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JANUARY 2005
![]() ![]() Louisiana: Why Industry Is Moving Back to the Bayou State Sir, the Governor's on the Phone First Among Equals Education-Industry Partnership Port Gets Retooling for 21st Century Commerce (sidebar) Bringing the Students Home Blanco: Ethics Is Job One Shreveport's Aerospace Industry Gains Altitude (sidebar) GM Plant Hums Along How Louisiana Beat Ohio Education Inroads Foundation Gives Biotech a Boost Enhanced State Economic Development Portal to Debut (sidebar) Industry Clusters Gain Traction Transport Complex Would Reclaim Louisiana's 'Gateway to Latin America' Status (sidebar) Container-on-Barge Is Key Energy Industry in Transition Request Information ![]() |
Industry Clusters
Gain Traction Louisiana embarked several years ago on an
The industries targeted are advanced materials, aviation, agriculture/forestry /food, durable goods/manufacturing, energy/oil & gas, entertainment, information technology, life sciences, logistics & transportation and petrochemicals. Each cluster has economic development staff dedicated to recruiting new companies and supporting existing ones in that industry. For detailed information on the state's activity in the designated clusters, visit www.lded.state.la.us/industry/. David Kane, director of logistics and transportation cluster development for the Dept. of Economic Development, says his purview affords him involvement in a number of the other clusters. "Transportation drives a lot of location decisions," he notes. "In the petrochemical industry, transportation costs are roughly 10 percent of what the product costs, and it can put you in a market or keep you out of a market." Kane says Louisiana is facing highway-capacity constraints, and the six main railroads are operating at capacity. "But the inland river system, which we enjoy the best access to of any state in the country, is operating at only 10 percent of capacity," Kane points out. "The river system can relieve a lot of the congestion." This same congestion, though, is good news to the ports, which increasingly are ramping up container-on-barge operations. |
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