Hut 8 Has Bigs Plans in Right to Work Louisiana
Hut 8 is investing a total of $10 billion in order to establish operations in Right to Work West Feliciana, Louisiana. They will also create 75 new jobs and possibly more!
From Area Development Magazine:
“River Bend is a testament to the power of partnership. […] This project was made possible by the leadership of state and local leaders, the commitment of Entergy, and the determination of the people of Louisiana. Together, we will build infrastructure that supports the world’s most advanced technological applications at scale while setting a standard for how utilities, governments, and innovators can drive lasting economic and technological progress.” […]
“River Bend demonstrates that Louisiana’s economic strategy is taking our state from plans to progress. […] This project will generate high-wage jobs and create pathways for Louisianans to build long-term careers in the industries of the future. It’s a clear example of how aligning policy, partnership and people translates into lasting opportunity.” […]
“Energy is one of Louisiana’s greatest competitive advantages. […] Our ability to deliver reliable, scalable power while maintaining some of the lowest electricity rates in the country gives companies like Hut 8 the confidence to invest here, fueling economic growth and creating long-term value for our customers and communities.”
“We’re pleased to see Hut 8 reach this milestone in the Capital Region. […] This is a great win for West Feliciana Parish, and it reflects the continued momentum across the Capital Region as a strong place for new and growing industries.”
To read the previous economic update on Right to Work states, click here.