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Started By
Message
re: Corporate Headquarters moving from Houston to Baton Rouge (~120 jobs)
Posted on 7/6/15 at 1:25 pm to jrodLSUke
Posted on 7/6/15 at 1:25 pm to jrodLSUke
quote:
the Gov keeps on working to improve LAs economy.
not sure the tax monies being given to these companies is offset by the money they spend here. None of the other boondoggles have been effective.
0
Posted on 7/6/15 at 1:25 pm to GeorgeReymond
quote:
50 new direct jobs averaging $192,000 per year, plus benefits.
Posted on 7/6/15 at 1:34 pm to Golfer
quote:
Do you think Texas doesn't offer incentives for corporate re-locations?
No Jindal is just giving Louisiana away while LSU goes bankrupt. We need to be more like Texas. Rabble Rabble Jindal Rabble Rabble
quote:LINK
exas offered Toyota $40 million to move, part of a Texas Enterprise Fund incentive program run out of the governor's office. At $10,000 a job, it was one of the largest incentives handed out in the decade-old program and cost more per job created than any other large award. Last year, Texas spent about $6,800 to lure each of 1,700 Chevron Corp. positions to Houston and $5,800 for each of 3,600 Apple Inc. jobs shifted to Austin.
Texas pays Toyota $10,000/job and nobody says a word.
quote:LINK
The new global headquarters for Brown & Root will be located at 2600 Citiplace Dr. on Corporate Boulevard. The company is expected to bring a total of 925 jobs in Louisiana over the next decade.
"Louisiana's talent in the industrial services sector ranks second to none, and this major headquarters announcement demonstrates what we know so well: Louisiana offers the best business climate, workforce talent and infrastructure assets in the world when it comes to building the future," said Gov. Bobby Jindal in a statement. "We welcome Brown & Root to Baton Rouge, and we're proud that this venture will create hundreds of great new jobs for families in our capital and throughout the state of Louisiana."
To secure the project, Louisiana offered Brown & Root a tax incentive package which included a $1.8 million grant to reimburse relocation costs and lease support for the corporate headquarters. Brown & Root will also receive help from LED's FastStart workforce development program and the state's Quality Jobs PRogram.
$1,800,000/925jobs = $1,945.95/job and the anti-Jindal ppl are shitting themselves. Only in a state filled with plant workers and swamp hicks do we criticize progress.
This post was edited on 7/6/15 at 1:41 pm
Posted on 7/6/15 at 1:37 pm to GeorgeReymond
quote:
$1.8 million performance-based grant to reimburse relocation costs and to provide lease support for the corporate headquarters.
quote:
performance-based $1.8 million performance-based grant
But will it be performance-based?
This post was edited on 7/6/15 at 1:38 pm
Posted on 7/6/15 at 1:37 pm to quail man
quote:
well it's pretty difficult at this point to make it any worse than he's already done
It's like you guys have no clue what Louisiana was like under previous regimes.
Posted on 7/6/15 at 1:39 pm to WeeWee
quote:
No Jindal is just giving Louisiana away while LSU goes bankrupt. We need to be more like Texas. Rabble Rabble Jindal Rabble Rabble
Sadly, this game of tax breaks for corporate relocations is played all over the country. Louisiana just gets more to show for it than most.
Posted on 7/6/15 at 1:49 pm to GeorgeReymond
Can we give the corporation back to Houston in exchange for one of their loops?
Posted on 7/6/15 at 2:05 pm to EarthwormJim
quote:
Wonder what this means for CB&I staying in BR.
CB&I had a bunch of RIFs in Baton Rouge today. I wonder what happened to the money they received 18 months ago or so for bringing all kinds of full time jobs to LA?
Posted on 7/6/15 at 2:08 pm to GeorgeReymond
I thought this would be about Rodan & Fields. All the former sorostitutes on my FB involved in this pyramid schemes have been dropping hints about a "big announcement"
Posted on 7/6/15 at 2:14 pm to dreww221
quote:
I wonder what happened to the money they received 18 months ago or so for bringing all kinds of full time jobs to LA?
You realize they don't just write them a check and hand it over...
Posted on 7/6/15 at 2:27 pm to WeeWee
quote:
LINK
$1,800,000/925jobs = $1,945.95/job and the anti-Jindal ppl are shitting themselves. Only in a state filled with plant workers and swamp hicks do we criticize progress.
Your math is pure shite.
This particular transaction is for 50 jobs. They mentioned all those other jobs because it's a press release. The state will have to buy those separately.
So that's $36k per job and then you conveniently forgot to count the money they get from the Quality Jobs program which is another million (15k+ per job) easily with potentially more perks that we aren't privy to. Executive privilege, and all.
Posted on 7/6/15 at 2:32 pm to Asgard Device
The rich get richer under GOP government. Don't worry though, yours is coming. Vitter will be different.
Posted on 7/6/15 at 2:33 pm to Loveland Tiger
quote:
Don't worry though, yours is coming.
Yeah we're all just sitting here waiting for our handout you Communist prick.
Posted on 7/6/15 at 2:36 pm to LSUTigersVCURams
quote:
Yeah we're all just sitting here waiting for our handout you Communist prick.
No, not handout, silly. Your tide.
Posted on 7/6/15 at 2:44 pm to Loveland Tiger
quote:
The rich get richer under GOP government. Don't worry though, yours is coming. Vitter will be different.
which helps everyone else.
or we could look to the shining beacons of lasting Democrat rule like Detroit and Baltimore
Posted on 7/6/15 at 3:01 pm to WeeWee
quote:
Can we give the corporation back to Houston in exchange for one of their loops?
You can have the god awful 610 Loop, especially the stretch at the Galleria.
Posted on 7/6/15 at 3:25 pm to Asgard Device
quote:
Your math is pure shite.
This particular transaction is for 50 jobs. They mentioned all those other jobs because it's a press release. The state will have to buy those separately.
How do you know the state will have to buy those jobs? Nothing in the article says anything about having to increase the payout for more jobs.
Even if the $1.8million was for the just 50 jobs. Those jobs average almost $192,000/yr.
Like I said earlier, only in Louisiana ppl would bitch and whine so much about progress.
Posted on 7/12/15 at 4:18 pm to quail man
quote:
well it's pretty difficult at this point to make it any worse than he's already done
Yeah, he's really wrecked the state economy, genius.
Posted on 7/12/15 at 5:05 pm to GeorgeReymond
Don't book it yet about 75% of what this administration announces never happens.
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