Posts Tagged ‘Louisiana’

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Coming Soon to Louisiana: $8.1 Billion and Thousands of Jobs

October 31, 2014

Vinai Thummalapally is the Executive Director of the SelectUSA Program.

Under Secretary Hyatt (center) joined Louisiana Governor Bobby Jindal (left) and Sasol CEO David Constable to celebrate the announcement of Sasol's new facility in Louisiana.

Deputy Under Secretary of Commerce for International Trade Ken Hyatt (center) joined Louisiana Governor Bobby Jindal (left) and Sasol CEO David Constable to celebrate the announcement of Sasol’s new facility.

Earlier this week I had the pleasure of visiting Lake Charles, Louisiana to congratulate South African energy giant Sasol Limited on the firm’s final investment decision to build an $8.1 billion ethane cracker and derivatives complex. Sasol has also confirmed an additional $800 million investment in infrastructure, utility improvements, and land acquisition.

When making the announcement, Sasol President and CEO David Constable anticipated that the new complex will triple the company’s chemical production capacity in the United States and create 500 permanent jobs in the state of Louisiana, in addition to thousands of indirect jobs. Construction of the complex will employ an additional 5,000 people between now and 2018.

This decision represents an historic investment for the company, for the State of Louisiana, and possibly for the United States. This project was initially announced in 2012, along with a gas-to-liquids (GTL) facility. If the GTL project also moves forward, the entire complex would be one of the largest foreign direct investments (FDI) in manufacturing the United States.

I was also thrilled to congratulate the state and people of Louisiana for their efforts to attract and support this investment. Louisiana Economic Development (LED), the Southwest Louisiana (SWLA) Economic Development Alliance and the Port of Lake Charles began to work with Sasol to identify sites back in 2011. Their hard work has continued throughout this venture.

Our team at the U.S. Department of Commerce has worked with Sasol and LED since 2012 to encourage Sasol to create these jobs in the United States. SelectUSA, the U.S. government-wide investment-promotion program housed in the International Trade Administration, coordinated within Commerce and with other federal agencies to identify resources and address questions or issues related to federal regulations. President Obama established SelectUSA in 2011 to serve precisely this purpose: to act as a single point of contact for investors, as well as for state and local governments, to facilitate job-creating investment.

For example, SelectUSA brought the U.S. Department of Labor’s Employment and Training Administration, as well as Commerce’s Economic Development Administration and Minority Business Development Agency to the table to assist with workforce development information and resources. Every day we hear from companies about the importance of workforce development, and we have been impressed by the innovation we’ve seen in the Lake Charles community.

Sasol, the State of Louisiana, and several local partners cooperated to develop tools to support both Sasol’s investment success as well as the long-term economic vitality of the region. In December 2013, the Southwest Louisiana Workforce Resource Guide and a corresponding mentoring program were launched as part of a collaborative community effort. This fall, Sasol and the Community Foundation of Southwest Louisiana unveiled the next step: a pilot scholarship fund for job training. The SWLA Economic Development Alliance leads the Resource Guide Steering Committee, which will continue to collaborate with the Foundation to extend the program to support other key industries in the region.

Sasol has demonstrated its strong commitment to the U.S. market, to this project, and to the people of Louisiana. Their investment is also a testament to our strong economic climate, and shows the opportunities for companies from around the world to operate, grow, and succeed in the United States.

For more information on how SelectUSA can assist investors or economic development organizations, please visit www.selectusa.gov and follow @SelectUSA on Twitter! Make sure to mark your calendar for the SelectUSA Investment Summit on March 23-24, 2015 and sign up on our website for updates.

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State Economies Get Boost from Exports

August 8, 2013

Calynn Jenkins is an intern in the International Trade Administration’s Office of Public Affairs. She is studying political science at American University. 

Seventeen states set export records in the first half of 2013, including Connecticut, Indiana, and Wisconsin.

Seventeen states set export records in the first half of 2013, including Connecticut, Indiana, and Wisconsin.

If your business is not exporting, you may be missing out on key opportunities to expand your business and increase your bottom line.

New data released from the International Trade Administration (ITA) on state exports from the first six months of 2013 shows U.S. merchandise exports totaled a record $781 billion. Oklahoma, Georgia, and North Carolina are among 17 states that reached record highs in merchandise exports.

Goods exports from Texas grew the most in dollar terms, rising from $4.3 billion to $134.4 billion. Washington (up $3.8 billion), New York (up $2.8 billion), Kentucky (up $1.4 billion), and Louisiana ($960 million) were the next largest.

Exports are an important driver of U.S. economic growth. Total merchandise exports from all 50 states contributed to a record $2.2 trillion in goods and services exports in 2012, which supported nearly 10 million jobs. According to new data from the first half of 2013, U.S. exports are on track for another record year.

The Obama administration has made exports a national priority, launching the National Export Initiative (NEI) in 2010 to support American jobs. Helping U.S. companies become more competitive internationally is a critical step to shaping an American economy built to last. The Department of Commerce and ITA are committed to continuing the trend of export growth.

More information about individual state contribution to national exports is available through the International Trade Administration’s Office of Trade and Industry Information web page.

If your business is ready to take advantage of opportunities overseas, ITA is here to support. We helped U.S. businesses achieve more than 14,000 export successes in 2012. Visit your local Export Assistance Center today.

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Advocacy Center Success Supports Louisiana Jobs

April 18, 2013

Chris Higginbotham is a Communications Specialist in the International Trade Administration’s Office of Public Affairs.

With help from the Jean-Marc Teleu and Chadian Abassador to U.S.HIS EXCELLENCY MAITINE DJOUMBE sign a contract to export 500 John Deere agricultural tractors to Chad Department of Commerce’s Advocacy Center, an American company has just signed its largest ever contract.

Louisiana-based Tuleu Consulting Company (TCC) today signed a $22.5 million contract to sell 500 John Deere tractors in the African country of Chad at a signing ceremony held at the U.S. Department of Commerce. TCC estimates this deal will support 100 American jobs at the company.

“TCC benefited from an aggressive, coordinated interagency commercial advocacy campaign spearheaded by our Advocacy Center to win a contract that will mean more jobs for American workers,” said Under Secretary of Commerce for International Trade Administration Francisco Sánchez, who witnessed the signing of the contract. “I congratulate TCC on winning this valuable contract.”

The tractors will support Chad’s efforts to become self-sufficient in food production.

The Advocacy Center coordinates U.S. government resources to level the playing field for American companies competing against foreign firms for international contracts. In many cases, the Center will coordinate official messages to foreign officials on behalf of the U.S. government to support American companies.

“The services of the Advocacy Center are effective at helping companies like Tuleu and everyone at the Department of Commerce is glad to support American businesses,” Sanchez added.

This isn’t the first success for the Advocacy Center. The team actually had a banner year in Fiscal Year 2012, helping 53 companies secure international contracts worth a total of $87.1 billion. The Center estimates those contracts support 370,000 U.S. jobs.

Learn how advocacy services from the U.S. government can help your business compete overseas at export.gov/advocacy.

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Travel and Tourism Advisory Board and the Gulf

July 27, 2010

Melanie Kaplan is an intern in the Office of Advisory Committees and entering her junior year at Wellesley College.

From the now infamous “shrimpers” to the hotel owners in Louisiana to the restaurant employees in Florida panhandle, the BP oil spill has caused wide-spread devastation. Not only is the National Oceanic and Atmosphere Administration (NOAA) working to counteract the damage, the whole Department of Commerce has stepped up to help Gulf Coast residents and businesses stay ahead of the “orange tide.” Everyone is making an effort to address the harrowing situation at hand from daily conference calls on an inter-bureau level to an inter-agency group working to provide needed relief. The International Trade Administration and the Office of Advisory Committees (OAC) are no exception and worked hard to plan this past Monday’s meeting of the Travel and Tourism Advisory Board (TTAB) in New Orleans. Given the oil spill and the upcoming five year anniversary of Hurricane Katrina, New Orleans seemed the perfect locale to step back and think about how  the government and private sector can work together to promote travel and tourism in the region.

Secretary Locke, along with several other senior Commerce officials and the TTAB committee members supported those suffering from the damages of the oil spill by discussing how they can encourage travel and tourism in the Gulf. On that note, BP recently gave $15 million to the State of Louisiana to fund a marketing campaign to help combat the effects of the oil spill on tourism. At the meeting, Secretary Locke pointed out it was a welcomed contribution and reinforced that “the recovery is going to take a lot of work, a lot of time, and a lot of money and we’re going to have to continually hold BP accountable and hold its feet to the fire.” Furthermore, the unity demonstrated by government and business at the meeting highlighted the importance of the jobs created by the travel and tourism sector, which directly and indirectly includes one in every sixteen Americans. As an intern, I have helped plan the event from participating in conference calls to updating the guest list, and putting together briefing binders, and am happy to have made my own small contribution to improving the lives of the Gulf Coast residents and businesses. If you are interested in volunteering or just want more information on efforts to restore the Gulf, please visit RestoreTheGulf.gov, the official federal portal for the Deepwater BP oil spill response and recovery.

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