The Louisiana Advantage
Strategically located at the confluence of the Mississippi River and the Gulf of Mexico, Louisiana has become a U.S. leader in foreign direct investment (FDI) attraction and a key trade and investment destination for international companies. Business-friendly policies, an abundance of talent, a unique culture and an unrivaled infrastructure make Louisiana an ideal partner for international companies.
In 2014, Louisiana’s business climate was ranked No. 1 in the U.S. by Business Facilities magazine. In addition, The Economist called LED FastStart® “the most notable statewide workforce-development initiative.” According to a landmark independent study published by the Tax Foundation and KPMG, Louisiana offers the lowest state/local tax burden in the U.S. for new manufacturing operations, and the state boasts some of the lowest natural gas and electricity costs in the nation. Louisiana is also one of 10 states that earned an “A” in Pollina’s 2011 evaluation of state business incentives, considering value, application process, flexibility and risk. And with the largest port complex by tonnage in the Western Hemisphere (and six deepwater, 13 inland and eight coastal ports); singular concentrations of rail, highways and pipelines; and a growing database of development-ready sites, Louisiana provides unmatched access to U.S. and international markets.
“We are pleased to select Louisiana as the site for Benteler Steel/Tube's first U.S. production plant. The talented workforce, welcoming business climate and important geographic proximity to North America's energy corridor were all important factors in our decision to locate here.”
About Louisiana’s Office of International Commerce
Louisiana’s Office of International Commerce (OIC) manages Louisiana’s initiatives focused on attracting foreign direct investment, increasing trade volumes and expanding manufacturing activity.
In addition to its headquarters in Baton Rouge, the team includes representatives in nine countries: Canada, China (Beijing and Shanghai), Germany (also covering Austria and Switzerland), India, Japan, South Korea and the United Kingdom. Together, the international team showcases Louisiana’s value proposition to potential investors and traders across the globe.
OIC is a division of Louisiana Economic Development (LED), a department of the government of the State of Louisiana. LED’s leadership is appointed by, and reports directly to, the governor of Louisiana. The Louisiana Board of International Commerce (LaBIC) provides strategic advice and guidance to OIC.
Louisiana’s Office of International Commerce is committed to helping international companies expand in the state. For more information, contact the OIC
Foreign Direct Investment Re-shoring and International Trade Services
The OIC team assists the executives of qualified foreign-based businesses with an interest in locating in the U.S. LED’s services are offered at no cost to qualified companies. Companies using these services accelerate their success in the U.S. market and quickly assimilate into Louisiana’s booming economy. Services include:
- A dedicated team of professionals who will provide customized solutions for entering or expanding in Louisiana
- Customized analysis of operating costs, taxes, available buildings or sites, potential suppliers, etc.
- Business and financial incentives
- The nation’s best state workforce development program for workforce recruiting and training
- Corporate concierge services that assist executives with a smooth transition to life in Louisiana
- Information about how residents live, work and play in Louisiana in each of the state’s eight regions