Recap: Right to Work Louisiana’s New Business Investments

RTW-Louisiana-NILRR

Two companies are investing soon in Right to Work Louisiana, and these are Deere & Company and Schlumberger. Read on so you can learn more!

Deere & Company:

Deere & Company is investing $29.8 million in order to expand and create 70 new jobs in Right to Work Thibodaux, Louisiana.

“The new cotton harvesters present a huge opportunity for John Deere Thibodaux to deliver innovative and technologically advanced solutions to our customers, which will increase their productivity and profitability. […] This expansion is possible due to the tremendous amount of hard work and resiliency of the Thibodaux team.†[…]

“This investment by Deere & Company demonstrates not only the strength of Louisiana’s manufacturing sector, but the resilience and recovery of the Bayou Region. […] Manufacturing has long played a vital role in Louisiana’s economy and never more so than today, supporting more than 178,000 Louisiana workers and their families through ongoing investments in every region of the state. Thanks to Deere & Company for its commitment to Lafourche Parish, and congratulations to the skilled workers whose dedication convinced this global manufacturer to expand its footprint in our state.â€

AREA DEVELOPMENT MAGAZINE

Schlumberger:

Schlumberger is investing $11.5 million toward a new location in Right to Work Lafayette, Louisiana. This will also create 44 new jobs!

“Schlumberger has been an economic driver in Louisiana for more than half a century, and the company remains a vital contributor to our state’s ‘all of the above’ approach to energy. […] This investment not only creates dozens of high-paying jobs in Lafayette, it demonstrates a commitment to the future of more than 1,000 existing energy jobs around the state. In the midst of a historic transition, Louisiana’s energy sector remains strong.†[…]

“Lafayette historically has been a service and production gateway to the Gulf of Mexico, and the creation of Schlumberger’s North Gulf Coast Operations Hub reflects that legacy and the ongoing contributions to the region’s overall economy by the energy sector. […] Recent global concerns have demonstrated the importance of domestic production. Lafayette and Acadiana are proud to remain a vital player in that sphere.â€

AREA DEVELOPMENT MAGAZINE

To read the previous update on economic development in Right to Work Louisiana, click here.

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