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Expand or Relocate to Louisiana
      

Louisiana Business Data

Relocate or Expand to Louisiana

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

Business Data for Louisiana


Population
4,492,076

Total Labor Force
2,083,447

Unemployment Rate
5.1%

# Manufacturers
4,264

Manufacturing Jobs
161,998

Right to Work
Yes

Unemp. Insurance Tax
.11–6.2%


Manufacturing stats updated on 3/6/2018. All other data updated on 11/13/2017. IndustryNet is not responsible for errors or omissions.
 
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 Mfg. Industries
(by # of employees)
17% Chemicals and allied products
14% Industrial machinery and equipment
11% Fabricated metal products
10% Food and kindred products
8% Transportation equipment

Largest Mfg. Employers
(by # of employees)
CenturyLink, Inc. (Monroe) - 2,000
Dow Chemical Co., The (Plaquemine) - 1,600
Sasol Chemicals North America, LLC (Westlake) - 1,500
Oceaneering International, Inc. (Morgan City) - 1,400
Exxon Mobil Refining & Supply (Baton Rouge) - 1,300
 
Counties with the Most Mfg. Jobs
Lafayette - 22,611
East Baton Rouge - 21,150
Calcasieu - 13,525
Jefferson - 13,104
Orleans - 13,069

Cities with the Most Mfg. Jobs
Baton Rouge - 19,018
New Orleans - 12,082
Lafayette - 11,167
Houma - 11,033
Shreveport - 9,259

Mfg. 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)

Economic development agencies, chambers of commerce, and other organizations & businesses available to assist with your relocation to or from Louisiana

Topeka, KS
Striving to recruit new business & help companies expand in Kansas
Are you an economic development agency, chamber of commerce, or other organization in the business of helping companies relocate or expand? List your organization here and connect with growing businesses!
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