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Wednesday, December 25, 2024

Capital Region Celebrates Over $10B in Capital Investments Over Three Years

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Capital Region Celebrates Over $10B in Capital Investments Over Three Years | Baton Rouge Area Chamber

Capital Region Celebrates Over $10B in Capital Investments Over Three Years | Baton Rouge Area Chamber

BATON ROUGE, La. (December 14, 2022) — The Baton Rouge Area Chamber (BRAC) yesterday celebrated 39 companies who made the decision to locate or expand in the Capital Region from 2020 to now. The companies represented 45 economic development project wins, over $10B in capital expenditures, and 3,600 new jobs. 

“The Capital Region has seen tremendous economic project activity spanning numerous industries over the last three years,” said Russell Richardson, BRAC’s senior vice president of business development. “We don’t plan to stop here though. Under our five-year strategic plan, BRING IT!, we are focused on nurturing and attracting companies in our emerging sectors that would best take advantage of our most competitive assets – our production of skilled top talent, including trades workers and college-educated talent, and our innovation capacity. Through strong partnerships with our region’s parish leaders, we are confident, together, we can further drive industry diversification in the region.” 

Companies honored include: 

  • 365Labs 
  • Air Liquide  
  • Air Products and Chemicals, Inc. 
  • Amazon 
  • Anvil Attachments  
  • BASF  
  • Bercen  
  • Brightside Clinic 
  • CF Industries 
  • Click Here Digital 
  • COCA-COLA BOTTLING COMPANY UNITED 
  • Co-Lo 
  • Crafty Apes 
  • Custom Metal Works, Inc.  
  • Ecoplexus 
  • Exxon Mobil Baton Rouge  
  • Ferrara 
  • GXO Logistics 
  • Honeywell  
  • Hood Container Corporation 
  • International Mezzo Technologies 
  • Jackson Hardwood 
  • Lightsource BP 
  • Origin Materials 
  • Plug Power  
  • Premier Health  
  • Rail Logix  
  • Renewable Energy Group 
  • Revolution Ammunition  
  • Rubicon 
  • Rural Sourcing Inc. 
  • Screaming Eagle Co-Pack 
  • Shintech  
  • Skyfall Biologicals 
  • TDP Group  
  • Weyerhaeuser 
  • Willow Glen Terminal 
Although companies from 2020 and 2021 were also honored, 2022 is the year that kicked off BRAC’s latest five-year strategic plan, BRING IT! The plan calls for the region to grow 500 new jobs in the emerging sectors of water, renewable energy, software, and life sciences. With this year’s project activity, BRAC saw 75 new jobs in software and 217 in renewable energy. Additionally, BRAC saw a combined new jobs total of 286 in our key industries of logistics, petrochemical, and advanced manufacturing. 

BRAC’s business development team works collaboratively with State and parish partners to lead and manage recruitment efforts in the Capital Region through the identification of these new project opportunities. To learn more about BRAC’s business development work, visit brac.org. 

About the Baton Rouge Area Chamber  

The Baton Rouge Area Chamber (BRAC) is an aggressively ambitious regional economic development organization with a bias for action. BRAC seeks to push Baton Rouge beyond the status quo, unleash its potential, and support a vibrant business community that believes the finish line does not exist. BRAC seeks to accelerate economic opportunity in the Baton Rouge Area, for everyone, through BRING IT! Baton Rouge, its five-year, regional strategic plan. Learn more about BRAC at brac.org.  


Original source can be found here.

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