Louisiana Ranks Top States for Doing Business
In “Top States for Doing Business 2014,” its annual survey of national site selectors, Area Development has ranked Louisiana in the Top 10 in multiple categories:
#6 Overall Top State for Business
#1 Incentive Programs
#2 Workforce Development Program
#3 Cooperative State Government
#3 Favorable Regulatory Environment
#3 Competitive Utility Rates
#4 Overall Business Environment
#4 Speed of Permitting
#5 Overall Cost of Doing Business
Area Development writes: [Louisiana] has combined a business-friendly approach with enduring advantages such as a highly productive and well-trained workforce and a modern transportation infrastructure. Since 2008, the state has secured projects that are creating more than 83,000 new direct and indirect jobs and more than $54 billion in new capital investment, along with hundreds of millions of dollars in new sales for Louisiana’s small businesses.
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