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Message
re: Another manufacturing company exiting Louisiana
Posted on 5/10/17 at 1:46 pm to Golfer
Posted on 5/10/17 at 1:46 pm to Golfer
quote:
If you're going to bring up economic development deals gone wrong, the XOM facility to Corpus Christi is a better example of LA's lack of investment in infrastructure, workforce training, etc.
Tell me this story. Is this recent?
Posted on 5/10/17 at 1:47 pm to Lakeboy7
quote:
All sleazy louisiana politicians, fits the narrative
FIFY
The poster just referenced the most public politicians. The problem with La politics is no one wants to step on toes and the corruption encompasses all houses and departments. The elected officials say one thing, but once they get to Baton Rouge it's all about special interests once they get a little grease on their palm. It's kind of like Southern Classic Chicken, once you get a taste you want some more even though you know you probably shouldn't.
Posted on 5/10/17 at 1:50 pm to jrodLSUke
quote:
The crazy thing is that everyone knows that companies are leaving because LA will not invest in infrastructure nor education. Those two things are getting worse every day, and there are no plans to reallocate tax revenues to these area.
La could allocate $20,000,000,000,000.53 to infastructure and education and nothing would change. The problem is not $$$ but our uninformed citizens electing piss poor politicians.
Posted on 5/10/17 at 1:51 pm to DupontsCircle
quote:
Tell me this story. Is this recent?
Yeah. Two or so weeks ago. Objectively, Corpus Christi makes better sense given the needs of the facility and its location vs. the site(s) in Louisiana. But it was a good wake-up call that at the end of the day infrastructure and workforce are #1 & #2 on these corporate expansion/relocation decisions.
LINK
Posted on 5/10/17 at 1:51 pm to Golfer
quote:
Company execs in Ft. Wayne knew they needed to consolidate HQ, mfg, & ops all under one roof.
this makes sense.
quote:
If you're going to bring up economic development deals gone wrong, the XOM facility to Corpus Christi is a better example of LA's lack of investment in infrastructure, workforce training, etc.
hasn't the state won on some in recent years though?
There is also something else to take into consideration. People willing to join the workforce. The O&G industry has caused our unemployment rate to rise but there will always be a segment of the population that will never work...I would say 3-3.5% in La.
Posted on 5/10/17 at 1:56 pm to Topwater Trout
quote:
this makes sense.
If you peel back the onion on these, you'll often see the reality of them. Good example of that where Louisiana "won" but thankfully didn't was the Hawker-Beechcraft plant at the BTR Airport. Hawker was bleeding, LA was a lifeline. Ultimately they were "forced" to stay in Kansas; bankruptcy filed just 20 or so months after they decide to remain.
quote:
hasn't the state won on some in recent years though?
Yeah. It's just more competitive. And a different set of demands from companies vs. 5-10 years ago.
quote:
There is also something else to take into consideration. People willing to join the workforce. The O&G industry has caused our unemployment rate to rise but there will always be a segment of the population that will never work...I would say 3-3.5% in La.
Eh, most say "full-employment" is around that mark. So I wouldn't worry about it too much.
Posted on 5/10/17 at 1:59 pm to Golfer
quote:
If you peel back the onion on these, you'll often see the reality of them. Good example of that where Louisiana "won" but thankfully didn't was the Hawker-Beechcraft plant at the BTR Airport. Hawker was bleeding, LA was a lifeline. Ultimately they were "forced" to stay in Kansas; bankruptcy filed just 20 or so months after they decide to remain.
Hawker would have been awesome for that region if it panned out. A labor-intensive durable goods manufacturing facility just a few minutes away from a couple of really good school districts. It would have really helped bolster the northern part of East Baton Rouge and probably would have helped generate revenue for the airport. May have even helped some of the retail in that immediate area.
IMO they really should try to get another similar manufacturer in that same spot.
If I'm not mistaken, the Beechcraft proposal was for their corporate offices too.
Hawker leaving Wichita would be like Harley Davidson leaving Milwaukee or General Motors leaving Detroit. It was a moon shot for Louisiana. Wichita's metro is smaller than Baton Rouge's by about 200,000 people, but it has been a major airplane manufacturing hub for a long time.
This post was edited on 5/10/17 at 2:04 pm
Posted on 5/10/17 at 2:01 pm to Golfer
I was surprised to see Indiana has an unemployment rate of 2.9%. When I think of Indiana I think dumb rednecks on meth
I am not sure how much infrastructure and education has to do with anything. I think out of state companies are looking to move to make better profits.
I am not sure how much infrastructure and education has to do with anything. I think out of state companies are looking to move to make better profits.
Posted on 5/10/17 at 2:04 pm to WeeWee
90% of that money wouldn't go to infrastructure and education
Posted on 5/10/17 at 2:04 pm to Topwater Trout
quote:
I was surprised to see Indiana has an unemployment rate of 2.9%. When I think of Indiana I think dumb rednecks on meth
Indianapolis is a surprisingly decent town. Their airport is fantastic. People seem reasonably friendly.
Posted on 5/10/17 at 2:08 pm to member12
quote:
If I'm not mistaken, the Beechcraft proposal was for their corporate offices too.
Nah. It was for about 1/2 of their mfg.
quote:
Hawker leaving Wichita would be like Harley Davidson leaving Milwaukee or General Motors leaving Detroit. It was a moon shot for Louisiana.
Nah. They were coming. I was in the room when they told BR it was a go. Really long story about what happened next. I'll share in a bit if I've got time.
Posted on 5/10/17 at 2:21 pm to Bob Sacamano
quote:
There are zero reasons to be in LA anymore
A shite load of chemical plant and refinery jobs say hello.
There are still some expansion and a few new builds in the pipeline so to speak.
Of course none of this has anything much to do with any La politicians doing anything good, just the waterways, pipelines, and rail lines in place combined with cheap natural gas to fuel this industry.
quote:
visit Nola for a good time
Not a great economy by any mean (and Mitch is trying to screw it up as fast as possible), but Nola has more going for it than just a redneck tourist trap as the perception is.
Posted on 5/10/17 at 2:23 pm to Golfer
So you're saying Broome isn't going to signal to new companies to relocate and pour investment in to Baton Rouge?
Posted on 5/10/17 at 2:28 pm to DupontsCircle
quote:
So you're saying Broome isn't going to signal to new companies to relocate and pour investment in to Baton Rouge?
Heh?
Posted on 5/10/17 at 2:37 pm to DupontsCircle
Only if they agree to move to N BR and donate a lot of money to the right people and charities
Posted on 5/10/17 at 2:48 pm to member12
quote:
Indianapolis is a surprisingly decent town
i meant rural Indiana...I shouldn't stereotype
Posted on 5/10/17 at 3:21 pm to jrodLSUke
Taxation and the legal environment have more an impact on where businesses locate than education and infrastructure.
Posted on 5/10/17 at 3:26 pm to shotcaller1
quote:
Y'all do it yourselves
Nailed it.
Louisiana's graft and good ole boy palm greasing culture is part of why it will always be a state with squandered and wasted potential. I love my home state and most of the people from there. But it's a fricked up place that I would NEVER start a business in and had to leave to reach my professional potential. It makes me sad.
Posted on 5/10/17 at 3:33 pm to notiger1997
Only the faces and hands extended change.
Posted on 5/10/17 at 3:46 pm to ihometiger
Edgar sez,
What kinda fruit said sumptom bad about Lewzianer.
What kinda fruit said sumptom bad about Lewzianer.

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