am to
Andy Dupuy is from Brusly originally. Lived he BR since. Great guy
Posted by VetteGuy
Member since Feb 2008
27998 posts
Posted on 7/6/15 at 11:18 am to
quote:

A dark day for Houston to be sure. Hope they'll be back on their feet soon.


The Decline is Real™
Posted by TheDiesel
Phoenix
Member since Feb 2010
2608 posts
Posted on 7/6/15 at 11:19 am to
Posted by GeorgeReymond
Buckhead
Member since Jan 2013
10148 posts
Posted on 7/6/15 at 11:20 am to
Where they'll nearly pump 10 million/year into the economy; increasing tax revenues.

This also doesn't include the creation of 500~ industrial jobs in Louisiana
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 7/6/15 at 11:23 am to
quote:

So we are paying them a few million to move 50 executives here, from Houston.



I hate Jindal, but the ROI on this will be very solid for Louisiana.
Posted by VernonPLSUfan
Leesville, La.
Member since Sep 2007
15804 posts
Posted on 7/6/15 at 11:27 am to
Well, you know what this means. Top Golf coming to B.R. baby!
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