Pixomondo, the international visual effects studio, will open a new studio in Baton Rouge that will create 75 new direct jobs in film, TV and commercial production work. The company’s work won an Oscar at Sunday’s 84th Annual Academy Awards for visual effects, or VFX, in Hugo. Pixomondo will occupy more than 6,000 square feet [...]
Louisiana is landing a new plant to convert natural gas into liquid fuels and other petroleum based products. According to the Governors office the plant will be “one of the largest industrial projects in Louisiana history.” Sasol, the South African company building the plant, has a history converting coal and other non-crued feedstocks into gasoline and [...]
For the third straight year, Southern Business & Development magazine recognized Louisiana as State of the Year in the South, but in 2011 Louisiana stands alone as State of the Year after tying Tennessee in each of the two prior years. The good news comes after SB & D named three Louisiana cities, New Orleans, [...]
Today, Governor Jindal signed laws that enhance Louisiana’s Digital Interactive Media & Software tax credit, and enhance and extend the Technology Commercialization & Jobs tax credit. Senate Bill 123, authored by Sen. Daniel Martiny of Metairie, La., enhances the Digital Media Incentive by offering a refundable, rather than a transferable credit. The Digital Media tax [...]
Today, Gov. Jindal signed House Bill 597 into law, restarting the Angel Investor Tax Credit program. HUGE win for entrepreneurs and startups across Louisiana. The tax credit spurred the investment of $62 million in early-stage Louisiana companies from 2005 through 2009 and attracted more than 250 investors who helped 57 companies fund their operations. You [...]
Halliburton Senior Vice President Marc Edwards just announced that Halliburton will locate a new advanced manufacturing facility in Lafayette. The new facility will produce complex machined components for oilfield service operations with state-of-the-art manufacturing equipment. Edwards says Halliburton will invest nearly $65 million in the project, which will create 150 new direct jobs with an [...]
