Learn more about relocating or expanding to Louisiana

Louisiana business climate, manufacturer incentives, and advantages of LA communities

Relocate or Expand to Louisiana - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Louisiana business climate, manufacturer incentives, and advantages of LA communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Louisiana Business Data*

Louisiana

Population: 4,492,076
Total Labor Force: 2,093,000
Unemployment Rate: 4.9%
Number of Manufacturers: 4,642
Manufacturing Jobs: 174,408
Right to Work: Yes
Unemp. Ins. Tax: .116.2%
 
Corporate Income Tax:
Graduated: 4% on 1st $25,000; 5% on 2nd $25,000; 6% on next $50,000; 7% on next $100,000; 8% on net income over $200,000.

Sales Tax:
4%. Exemptions include: Manufacturing machinery & equipment.

Property Tax:
Levied annually by local and county authorities. No state property tax. 15% of assessed Fair Market Value of the company's capital assets and 10% of Fair Market Value of land. State offers 10-year 100% abatement for qualified companies.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
15% Chemicals and allied products
15% Industrial machinery and equipment
11% Fabricated metal products
10% Transportation equipment
10% Food and kindred products

Largest Manufacturing Establishments:
(by number of employees)
Ingalls Shipbuilding, Avondale Facility (Avondale) - 3,300
Dow Chemical Co., Louisiana Opers., The (Plaquemine) - 1,600
Oceaneering International, Inc. (Morgan City) - 1,550
CenturyLink, Inc. (Monroe) - 1,350
Exxon Mobil Refining & Supply (Baton Rouge) - 1,300
 
Counties with the Most Manufacturing Jobs:
Lafayette - 24,280
East Baton Rouge - 20,763
Jefferson - 16,598
Orleans - 14,545
Terrebonne - 14,292

Cities with the Most Manufacturing Jobs:
Baton Rouge - 18,728
New Orleans - 13,243
Houma - 12,823
Lafayette - 11,694
Shreveport - 11,258

Manufacturing Related Business Incentives:
Industrial Tax Exemption
Modernization Tax Credit
R & D Tax Credit
Restoration Tax Abatement
Economic Development Award Program
Enterprise Zones
Louisiana Fast Start (workforce development)




Looking to reach Louisiana manufacturers? Access the Louisiana Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/18/2014.

a service of Manufacturers' News, Inc. - directories & databases since 1912