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Louisiana earns Gold Shovel Award for economic development
Posted on 6/19/26 at 4:00 pm
Posted on 6/19/26 at 4:00 pm
Great for Louisiana, with a diverse range of developments. Especially with the SpaceX rumors as well 
LINK
LINK
quote:
Economic development trade publication Area Development has honored Louisiana with the 2026 Gold Shovel Award—the third straight year it has earned the recognition.
The publication uses an independent panel of economic development experts to evaluate the top 10 business development and business expansion projects in all 50 states.
The awards are based on project data submitted by state economic development agencies, along with Area Development’s own research and data. Projects are evaluated on factors including job creation, capital investment, industry diversity and how well they align with a state’s broader economic development strategy. Area Development reviews each submission for accuracy, credibility and completeness before including it in the rankings.
Projects submitted by Louisiana represented more than $46.1 billion in capital investment and 6,613 new direct jobs.
Venture Global’s $18 billion, 275-job LNG facility in Port Sulphur topped Louisiana’s list of qualified projects. Also included were Woodside Energy’s $17.5 billion LNG facility in Lake Charles and a pair of Ascension Parish projects: the $5.8 billion Hyundai-POSCO Louisiana Steel facility and CF Industries’ $2 billion project.
This post was edited on 6/19/26 at 4:04 pm
6
Posted on 6/19/26 at 4:03 pm to GeorgeReymond
Great news 
Posted on 6/19/26 at 4:04 pm to GeorgeReymond
No Bucees. List is crap. 
Posted on 6/19/26 at 4:05 pm to GeorgeReymond
What is SLB building in Shreveport?
Posted on 6/19/26 at 4:09 pm to GREENHEAD22
Believe they're just expanding their operations
LINK
LINK
quote:
The investment will include the addition of new manufacturing space at the company’s existing technology center at 7600 Antoine Blvd., supporting increased production of digital infrastructure and data center equipment. Operations are scheduled to begin in 2027.
Posted on 6/19/26 at 4:09 pm to GeorgeReymond
Posted on 6/19/26 at 4:10 pm to GeorgeReymond
What about Meta in N. Louisiana
Posted on 6/19/26 at 4:12 pm to stout
Cheap land, cheap power, easily bought politicians. Checks out.
Posted on 6/19/26 at 4:21 pm to jasonbr1975
The Meta project is not expected to create a large number of direct jobs, but the indirect economic impact has already been significant. I've seen a lot of reports of local businesses experiencing a surge in demand from construction crews, increased hotel occupancy, record activity for real estate agents in Monroe, and expansion projects by local suppliers and service providers. And that's before considering the additional economic impact from the Entergy buildout supporting the project.
eta: Probably around 1,000 or so indirect jobs will be created with the project which is awesome for that part of the state.
eta: Probably around 1,000 or so indirect jobs will be created with the project which is awesome for that part of the state.
This post was edited on 6/19/26 at 4:42 pm
Posted on 6/19/26 at 4:33 pm to GeorgeReymond
Good luck getting 1300 people to live in Franklin or Donaldsonville
Posted on 6/19/26 at 4:42 pm to GeorgeReymond
7000 are working on the site now.
Posted on 6/19/26 at 5:02 pm to Cosmo
Why? They're like every other small arse town across the country. I see it as great opportunities to breathe new life (+capital) into the area. They're cool little communities
Posted on 6/19/26 at 5:36 pm to GeorgeReymond
Franklin is great. Donaldsonville is long lost…losing population and it’s almost 80% black
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