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2016 FACTBOOK
CONTENTS
Publisher: Rolfe H. McCollister Jr.
EDITORIAL
Editorial director: Penny Font Executive editor: Steve Sanoski Editor: Stephanie Riegel Managing editor: Robert Stewart Online news editor: Alexandria Burris Special projects editor: Jerry Martin Director-Online operations: Brandi Simmons Staff writer: Ryan Broussard Director of research: Sierra Crump Contributing writers: Tom Cook, Jeremy Harper, David Jacobs, April Capochino Myers, Annie Ourso, Maggie Heyn Richardson, Meredith Whitten Contributing photographers: Brian Baiamonte, Charles Breard, Marie Constantin, Don Kadair, Tim Mueller, Collin Richie
ADVERTISING
Advertising director: Sharon Wright Senior account executives: Marielle LandHoward, Kelly Lewis, Kerrie Richmond Account executives: Sarah Collins Bennett, Melanie Ridgeway Advertising coordinator: Brittany Nieto
Welcome to the 2016 Baton Rouge Business Resource Guide and Market Factbook. This guide for economic recruiters, site selectors and business owners alike is a comprehensive collection of market analysis and demographics for the Capital Region. Our Business Resource Guide is a step-by-step blueprint for starting a company in Louisiana, with the most up-to-date contract information for key agencies and organizations.
A4
THE REGION
PARISH PROFILES
A8 A10 A12 A14 A16 A18 A20 A22 A24 A26 A27 A28
A31 A32 A33 A34 A35 A36 A37
A profile of the region Accolades Assessing the market Market forces Business climate Talent Education
East Baton Rouge Ascension
PRODUCTION/DESIGN
Production director: Melanie Samaha Art director: Hoa Vu Graphic designers: Tammi deGeneres, Melinda Gonzalez, Rachel Parker, Emily Witt
AUDIENCE DEVELOPMENT
Livingston, Pointe Coupee
A publication of Louisiana Business Inc. Chairman: Rolfe H. McCollister Jr. President & CEO: Julio A. Melara Executive assistant: Millie Coon
St. Helena West Baton Rouge West Feliciana
BUSINESS RESOURCE GUIDE
Entrepreneurial ecosystem
A38 A44 A46
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
Chief financial officer: Jonathan Percle Chief innovation officer: Curtis Heroman Business manager: Adam Lagneaux Business associate: Danielle Daly Office coordinator: Debbie Lamonica Courier: Jim Wainwright Receptionist: Cathy Brown
Audience development coordinators: Kenna Maranto, Brittany Titone
Small business
Hospitality
ADMINISTRATION
East Feliciana, Iberville
A global economy
Incentives
SPECIAL PROJECTS Special projects manager: Jennifer Finley Senior account executive: Stacy Kaklis Account executives: J.C. Applewhite, Angie LaPorte, Michelle Lawrence Marketing director: Jennifer Guillot Marketing/Special events coordinator: Christie Battaglia Advertising coordinator: Lacie Thibodeaux Community liaison: Jeanne McCollister McNeil
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A5
2016 FACTBOOK
A6
FROM THE SPONSORS
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
THE LIBRARY MEANS BUSINESS... and your East Baton Rouge Parish Library is “writing the next chapter” on services and resources benefitting our business community. Continually increasing usage of the dynamic new Main Library at Goodwood reinforces the direction taken by the Library Board to provide state-of-the-art facilities parish-wide, with comfortable and engaging spaces, robust technology, a variety of meeting rooms, and a broad range of programs and resources. We’ve already begun that process at the Bluebonnet Regional Branch, repurposing the old Genealogy Room into a vibrant Teen Room, plus a number of collaborative work/study rooms. The River Center Library replacement project is underway; the new branch design incorporates a number of exciting, cuttingedge spaces and services. The public’s strong support of the 2015 tax millage renewal means renovation projects for other branches remain on track, beginning with capital improvements to the Jones Creek and Greenwell Springs Road Regional Libraries ... all on the Pay-As-You-Go plan. In addition, the Library maintains an aggressive schedule of technological upgrades to improve customer service—no matter which branch you visit. We offer new services to benefit the business community and small
business owners. Mobile printing and fax-ondemand are just two of the latest business conveniences available at all libraries, while the Main Library’s Digital Lab now hosts Adobe Creative Cloud on PC or Mac. The Library also embraces emerging technologies: 3-D printing services, circulating arduino kits, robotics workshops and more. We provide the training tools as well as the training space—businesses may book the Digital Lab or other collaborative spaces at the Main Library. The Digital Library delivers free access to specialized business resources, databases, educational programming and more 24/7, and online use has grown exponentially. The Library constantly is adding new digital products to meet and anticipate business needs, including workforce development tools like Lynda.com, Treehouse and Atomic Training. They complement other superior assets, such as Reference USA and Newsbank; Gale’s Small Business Resource Center; and new collections like Press Display and EBSCO’s Small Business Reference Center. Check it out—all you need is your Library card!
FIRST AMERICAN BANK and Trust is a community bank with 24 locations in Southeast Louisiana. For over 100 years, First American Bank has served the financial needs of its communities. We began operations in St. James Parish in 1910 and now have expanded to 11 parishes, including Ascension and East Baton Rouge. Today, First American Bank has total assets of $863 million. The size of the bank puts First American in a unique position to help both consumers and small businesses. We handle a large amount of construction loans for individuals as well as contractors. After construction is complete, a large percentage of those residential loans are maintained in our loan portfolio providing our customers with exceptional service from local employees. Additionally, we provide the small businesses in our community with loans as high as $10 million. In 2015, First American Bank originated $141 million in loans for its customers.
Besides being a great source of loan funding, First American Bank maintains a strong capital base for its customers to deposit their funds. From online bill pay to mobile check deposits, First American Bank offers the latest in banking technology to provide the best possible services for its customers. Let First American Bank take you where you want to go. We are here to assist you with your construction loan, home purchase, business loan or whatever financial service that you need, while providing you with the latest in banking technology from knowledgeable and friendly employees. At First American Bank, we are local, we are easy to work with and, most importantly, we know how to get things done right. You will enjoy the experience!
Spencer Watts
Library Director East Baton Rouge Parish Library
Ronald J. Falgoust
President & CEO First American Bank and Trust
2016 FACTBOOK
THE REGION
1990
A PROFILE OF THE CAPITAL REGION
+57.2%
2015
THE NINE-PARISH Capital Region serves as the hub for Louisiana’s newest economic developments and growing, diverse population. With a full-time civilian workforce more than 260,000, the region is arguably one of Louisiana’s most important centers for industrial construction, manufacturing, education and government. SOURCES: U.S. Census, Louisiana Parish Population Projection Series 2010-2030
1000
POPULATION (in thousands)
900
CAPITAL REGION POPULATION GROWTH RATE
800 700 600 500 400 300 200 100 0 1990
528,264
WORKED FROM HOME
2015
602,894
830,480
954,850 (PROJECTED)
WORK COMMUTE TIMES 1.1% PUBLIC TRANSPORTATION (INCLUDING TAXICAB)
1.7% WALKED
19.2%
0.9%
12 A.M. TO 5:59 A.M.
93.5%
12.3%
CAR, TRUCK OR VAN
0.3%
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
28.2%
7 A.M. TO 7:59 A.M.
MOTORCYCLE OR OTHER MEANS
BICYCLE *Does not add to 100% on Census; includes margin of error
22.2%
6 A.M. TO 6:59 A.M.
8 A.M. TO 8:59 A.M.
A8
2030
LOUISIANA COMMUTING PATTERNS
WORK TRANSPORTATION
2.6%
2000
18.1%
9AM-11:59 A.M.
GENDER AND AGE
48.9% 24.1%
57.5%
51.1%
MALE
MEDIAN AGE
RACE/ETHNICITY
FEMALE
34.7
26.4%
35.6%
25.2% 19.6%
4.8% 0-17
18-34
35-54
55-74
3.6% WHITE
75+
BLACK
HISPANIC
1.9%
1.4%
ASIAN/PACIFIC ISLANDER
OTHER
*Numbers do not add to 100%; includes margin of error
HOUSEHOLDS/INCOME
EDUCATION LESS THAN HIGH SCHOOL DIPLOMA
13.5%
TOTAL OCCUPIED HOUSEHOLDS
HIGH SCHOOL GRADUATE
32.1%
SOME COLLEGE/ ASSOCIATE DEGREE BACHELOR’S DEGREE GRADUATE/ PROFESSIONAL DEGREE
8.8%
299,156
AVERAGE HOUSEHOLD SIZE
2.71
27.5% 18.1% POPULATION IN POVERTY
17.5%
$51,829
MEDIAN HOUSEHOLD INCOME
Daily-Report.com | BUSINESS REPORT, May 10, 2016
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2016 FACTBOOK
THE REGION
ACCOLADES
BATON ROUGE REMAINS in a position of economic strength, with both public and private entities working to create a business environment in which companies want to invest and create jobs. The effort is paying off, with both Baton Rouge and Louisiana maintaining top national rankings in job creation, workforce training, business climate, entrepreneurship and industrial expansion.
SELECT R ANKINGS
No. 1
Capital Investment and Job Creation in Louisiana
Southern Business and Development 2015
No. 3
Business Climate (Louisiana)
Business Facilities 2015
No. 3
Top Five Mississippi River Corridor Metros, Total Corporate Facility Projects
Site Selection 2016
No. 3
No. 1
State Workforce Training Program (Louisiana/FastStart)
Business Facilities 2015
A10
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
Best Cities in the Nation for Women Entrepreneurs to Start a Business (Baton Rouge)
GoodCall 2015
No. 3
Best Mid-Sized City for Information Jobs (Baton Rouge) NewGeography.com 2015
No. 3
Area Development Leading Locations: Top Ten Southern Cities (Baton Rouge)
Area Development 2015
Top 5
Most Business-Friendly States Thumbtack.com 2015
No. 4
Top State Business Climate
Site Selection 2015
No. 6
No. 81
Top 10 Mississippi River Corridor Metros, Per Capita Corporate Facility Projects
Top Places for Job Growth (Baton Rouge) Forbes 2015
Site Selection 2016
Top 8
Top Under the Radar Hub for Investing (Baton Rouge) Investopedia 2015
No. 5
Top 10 Metro Areas: Tier Two New and Expanded Facilities (Metros with population 200,000 to 1 million)
No. 9
No. 7
Top Payroll to Population Cities (Baton Rouge) Gallup 2015
No. 8
Top Places for Doing Business (Baton Rouge) Forbes 2015
Site Selection 2015
Best & Worst States for Business (Louisiana) Chief Executive 2015
No. 6
Top States for Doing Business (Louisiana) Area Development 2015
No. 122
Top Places for Education (Baton Rouge) Forbes 2015
No. 32
Governor’s Cup New and Expanded Corporate Facilities Per Capita in 2015 (Louisiana) Site Selection 2016
Daily-Report.com | BUSINESS REPORT, May 10, 2016
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2016 FACTBOOK
THE REGION
ASSESSING THE MARKET
—Robert Stewart
ADAM KNAPP
TERI FONTENOT
RAY BELTON
REASONS FOR WORRY
REASONS FOR WORRY
REASONS FOR WORRY
Baton Rouge Area Chamber President and CEO Economic Development South Louisiana experienced an industrial expansion boom in the last several years, thanks in large part to generous tax incentives handed out by the Jindal administration. But with the state running out of money and Democrat John Bel Edwards in the Governor’s Mansion, the incentives likely won’t roll out as freely anymore—especially if oil prices continue to stay low. The Legislature during the 2016 special session rolled back a host of tax incentives in an effort to raise some revenue for the state, which could further hamper economic development. “Of course, we are all watching closely the uncertainty created by the state’s financial position, and its effect on our tax climate, universities, and health care services,” says Adam Knapp, president and CEO of the Baton Rouge Area Chamber.
REASONS FOR OPTIMISM
Knapp says the outlook for the Capital Region is best described as “cautious optimism” at the moment. In the most recent jobs report for February 2016, the Baton Rouge area added 8,500 non-farm jobs since February 2015, he notes. The region’s manufacturing sector was just rated the sixth most productive in the U.S. Natural gas prices are still low and are forecast to stay there, which could lead to continued expansion in the chemical and petrochemical manufacturing sectors. Both the construction and professional/business services industries in the area experienced greater than 10% job growth in 2014, and growth occurred in diverse fields such as computer programming, heavy construction and engineering services. “The region’s economy is diverse, and we believe it will show resiliency,” Knapp says.
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CAUTIOUS OPTIMISM abounds in the Capital Region’s economic sectors. From industry and banking to health care and higher education, there’s reason for hope and worry—though in some sectors, the worry is outweighing the hope at the moment. Oil prices have continued their run of staying low, while higher education and health care continue to weather cuts in state funding. But the Baton Rouge area economy is diverse and creative enough to survive the negativity, according to business leaders in the area. Like seemingly everything else these days, much of the reason for concern centers on the state’s financial crisis. But despite the volatility, these six leaders still see plenty of reason for optimism in the future.
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
Woman’s Hospital President And CEO Health Care
Health care in Baton Rouge underwent some radical transformations in 2015, and that trend is likely to continue in 2016. Just last year, Baton Rouge General Medical Center shut down its Mid City campus emergency room, and urgent care clinics began sprouting up left and right. North Baton Rouge residents and community leaders are calling for a hospital in their health care-barren side of town. Meanwhile, because of the fiscal crisis, the state may not have enough money to pay the contracts it has with private hospitals such as Our Lady of the Lake Regional Medical Center to care for poor and uninsured patients—which could lead the hospitals to walk away from the deal.
REASONS FOR OPTIMISM
While some things are changing for worse, others are changing for the better. The Baton Rouge Health District is coming to life—despite some opposition— and it could spark a collaborative revolution for the area’s health care institutions. More urgent care clinics keep popping up in an effort to fill the void left behind by shuttered facilities like the General’s Mid City ER and Earl K. Long charity hospital. Going forward, the hospitals appear to be shifting from a volume-driven business model to one of value and managing health. In other words, the goal is not to wait until a patient arrives at a hospital. “The definition of a hospital has changed from a place where patients seek medical care to helping them stay healthy and out of acute care settings,” says Teri Fontenot, president and CEO of Woman’s Hospital. “In addition, hospitals are increasingly involved in managing chronic medical conditions in the doctor’s office or outpatient settings to reduce costs and improve the patient’s quality of life.”
Southern University System President Higher Education Higher education has a particular reason to worry for 2016 and beyond. Like health care, it has been battered by cut after cut in state funding since 2008, and tuition rates have spiked to make up the difference. Southern University declared exigency in 2012 and reduced faculty and staff “profoundly,” according to Ray Belton, Southern University System president and chancellor of its Baton Rouge campus. LSU even flirted with the idea of exigency within the last year. TOPS was underfunded by some $28 million this fiscal year thanks to the state fiscal crisis, leaving the future of the enormously popular state scholarship program in doubt.
REASONS FOR OPTIMISM
After years of cuts, there’s plenty of momentum at the State Capitol to grow funding back to a more reasonable level—should lawmakers be able to find the money. Gov. John Bel Edwards has said nursing higher ed back to health in Louisiana is among his top priorities. Despite the challenges, local higher ed leaders seem to have an optimistic view. The merger of the Southern University System with the Baton Rouge campus has generated significant savings already, Belton says. Increased student recruitment yielded a 5% enrollment increase at the Baton Rouge campus in 2015, and graduation rates have improved steadily each year since 2012. “Southern remains poised for growth, ready to lead, and is evolving to meet the needs of an ever-changing higher educational marketplace,” Belton says. On the other side of town, the LSU Foundation, now led by former Louisiana Economic Development Secretary Stephen Moret, is in the midst of developing a massive fundraising campaign to invigorate LSU’s institutional advancement, which ranks among the bottom of its peer institutions. Should the new effort yield success, LSU likely will be better positioned to handle any future crisis.
PREDICTING THE MARKET Baton Rouge Area Chamber forecasts for 2016
job growth in 2.1% to 4.7% Projected professional and business
services, driven largely by the engineering sector, and services and government contracting
1.8% to 1.9% Overall projected job
growth for the Baton Rouge area
3.7% to 4.0% Projected job growth
in education and health services
GREG BOWSER
Louisiana Chemical Association, Louisiana Chemical Industry Alliance Executive Vice President Industry REASONS FOR WORRY
If any area of Baton Rouge’s economy has reason to worry in 2016, it’s the industrial sector. Wave after wave of projects were announced in the last few years while Gov. Bobby Jindal’s administration was offering generous tax breaks to draw big business. But with the state facing a cash crunch, a host of tax raises and tax incentive rollbacks were passed by the Louisiana Legislature at the end of Jindal’s tenure in 2015 and in a special legislative session earlier this year under new Gov. John Bel Edwards. Much of the burden of those tax raises and rollbacks falls on the backs of businesses like chemical plants, leading outside companies to question whether to bring new plants and jobs to Louisiana. “The new taxes, like those on manufacturing machinery, equipment and utilities, hit the bottom lines of the job engines (aka chemical plants) already in Louisiana,” says Greg Bowser, executive vice president of the Louisiana Chemical Association and Louisiana Chemical Industry Alliance. “They also affect major expansions and new investments which must now be reconsidered, putting the pencil to the higher costs of growing Louisiana jobs.” Add to that the low oil prices due to a global supply glut—and the thousands of jobs that have been shed in Louisiana in the process—and you’ve got a whirlwind of problems for the industrial sector.
REASONS FOR OPTIMISM
Quite frankly, there isn’t much room for optimism right now in the industrial sector. But if oil prices rise anytime soon—as unlikely as it is—it could provide a boost to a sagging sector that’s vital to Louisiana’s economy. If there’s any silver lining to find in this dark cloud, it’s this: The massive budget deficits seem to be causing lawmakers to look harder at the state’s many statutory funding dedications, or “stat deds,” in the state’s constitution. Freeing up some of those funds could provide some much-needed cash for the state, and in return, give the industrial sector a break. “Maybe a fresh look at our Louisiana constitution is necessary,” Bowser says. “Spoiler alert: this will create angst if you mention it to interests currently protected in the constitution!” Rewriting the state constitution would take a massive political effort and an inordinate amount of time, so there’s no chance it’ll happen in 2016.
836,000 to 841,000
Projected Baton Rouge area population in 2016
841,000 to 846,000 Projected Baton Rouge area population in 2017
3,635 1,534 863
Projected net new jobs in East Baton Rouge Parish in 2016 Projected net new jobs in Ascension Parish in 2016 Projected net new jobs in Livingston Parish in 2016 Source: Baton Rouge Area Chamber 2016 Economic Outlook
MISSY EPPERSON
TIFFANY PALMER
REASONS FOR WORRY
REASONS FOR WORRY
Regions Bank Senior Vice President Banking and Finance Just like every other sector, low oil prices has led to some “knuckle biting” by banks and lenders closely associated with the oil field services industry, says Martha “Missy” Epperson, senior vice president at Regions Bank. The fiscal uncertainty at the State Capitol—which is closely tied to the oil prices—hasn’t helped the market either. Volatility in the stock market, which got off to a rough start early this year, and continued low interest rates have also put pressure on those planning for or already in retirement, Epperson says. “Business owners are making tough decisions regarding capital investments, owner distributions and retaining their experienced, trained workforce; trying to gauge how long the downturn will last,” she says.
REASONS FOR OPTIMISM
Mergers and acquisitions are still well underway in the Capital Region, Epperson says. Just last year, Business First Bank’s acquisition of American Gateway Bank was finalized, creating what is believed to be the largest community bank based in Baton Rouge. “Several others are in process and optimistic about the probability of transactions closing and generating proceeds sufficient enough to meet their family’s needs for current and future generations,” Epperson says. The stock market volatility seems to have slowed, for now at least, which can ease some investors’ fears. And despite the oil bust, Epperson also points to the “historically high” number of industrial construction projects still planned for south Louisiana, which should continue to bring investment activity to the Baton Rouge area economy.
Greater Baton Rouge Association of Realtors President Real Estate Local experts generally consider the Baton Rouge real estate market healthy, but the market still has its flaws. The local industrial real estate sector absorbed some 440,000 square feet of space in 2015—a large amount, but only a third of the 1.2 million absorbed in 2014. Just like everything else, the industrial market slowdown has been blamed on low oil prices. Local real estate experts are also questioning whether the Capital Region multifamily market is overbuilt, with 1,500 new units built last year and thousands more scheduled to come online in the next two years. In the residential sector, inventory is low, making it difficult on buyers looking for a home. And the low oil prices could cause some prospective homebuyers to put off making a purchase this year. “There is some potential for future issues if oil prices remain low for a long period of time,” says Tiffany Palmer, a Baton Rouge realtor with Pro Sold Realty and president of the Greater Baton Rouge Association of Realtors.
REASONS FOR OPTIMISM
Most local real estate experts have good reason to look at the Baton Rouge market as a glass-half-full situation. While oil prices remain low, the Capital Region’s diverse economy has insulated the market from volatility, Palmer says. “Fortunately, the chemical plants, technology firms and higher education add to the economy in our area to even out some of the petro dependence,” she says. “Long periods of inventory at the low levels we’ve seen lately could hamper sales, but fortunately the annual spring selling season is beginning, bringing an influx of new properties.” On the commercial side, retail real estate vacancies are up this spring, but local retail rentals were dubbed “a unicorn” in 2015 by Jonathan Walker of Maestri-Murrell after rental rates rose and occupancy rates went down.
Daily-Report.com | BUSINESS REPORT, May 10, 2016
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2016 FACTBOOK
THE REGION
2 1
FILE PHOTO
3
COURTESY BRAF
MARKET FORCES The issues and projects to watch
1 / LOCAL HOSPITALS
The Capital Region’s health care sector is in a state of flux and in the months to come there will be still more changes. General Health System, which owns Baton Rouge General Medical Center, and Ochsner Health Systems recently announced a partnership that will effectively combine their local operations, strengthening both entities and increasing their competitiveness. Market leader Our Lady of the Lake Regional Medical Center, meanwhile, is adjusting to changes made to its threeyear-old partnership agreement with the state, under which it has provided charity care and training to LSU residents. At the same time, the state is expanding Medicaid, adding thousands of eligible new patients to the rolls under its Bayou Health Plan. The change will move the state further away from a so-called safety net system and toward one where health care dollars follow the patients, which will have implications for all providers in the market.
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BUSINESS REPORT, May 10, 2016 | BusinessReport.com
2 / THE PETROCHEMICAL SECTOR
When oil prices first began falling in 2014, economists cautiously projected stabilization by mid-2015. Now, it’s mid-2016 and the prices have stayed perilously low. So far, Baton Rouge has been spared the pain that nearby cities more heavily invested in upstream operations and the service sector have felt. Still, several of the major industrial expansion projects planned for petrochemical plants in the nine-parish Capital Region have been shelved, or at least delayed until prices again pick up. Among the repercussions already being felt is the much-hyped workforce shortage that was projected for the area, which never materialized now that construction in the area has slowed from what was anticipated. Some companies have also experienced layoffs. While no one can predict when oil prices will rise again, it’s fairly certain that the longer they remain depressed, the less robust the anticipated industrial expansion boom will be.
3 / WATER CAMPUS
More than one year after work crews broke ground on the Water Campus, the Baton Rouge Area Foundation’s research park devoted to river and deltaic studies planned for a 33-acre area between Nicholson Drive and River Road just south of downtown, construction is now underway on three buildings. The $16 million Center for River Studies, which will house a fullscale model of the lower Mississippi River, is scheduled for completion later this year. The office building that will house the state’s Coastal Protection and Restoration Authority is also in the works, as is the signature Education and Research Center that is being built on the old city dock and will house the Water Institute of the Gulf. A fourth building, meanwhile, is in the planning stages. The campus is expected to be a catalyst for economic development in the area, attracting world-class researchers and engineers. It will also add thousands of feet of new office space to the downtown market.
4 / OLD GOODWOOD
One of the city’s older neighborhoods is becoming one of its hottest growth areas at the moment. A handful of young developers, led primarily by Mike Hogstrom of Onsite Design and Development, is rapidly buying up what few undeveloped parcels remain in the area. They’re creating infill developments such as Étage Gardens on Government Street near Jefferson Highway, Township at Old Goodwood, and Overton Walk at Old Hammond Highway and Cove Court. The firm is also involved in the redevelopment of the old Goodwood Plantation, which will be the centerpiece for a residential development called Adelia at Old Goodwood. Both Millenials and retiring baby boomers alike are drawn to the area because of its old growth, older homes and relative walkability—factors that are also fueling commercial development along nearby Jefferson Highway.
MARK BIENVENU
7
ALLIE APPEL
5
DON KADAIR
6
DON KADAIR
TIM MUELLER
4
5 / TOWNE CENTER
One of the city’s premier retail properties has a new owner, or more precisely, a new partial owner. Earlier this year, a group of Texas-based investors, Moody Rambin, acquired land owner Phil Witter’s 50% interest in the 440,000-square-foot shopping center at the intersection of Jefferson Highway and Corporate Boulevard. The deal, terms of which were not disclosed, settled a long-running lawsuit between Witter and his partners in the development, Steve Keller and Everett Jackson, who will continue to maintain their 50% ownership interest. Though Keller and Jackson’s Creekstone Properties will continue to manage the property, the resolution to the legal dispute will enable them to make improvements to the property that have been on the drawing board for some time. There also are plans to attract new tenants to several vacant spaces—particularly on the Jefferson Highway side of the shopping center, which historically has been plagued with higher turnover than the stores on the other side.
6 / ROUZAN
Developer Tommy Spinosa’s traditional neighborhood development in Southdowns is thriving on the residential side. Level Homes, which is developing most of the TND’s residential phases, can’t get its hands on lots fast enough, so high is demand for the homes. But the project’s commercial portion, the Village Center, has stalled after planned anchor tenant Alamo Drafthouse canceled its lease agreement earlier this year. It’s not entirely clear why the deal fell through, though in part it was related to a setback issue and how close commercial buildings could be located to Perkins Road. Still, without a major draw, which the popular movie theater would have been, Spinosa effectively returns to square one, not that nearby residents are disappointed by the turn of events. Their issue with Rouzan was always the fear it would overtax the area’s infrastructure, so the longer commercial development stays away, from their perspective, the better.
7 / NORTH BATON ROUGE
The long-neglected northern part of the parish is suddenly getting a lot of attention, due—in no small measure—to the fact that 2016 is an election year. But regardless of the motivations of community leaders and mayoral candidates, the focus on the area is both overdue and badly needed. Some of the efforts underway are concentrated on creating an economic development district in the area, which would give incentives to developers who invest in north Baton Rouge. Others are focused more narrowly on delineating a health care district, which would codify financial incentives for investors that develop hospitals and clinics. Then there are those just holding forums and bringing issues to the table. What may come of these efforts once elections are over remain to be seen, but it’s a safe bet the next mayor-president will have a mandate to make north Baton Rouge more of a priority.
8 / DOWNTOWN EAST
When the Downtown Development District legally expanded its boundaries two years ago, it called the new portion of downtown—that area east of Interstate 110 to 22nd Street— Downtown East. The name couldn’t have come at a better time. In recent months redevelopment activity in Downtown East has mushroomed, with projects like the Elysian II, a multifamily development underway on Spanish Town Road; the renovation of the Arkel Building, which consumes almost an entire block on Florida Street; and the rehab of the Old Northside Motors Exchange Building on Scenic Highway, which is now a shared creative space. The East Baton Rouge Redevelopment Authority, meanwhile, is beginning to look for a developer to overhaul the former Entergy site at 1509 Government St., which, if and when completed, is expected to be the catalyst for redevelopment in the area.
Daily-Report.com | BUSINESS REPORT, May 10, 2016
A15
2016 FACTBOOK
THE REGION
BUSINESS CLIMATE
A snapshot of the Capital Region’s indicators
4.8% 4.9%
90,500 $19 billion
Baton Rouge MSA unemployment rate, February 2016
Number of private-sector jobs added in Louisiana between January 2008 and November 2015. The state ranks No. 11 nationally and No. 2 in the South for private-sector employment growth in that time period.
Peer cities* average unemployment rate, August 2015 *As identified by Baton Rouge Area Chamber
BATON ROUGEAREA BANKING
37
FDIC institutions in market, 2015
Amount of new investment associated with projects worked by state and regional economic development officials and announced in 2015
$19.1 billion
Total deposits, 2015
LOUISIANA TAXES Corporations pay taxes on net income at the following rates 0
25K
50K
100K
200K
4% 5%
6%
7%
$25,000
$50,000
$100,000
first $25,000 of net income
next
next
next
8%
excess over
$200,000
4%
State sales tax Individual income tax rate For single, married filing separately or head of household 0
2.5K
50K
6%
4%
2%
First $12,500
Next $37,500
Over $50,000
Married filing jointly or qualified surviving spouse 0
25K
2%
First $25,000
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BUSINESS REPORT, May 10, 2016 | BusinessReport.com
100K
4%
Next $75,000
6%
Over $100,000
9%
Combined state and local sales tax for East Baton Rouge Parish, Baton Rouge and Zachary
9.5%
Combined state and local sales tax for Baker and Central
BUSINESS TAX CLIMATE RANKINGS FOR LOUISIANA BY THE TAX FOUNDATION FOR 2016
5 NO. 28 NO. 38 NO.
27 NO. 37 NO. 50
NO.
Unemployment insurance
Property
Corporate
396,873
Individual income
Overall rank
Sales
Capital Region total nonfarm employment, January 2016 (not seasonally adjusted)
CAPITAL REGION AVERAGE NONFARM EMPLOYMENT 2011
2012
369,300 375,000 2013
2014
2015
381,500 394,900 407,400* *Estimated
REAL ESTATE TRENDS FOR THE NINE-PARISH CAPITAL REGION (MARCH 2015 TO MARCH 2016)
+
7.7%
Homes sold
+
4.1%
Average home sales prices
EAST BATON ROUGE PERMITTING TRENDS, Q3 2014 TO Q3 2015
+
120%
Residential
+
33%
Commercial
SOURCE: Baton Rouge Area Chamber, U.S. Bureau of Labor Statistics, Site Selection, Louisiana Economic Development, FDIC, Louisiana Department of Revenue, Greater Baton Rouge Association of Realtors, City of Baton Rouge/East Baton Rouge Parish, The Tax Foundation, Louisiana Workforce Commission
Daily-Report.com | BUSINESS REPORT, May 10, 2016
A17
2016 FACTBOOK
THE REGION
TALENT
EMPLOYERS IN THE CAPITAL REGION draw from a well-educated and skilled workforce throughout the nine-parish region. The region’s relatively low cost of living means employers can tap into a strong workforce no matter where they base their operations. For their part, employees are able to choose from a variety of communities in which to live and enjoy the lifestyle that best fits their needs.
CAPITAL REGION LABOR FORCE & PARTICIPATION AS OF JANUARY 2016
419,300
397,100
CIVILIAN LABOR FORCE
22,200
EMPLOYED
5.3%
UNEMPLOYED
UNEMPLOYMENT RATE
WHAT PEOPLE IN THE CAPITAL REGION EARN AS OF MAY 2015
120
U.S. MEAN
$36,000 $35,160
$51,240 $36,220
$44,880 $45,990
$43,760 $47,580
$40,210 $26,360
$32,710 $36,330
$32,650 $39,320
$20,610 $25,650
10
$20,610 $22,850
20
$22,730 $27,080
$63,930
$64,220 $56,980
$24,500 $29,520
30
$36,000 $44,610
40
$77,800
$82,370 $52,010 $53,000
50
$43,950 $46,160
$58,500
SALARY
60
$61,520
$73,800
70
$62,380 $71,220
80
$84,230 $82,980
90
$86,170
100
$100,790
110
CAPITAL REGION MEAN
$103,460
$115,020
TOTAL WORKERS
0 TRANSPORTATION & LOGISTICS
PRODUCTION
INSTALLATION, MAINTENANCE & REPAIR
CONSTRUCTION & EXTRACTION
FARMING, FISHING & FORESTRY
OFFICE & ADMINISTRATIVE SUPPORT
SALES & RELATED
PERSONAL CARE & SERVICE
BUILDING & GROUNDS CLEANING & MAINTENANCE
FOOD PREPARATION & SERVING RELATED
PROTECTIVE SERVICES
HEALTH CARE SUPPORT
HEALTH CARE PRACTITIONER & TECHNICAL
ARTS, DESIGN, ENTERTAINMENT, SPORTS & MEDIA
EDUCATION, TRAINING & LIBRARY
LEGAL
COMMUNITY & SOCIAL SERVICE
LIFE, PHYSICAL & SOCIAL SCIENCE
ARCHITECTURE & ENGINEERING
COMPUTER & MATHEMATICAL
BUSINESS & FINANCIAL OPERATIONS
MANAGEMENT
TOTAL WORKERS
18,430 15,910 6,340 9,070 2,840 4,850 2,460 19,420 5,080 22,620 10,940 12,440 32,770 11,470 13,310 38,150 55,080 300 36,900 19,430 25,110 27,380
SOURCES: U.S. Bureau of Labor Statistics, Louisiana Workforce Commission
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BUSINESS REPORT, May 10, 2016 | BusinessReport.com
Projected top five growing occupations in Louisiana (2012 to 2022) EMPLOYMENT CHANGE
4,648
% CHANGE
1
COMPUTER & MATHEMATICAL
2
HEALTH CARE SUPPORT
11,936
19.89%
3
PERSONAL CARE & SERVICE
14,792
19.24%
4
HEALTH CARE PRACTITIONERS AND TECHNICAL
22,185
16.99%
5
LIFE, PHYSICAL & SOCIAL SCIENCE
1,722
15.37%
22.76%
Projected top five growing industries in Louisiana (2012 to 2022) EMPLOYMENT CHANGE
% CHANGE
19,614
22.65%
4,970
19.68%
1
PROFESSIONAL, SCIENTIFIC & TECHNICAL SERVICES
2
MANAGEMENT OF COMPANIES & ENTERPRISES
3
HEALTH CARE & SOCIAL ASSISTANCE
51,027
18.16%
4
TRANSPORTATION & WAREHOUSING
12,509
16.39%
5
ADMINISTRATIVE AND SUPPORT AND WASTE MANAGEMENT AND REMEDIATION SERVICES
14,831
15.41%
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with purpose
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Daily-Report.com | BUSINESS REPORT, May 10, 2016
A19
2016 FACTBOOK
THE REGION Degrees offered by public colleges in Louisiana
2,520 Certificates 6,730 Associates 5,788 Post-associate certificate 17 Bachelor’s 18,296 Post-bachelor certificate 148 Master’s 5,128 Post-master’s certificate 13 Doctoral 562 Post-doctoral certificate 0 Specialist 37 Other 1,094 Total 40,333
EDUCATION IN AN EFFORT to achieve excellence in education, the Louisiana Department of Education and the Louisiana Board of Regents continue to improve and advance innovation in primary and postsecondary education, higher education and vocational training. According to U.S. News and World Report’s Best High Schools in 2015, their efforts are starting to pay off. Louisiana has four gold, five silver and 81 bronze medal schools. The state is also recognized for its career and technical education. With promising charter schools and STEM programs redefining primary and secondary education, Louisiana’s best days are ahead as students become better prepared to tackle jobs in the Capital Region’s booming industrial sector and ever-growing innovation scene.
Diploma
Source: Louisiana Board of Regents, for years 2014-2015
Education by the numbers
129 19.4 2016 LSU national ranking
Source: 2016 edition of Best Colleges, National Universities, U.S. News and World Report
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BUSINESS REPORT, May 10, 2016 | BusinessReport.com
74.6%
50.4%
66.6%
2015 Average ACT score
2013-14 Louisiana high school graduation rate
Source: Louisiana Department of Education
Source: Louisiana Department of Education
College graduation rate among public institutions
2014 college retention rate among public institutions
Source: Board of Regents
Source: Board of Regents
Top 10 Capital Region schools 1. Baton Rouge Magnet High School
6. Oak Grove Primary School
2. Sherwood Middle Academic Academy
7. Dutchtown Middle School
3. Westdale Heights Academic Magnet School
8. Baton Rouge Foreign Language Academy Immersion Magnet
4. Prairieville Middle School
9. Dutchtown Primary School
5. Dutchtown High School
10. Mayfair Laboratory School
Source: Louisiana Department of Education, 2015 SPS District Performance Scores across the nine-parish Capital Region.
Colleges in the Capital Region Southern University and A&M College
Southeastern Louisiana University Baton Rouge Community College
LSU
Our Lady of the Lake College
Northshore Technical Community College (Hammond campus)
River Parishes Community College
Top 10 undergraduate degrees awarded at Louisiana’s four-year universities
Top 10 degrees/ certificates awarded at Louisiana’s two-year colleges
1. Business Administration, Management and Operations
1. Liberal Arts and Sciences, General Studies and Humanities
2. Liberal Arts and Sciences, General Studies and Humanities
2. Business Operations Support and Assistant Services
3. Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
3. Practical Nursing, Vocational Nursing and Nursing Assistants
4. Biology, General
5. Industrial Production Technologies/ Technicians
5. Psychology, General 6. Teacher Education and Professional Development (levels and management) 7. Teacher Education and Professional Development (subject areas) 8. Accounting and Related Services
9. Communication and Media Studies 10. Criminal Justice and Corrections
4. Precision Metal Working
6. Business/Commerce, General 7. Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing 8. Electromechanical Instrumentation and Maintenance Technologies 9. Vehicle Maintenance and Repair Technologies 10. Allied Health Diagnostic, Intervention, and Treatment Professions Source: Louisiana Board of Regents
Daily-Report.com | BUSINESS REPORT, May 10, 2016
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2016 FACTBOOK
THE REGION CAPITAL REGION EXPORTS BY THE NUMBERS
18.31 BILLION $
COURTESY PORT OF GREATER BATON ROUGE
Total value of exports
Nº 20
Rank among top 100 U.S. metros in total value of exports
31.7
A GLOBAL ECONOMY INTERNATIONAL TRADE IS an important element of both the Louisiana and Capital Region economies. The U.S. Chamber Enterprising States 2015 report ranked Louisiana as the No. 1 state in the U.S. for Transportation and Trade, placing first in export intensity and second in export growth. According to the U.S. Census Bureau’s Foreign Trade Division, for the seven years ending in
.
%
Exports as a share of metro area GDP
2014 (latest available data), Louisiana’s export growth (114%) nearly tripled the growth of U.S. exports (41%). Louisiana’s exports totaled almost $65 billion in 2014, ranking the state No. 6 in the country for exports. Since January 2008, Louisiana has ranked No. 1 in the U.S. for attracting the most foreign direct investment per capita, according to fDi Intellegence magazine.
.
Nº 1
Rank among top 100 U.S. metros in exports as a share of metro area GDP
CANADA $582 million 7.7% share
BELGIUM $466 million 6.2% share
59,774
CHINA
MEXICO
$633 million 8.4% share
$1.33 BILLION 17.7% SHARE
Total export-supported jobs
BRAZIL
$534 million 7.1% share
TOP EXPORT MARKETS
+9.1
%
Growth in value of exports, 2008-2014
TOP INDUSTRIES BY VALUE OF EXPORTS BY VALUE OF EXPORTS IN 2014 AND SHARE OF TOTAL EXPORT VALUE
A22
PETROLEUM & COAL PRODUCTS $6.1 billion 33.5%
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
BASIC CHEMICALS $5.7 billion 31.2%
RESINS & SYNTHETIC RUBBERS $2.9 billion 16.1%
PESTICIDES & FERTILIZERS $569.6 million 3.1%
CHEMICAL MANUFACTURING ROYALTIES $525.6 million 2.9%
INTERNATIONAL COMPANIES WITH A PRESENCE IN THE CAPITAL REGION BELGIUM
• Carmeuse Lime & Stone Inc.
CANADA
INDIA
• CMC Americas Inc.
• PCS Nitrogen Inc. • Action Oilfield Services Inc.
IRELAND
FRANCE
JAPAN
• Air Liquide America LP • Epsco International Inc. • Rhodia Inc.
GERMANY
• BASF Corp. • Odom Hydrographic Systems Intl. • Siemens Industry Inc.
• Big River Industries Inc.
• BFS Retail and Commercial Ops • Elliott Co • Shintech Louisiana LLC
SWITZERLAND
• Syngenta Crop Protection Inc. • A B B Inc.
UNITED KINGDOM • Shell Chemical • Shell Oil • BP Lubricants USA • Drax
TAIWAN
• Formosa Plastics Corp. • TTM & R • Nan Ya Plastics Corp. America • J-M Manufacturing Co Inc.
MEXICO
• Mexichem Fluor Inc.
PHOTOS COURTESY PORT OF GREATER BATON ROUGE
The TBC Princess docks at the Port of Greater Baton Rouge to retrieve the first shipment of wood pellets from Drax Biomass in April 2015.
A train at dock near Drax Biomass.
United Kingdom-based Drax Biomass manufactures wood pellets to use for renewable low-carbon power generation. The company has facilities at the Port of Greater Baton Rouge, Amite and Bastrop. The wood pellets are loaded onto ships at the port and shipped to Europe, where they are used for power generation. Two large storage domes constructed at the port hold more than 40,000 tons of pellets each; the Baton Rouge facility can process 2 million metric tons of pellets— and load and ship 40 cargo vessels—annually.
SOURCES: Brookings Institute, International Trade Administration, Baton Rouge Area Chamber
Daily-Report.com | BUSINESS REPORT, May 10, 2016
A23
2016 FACTBOOK
THE REGION
SMALL BUSINESS
SMALL BUSINESSES ARE an integral part of the Capital Region’s social and economic landscape. Reflecting entrepreneurial spirit and a drive for innovation, firms with fewer than 100 employees account for 76.7% of all establishments. The Capital Region is smallbusiness friendly: The Small Business & Entrepreneurship Council has ranked Louisiana among the top 20 states in the nation for entrepreneurship and small business, thanks to its low personal income, property and unemployment taxes as well as other factors.
Size of businesses in Capital Region by industry INDUSTRY
MICRO
SMALL
MEDIUM LARGE
Retail trade (2,832)
43.8%
18.1%
3.4% 34.7%
Professional, scientific & technical services (2,157) 75.5%
15.3%
2.3%
Health care & social assistance (1,920) 53.9%
28.8%
8.1% 9.2%
Other services (1,794)
74.4%
18.9%
2.6% 4.2%
Construction (1,550)
70.4%
20.3%
2.5% 6.8%
Accommodation & food services (1,462) 39.3%
33.9%
4.7% 22.1%
Finance & insurance (1,332)
43.5%
13.8%
7.7% 35.1%
Wholesale trade (973)
43.8%
26.4%
7.6% 22.2%
Administration, support, waste management & remediation services (863)
57.5%
20.8%
4.2% 17.5%
Real estate, rental & leasing (724)
66.4%
11.9%
5.4% 16.3%
Manufacturing (585)
51.6%
25.8%
7.2% 15.4%
Transportation & warehousing (507)
48.5%
15.6%
5.1% 30.8%
Information (248)
35.5%
9.7%
3.6% 51.2%
Arts, entertainment & recreation (237) 67.5%
23.6%
6.3% 2.5%
Educational services (217)
37.3%
6.0% 7.8%
Management of companies & enterprises (139) 7.2%
20.1%
17.3%
Mining, oil and gas extraction (73)
57.5%
19.2%
2.7% 20.6%
Utilities (66)
18.2%
7.5%
18.2% 56.1%
Agriculture, forestry, fishing & hunting (46) 67.4%
23.9%
2.2% 6.5%
TOTAL (17,725)
20.9%
4.7%
(Number of establishments)
<10 employees
48.9%
55.8%
10-99 employees
100-499 employees
>500 employees
6.9%
55.4%
18.6%
Some industry percentages do not add up to 100 due to rounding. SOURCE: 2014 Top 100 Private Companies, Business Report
A24
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
VD. FLORIDA BL
GULF SOUTH TECHNOLOGY SOLUTIONS
No. 4829
STARMOUNT LIFE INSURANCE COMPANY
20 employees 3-year growth: 63% 2014 revenue: $3.1 M
GOODWOOD BLVD.
192 employees 3-year growth: 49% 2014 revenue: $98.4 M
No. 1785
FMM
35 employees 3-year growth: 224% 2014 revenue: $3.8 M
E IN RL AI
No. 689
BLVD. SHERWOOD FOREST
No. 4327
Y. HW
SOUTHERN MARSH COLLECTION
30 employees 3-year growth: 656% 2014 revenue: $17.2 M
No. 4331
VERMA SYSTEMS
28 employees 3-year growth: 63% 2014 revenue: $3.1 M
No. 364
E-GOV SYSTEMS
64 employees 3-year growth: 656% 2014 revenue: $6.7 M
No. 3386
39 employees 3-year growth: 97% 2014 revenue: $60.8 M
N SO OL CH NI
No. 975
DARREN JAMES REAL ESTATE EXPERTS
. DR
On the Inc. 5000
COUR SEY B LVD.
SHOPPERSCHOICE.COM
28 employees 3-year growth: 453% 2014 revenue: $2.8M
No. 2812
INVESTAR HOLDING
TRANSFORMYX
36 employees 3-year growth: 358% 2014 revenue: $12.8 M
BATON ROUGE’S TOP 10 PRIVATE COMPANIES WITH 100 OR FEWER LOCAL EMPLOYEES COMPANY EMPLOYEES Lipsey’s 75 Lavigne Oil Co. 32 Lyons Specialty Co. 87 The Celtic Group 74 Mercedes-Benz of Baton Rouge 85 Ralph Sellers Chrysler Dodge Jeep & Ralph Sellers Hyundai 67 LUBA Workers’ Comp 100 Guaranty Group 76 Stonetrust Commercial Insurance Co. 65 Morel G. Lemoine Distributors 40
SIE GE NL N.
BL UE BO NN ET BLV D.
No. 1177
Y. HW
THE CAPITAL REGION’S FASTESTGROWING PRIVATE COMPANIES (2015)
E IN RL AI
171 employees 3-year growth: 131% 2014 revenue: $22.5 M
No. 1441
ENVOC
28 employees 3-year growth: 287% 2014 revenue: $2.9 M
PE RK INS
RD .
HIG HL AN DR D. BU RB AN K
DR .
TOP 10 SECTORS BY SMALL FIRM CONCENTRATION* (LOUISIANA, 2012) 2013 REVENUE $265,000,000 $168,581,010 $118,495,884 $104,962,000 $89,300,000 $87,759,855 $80,000,000 $62,184,000 $59,664,361 $58,000,000
Other services (except public administration) Professional/scientific/tech Construction Administration/support/waste management/remediation services Health care/social assistance Retail Real estate/rental/leasing Transportation/warehousing Arts/entertainment/recreation Accommodation/food services *Employer firms with fewer than 500 employees and nonemployer firms
73,318 48,841 45,479 41,253 39,697 35,255 35,153 17,974 15,652 13,973
SOURCES: U.S. Small Business Administration (2013), Inc.com, U.S. Department of Commerce Statistics of U.S. Businesses, Business Report Top 100 Private Companies
Daily-Report.com | BUSINESS REPORT, May 10, 2016
A25
2016 FACTBOOK
THE REGION with wetlab needs and focuses on commercializing university technologies. It is under the umbrella of the LBTC and is located near the John Parker Ag Center on the LSU campus. laetc.com (225) 615-8901
AN ENTREPRENEURIAL ECOSYSTEM CAPITAL REGION STARTUPS may be one step closer to taking their ventures to the next level. A newly formed initiative by the Research Park Corp. to connect the city’s entrepreneurial resources and make them easily accessible in one online portal called NexusLA could advance economic development. With that and a wealth of other resources at their fingertips, Capital City entrepreneurs, innovators and technology driven companies can easily find the help they need to prosper.
Louisiana Business and Technology Center Located south of the LSU campus on 200 acres in LSU Innovation Park, the LBTC is one of the best resources in the area for entrepreneurs and small businesses. The center provides comprehensive consulting and counseling services, and also has office and shared workspace available in five separate incubators, including one just for LSU students, detailed in the list that follows. sites01.lsu.edu/wp/innovationpark/ about-lbtc/ (225) 578-7555
RESOURCES
ANGEL NETWORKS/ VENTURE CAPITAL
NexusLA Launched in April 2016 as an arm of Louisiana’s Research Park Corp., the goal of NexusLa is to implement regional initiatives that convene, connect and strengthen the innovation ecosystem in the Baton Rouge area and connect entrepreneurial resources across the state. The ultimate goal: Improve Louisiana’s ability to compete for jobs, talent and public/private funding, ultimately helping the state to emerge as a model and resource for accelerating the success of innovation ecosystems. Nexus-la.org Baton Rouge Area SCORE This nonprofit association provides free and confidential business counseling tailored to meet the needs of small businesses and their personal objectives. SCORE also offers periodic seminars and workshops for both startup entrepreneurs and small businesses already in operation. batonrougearea.score.org/ (225)-381-7130
A26
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
Innovation Catalyst Innovation Catalyst, formerly Step One Ventures, is a Baton Rouge-based nonprofit Venture Development Organization formed by community leaders to strengthen and broaden Louisiana’s entrepreneurial ecosystem and drive new high-tech company formation through education, connections and capital. By collaborating with existing resources in the state, Innovation Catalyst is able to identify, engage and educate Louisiana entrepreneurs by connecting them to the right sources to accelerate their business. innovationcatalyst.us/ 844-225-4332 Baton Rouge Angel Network This entity is a Baton Rouge extension of the New Orleans based NO/LA Angel Network. The mission of this group of active, early-stage investors is to educate its membership in making solid investment decisions, and identify and vet promising early-stage companies for investment. The overarching goal is to foster economic
development and job creation in Louisiana through the aggregated investment capital of its members. The NO/LA and Baton Rouge Angel Networks are intent on becoming a substantive member of the early stage ecosystem by supporting the entrepreneurial explosion occurring in New Orleans and in Louisiana. nolaangelnetwork.org/ info@nolaangelnetwork.org
INCUBATORS Louisiana Business and Technology Center This 25,000-square-foot incubator houses some 30 startups in LSU Innovation Park and has several separate specialty incubators under it. sites01.lsu.edu/wp/innovationpark/ about-lbtc/ (225) 578-7555 Louisiana Technology Park A business incubator located in Bon Carré on Florida Boulevard that provides high-tech startup companies with the resources to bring their products and services to market faster. Louisiana Technology Park also has a separate digital media incubator, Level Up Lab. latechpark.com (225) 218-1100 Edible Enterprises This commercial kitchen and food production incubator in Norco services emerging food ventures between Baton Rouge and New Orleans. Edibleenterprises.org (985) 764-1504 Louisiana Emerging Technology Center This incubator specializes in companies
LSU AgCenter Food Incubator This business incubator specializes in the development of emerging food ventures. It is under the umbrella of the LBTC and is located on the LSU campus in Baton Rouge adjacent to the Department of Food Sciences. lsuagcenter.com/en/our_offices/ departments/Food_Science/Extension_Outreach/incubator/ (225) 578-7213 LSU Student Incubator This small business incubator for LSU undergraduate and graduate students is located in Innovation Park. It is under the umbrella of the LBTC. sites01.lsu.edu/wp/innovationpark/ about-lbtc/lsu-student-incubator/ (225) 578-7555 Pennington BioTech Initiative This incubator is specifically designed for companies that are creating medical devices, medical software and medical technologies. The initiative is a partnership among LSU, the LBTC and Pennington Biomedical Research Center, which contracts out the use of its labs for a fee to companies in the incubator. It is under the umbrella of the LBTC. Southeast Louisiana Business Center This business incubator and resource center for startups in Washington, St. Tammany, Tangipahoa, Livingston and St. Helena parishes is located on the campus of Southeastern Louisiana University in Hammond. southeastern.edu/admin/slbc/services/index.html (985) 549-3199 Dixie Business Center Founded in 1992 by DEMCO, this Denham Springs incubator helps fledgling businesses compete by providing shared services, as well as 50,000 square feet of office space and warehousing. dixiebusinesscenter.org/ (225) 665-0809 Louisiana Small Business Development Center at Southern University Since 1996, the LSBDC has been providing individual consulting services, training programs/seminars, and information assistance to potential and existing small businesses in the greater Baton Rouge region. lsbdc.org/subr/ 225-774-9213
COWORKING SITES Creative Bloc 804 Main St. (225) 612-2112
INCENTIVES
EXPANDING? RELOCATING? STARTING UP? Louisiana’s tax credits and incentive programs give companies a competitive edge. Here’s a summary of the incentives available through Louisiana Economic Development. Get all the details at opportunitylouisiana.com/incentives. LED FASTSTART The nation’s No. 1 workforce training program, FastStart creates customized employee recruiting, screening and training solutions—at no cost to eligible companies. ANGEL INVESTOR TAX CREDIT Up to a 25.2% tax credit for individual investors who invest in early stage, wealth-creating businesses that seek startup and expansion capital. COMPETITIVE PROJECTS PAYROLL INCENTIVE PROGRAM An incentive rebate of up to 15% of a participating company’s new payroll for up to 10 years, and a rebate of sales and use taxes on capital expenditures or a 1.2% project facility expense rebate. DIGITAL INTERACTIVE MEDIA AND SOFTWARE DEVELOPMENT INCENTIVE Up to a 35% refundable tax credit for in-state labor, coupled with up to a 25% refundable credit for eligible production expenses. ENTERPRISE ZONE Either a $3,500 or $1,000 tax credit for each certified net, new job created and either a 4% sales/ use tax rebate on capital expenses or 1.5% investment tax credit for qualifying expenses. INDUSTRIAL TAX EXEMPTION 100% property tax abatement for up to 10 years on a manufacturer’s new investment and annual capitalized additions. MOTION PICTURE INVESTOR TAX CREDIT Up to a 30% transferable tax credit for qualified production expenditures and an additional 10% tax credit for Louisiana labor expenditures.
MUSICAL AND THEATRICAL PRODUCTION TAX INCENTIVE A unique tax credit on qualified production or higher education infrastructure development expenditures with additional tax credits available for payroll. QUALITY JOBS Up to a 6% rebate on annual payroll expenses for up to 10 years and either a 4% sales/use tax rebate on capital expenses or a 1.5% investment tax credit for qualifying expenses. RESEARCH AND DEVELOPMENT TAX CREDIT A tax credit up to 40% to existing businesses with operating facilities in Louisiana to establish or continue research and development within the state. RESTORATION TAX ABATEMENT A 100% property tax abatement for up to 10 years for the rehabilitation of an existing structure. SOUND RECORDING INVESTOR TAX CREDIT An 18% tax credit issued as a rebate for qualified production expenditures on state-certified sound recording projects. TECHNOLOGY COMMERCIALIZATION CREDIT AND JOBS PROGRAM A refundable tax credit of 28.8% for companies that invest in the commercialization of Louisiana technology and a payroll rebate of 4.32% for the creation of new direct jobs.
SPECIAL PROGRAMS FOR SMALL BUSINESSES From entrepreneurial startups to small business growth and expansion, Louisiana offers a comprehensive array of educational, managerial and financial programs that cultivate small business opportunities. CEO ROUNDTABLES Peer groups that give executives the opportunity to discuss business practices and management strategies with other executives who deal with similar growth challenges. ECONOMIC GARDENING INITIATIVE Provides customized core business strategies, market research, qualified sales leads and improved Internet and technology tailored to your growing needs. HUDSON INITIATIVE Certification program offers greater access to purchasing and contracting opportunities at the state government level.
SMALL BUSINESS LOAN AND GUARANTY PROGRAM Provides loan guarantees to banks and other small business lenders in association with the SSBCI ranging from $5,000 to $1.5 million. SMALL AND EMERGING BUSINESS DEVELOPMENT PROGRAM Provides for developmental assistance, including entrepreneurial training, marketing, computer skills, accounting, legal and industry-specific assistance. VETERANS’ INITIATIVE Helps veteran-owned and service-connected disabled veteran-owned small businesses gain greater access to purchasing and contracting opportunities at the state level.
Daily-Report.com | BUSINESS REPORT, May 10, 2016
A27
2016 FACTBOOK
THE REGION
Conventions and meetings
280+
Number of conventions and meetings booked by Visit Baton Rouge in 2015
200,000
Number of attendees at conventions and meetings booked by Visit Baton Rouge in 2015
$4.4 million
Net occupancy tax collections for area hotels in 2015
100,000+
Room nights booked in area hotels by Visit Baton Rouge in 2015
HOSPITALITY
LIVING UP TO ITS southern reputation as a hospitality hub, the Capitol Region continues to develop new ways to provide visitors with a warm reception and a good time. With the fruits of a downtown renaissance spurring renewed investment in Baton Rouge’s hospitality infrastructure, downtown is booming with new hotels, living options and an invigorated culinary scene rivaling that of its Cajun neighbor in Lafayette and further south in the Big Easy. As the Mississippi River winds its way around the city’s boundaries, visitors enjoy scenic views with an eclectic blend of blues music, food and fun, making the Capital City a must for any traveler looking for a taste of Southern comfort.
Major hotels and resorts
Meeting and exhibition facilities
• • • • • • • • •
• Pete Maravich Assembly Center
• West Baton Rouge Conference Center
• The Baton Rouge River Center
• Ashley Manor Catering
• Lamar-Dixon Expo Center
• Drusilla Place Catering
• Crowne Plaza
• Louisiana’s Old State Capitol
Crowne Plaza Belle of Baton Rouge Casino and Hotel Hilton Baton Rouge Capitol Center L’Auberge Casino & Hotel Baton Rouge* The Renaissance Baton Rouge Hotel* The Baton Rouge Marriott The Cook Hotel and Conference Center at LSU The Clarion Inn and Conference Center White Oak Plantation
* AAA Four Diamond Award
• L’Auberge Casino & Hotel Baton Rouge • Belle of Baton Rouge Casino and Hotel • Hilton Baton Rouge Capitol Center • Nottoway Plantation & Resort • LSU Museum of Art • The Renaissance of Baton Rouge Hotel • The Capitol Park Museum
Nottoway Plantation and Resort A28
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
• Baton Rouge Marriott
• The Cook Hotel and Conference Center at LSU • Clarion Inn and Conference Center • Old Governor’s Mansion • White Oak Planation • Reflections • The Echelon Center • The Lyceum Ballroom • Boudreaux’s Catering
Sporting events
50
Number of sporting events brought to Baton Rouge by the Baton Rouge Area Sports Foundation and Visit Baton Rouge in 2015
118,151
Number of travelers brought in by those sporting events in 2015
$34.1 million
Economic impact of sporting events—a record in the Baton Rouge Area Sports Foundation’s 22-year history
Major sporting events in 2015:
The Louisiana Marathon, Purple and Gold Gymnastics Championships, USSSA Baseball tournaments, the United Cup Soccer Tournament and Deep South Bayou Duals Wrestling tournament
HB-BR-4.25x10.5-PQ.pdf
1
5/3/16
2:51 PM
OWEN SWEENEY
Lady Antebellum
AL WAGNER/INVISION/AP
On the calendar Major upcoming events Bayou Country Superfest May 27-29 The annual event in Tiger Stadium is known nationally for bringing country music’s biggest acts all to one place for the Memorial Day weekend. This year, headliners include Luke Bryan, Jason Aldean and Eric Church, with other performers such as Darius Rucker, Lady Antebellum and Dierks Bentley.
C
M
Y
CM
MY
CY
CMY
K
Darius Rucker
Louisiana Marathon Jan. 15, 2017 The Louisiana Marathon is a nationally recognized, three-day running festival that showcases the sport of running with the passion of Louisiana music, cuisine and art. Races include the Louisiana Marathon, the Louisiana Half Marathon, the Louisiana Quarter Marathon, the Louisiana 5K and The Louisiana Kids Marathon. In 2015, the race was recognized as a “top 10 race to beat the winter blues” by Runner’s World. The marathon raises charitable contributions for a variety of organizations both locally and nationally.
Daily-Report.com | BUSINESS REPORT, May 10, 2016
A29
Charge
up your
business
Place your company’s message in the most electric issue of the year. Business Report’s
TOP 100 PRIVATE COMPANIES Coming in JULY
Contact SHARON WRIGHT at 225.928.1700 to place your ad! A30
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
2016 FACTBOOK
PARISH PROFILES
EAST BATON ROUGE POPULATION: 446,753
TOP EMPLOYERS
MEDIAN HOUSEHOLD INCOME: $48,535
NO. OF EMPLOYEES
EAST BATON ROUGE PARISH
POPULATION
< 18 YRS.
22.8% 23.9%
> 65 YRS.
4,670,724
+1.5%
WHITE
48.9% 63.4%
+3.0%
BLACK
46.2% 32.5%
$166,800 $140,400
191,203 2,010,868 HOUSING UNITS
446,753
2015 ESTIMATE % CHANGE 4/2010 - 7/2015
12.4% 13.6%
LOUISIANA
HOMEOWNERSHIP RATE 2009-2013 60% 66.3%
12,087 BUSINESS QUICK FACTS 104,375 Private nonfarm establishments, 2013
MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014
FEMALE
52.1% 51.1%
$48,535 $44,991 BACHELOR’S DEGREE OR HIGHER
MEDIAN HOUSEHOLD INCOME 2010-2014
PERSONS 25+
Turner Industries Group LSU System Performance Contractors Our Lady of the Lake Regional Medical Center Exxon Mobil Corp. Baton Rouge General Medical Center AT&T CB&I EXCEL Group Blue Cross and Blue Shield of Louisiana MMR Group Woman’s Hospital Valluzzo Companies Cox Communications McDonald’s of Baton Rouge Southern University Dow Chemical Co. James Construction Group Boh Brothers Construction Cajun Industries
9,875 6,250 5,500 4,500 4,214 4,000 3,000 2,500 2,500 2,203 2,200 1,800 1,700 1,600 1,598 1,500 1,404 1,227 1,200 1,200
34.1% 22.1%
249,626 1,687,956
6.7% 2.7%
36,253 348,367
1,464 15,255
455.37 43,203.90
Private nonfarm employment, 2013
Private nonfarm employment, percent change, 2012-2013
Nonemployer establishments, 2013
Building permits, 2014
Land area, square miles, 2010
Source: US Census Bureau State & County QuickFacts, Baton Rouge Area Chamber, Pinnacle Entertainment
Daily-Report.com | BUSINESS REPORT, May 10, 2016
A31
Issue Date: 5-10-16 MFB Ad proof #2
• Please respond by e-mail or fax with your approval or minor revisions. • AD WILL RUN AS IS unless approval or final revisions are received by the close of business today. • Additional revisions must be requested and may be subject to production fees. Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS
2016 FACTBOOK
PARISH PROFILES
This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329
, REAL ESTATE MANAGEMENT, LLC
Sales • Leasing • Counseling • Property Management
ASCENSION
POPULATION: 119,455
Site Selection. Tenant Representation.
MEDIAN HOUSEHOLD INCOME: $70,207
POPULATION ASCENSION PARISH
119,455
2015 ESTIMATE % CHANGE 4/2010 - 7/2015
New Orleans 504-525-0190 < 18 YRS.
> 65 YRS.
27.6% 23.9%
WHITE
74.1% 63.4%
10.2% 13.6%
BLACK
22.9% 32.5%
44,102 2,010,868 HOUSING UNITS
FEMALE
50.7% 51.1%
HOMEOWNERSHIP RATE 2010-2014 80.19% 66.3%
A targeted approach to your advertising June 7 Industry
$166,300 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014
List: Heavy Equipment Dealers Deadline: May 25
$70,207 $44,991
June 21 Insurance Report
List: Property & Casualty Insurance Co. List: Workers’ Comp Deadline: June 9
CONTACT Sharon Wright @ 421-8133 | swright@businessreport.com A32
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
+3.0%
TOP EMPLOYERS
snappy@snappyjacobs.com
FOCUS
4,670,724
+11.4%
Baton Rouge 225-381-0105 www.snappyjacobs.com
LOUISIANA
BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 25.8% 22.1%
MEDIAN HOUSEHOLD INCOME 2010-2014
NO. OF EMPLOYEES
BASF Corp. Parish of Ascension CF Industries Wal-Mart Stores Shell Chemical LeBlanc’s Food Store St. Elizabeth Hospital
1,047 744 700 700 650 600 489
BUSINESS QUICK FACTS 35,665 +7.4% 1,687,956 +2.7% Private nonfarm employment 2013
Private nonfarm employment, percent change, 2012-2013
2,094 7,976 104,375 348,367 Private nonfarm establishments 2013
Nonemployer establishments, 2013
926 15,255
289.98 43,203.90
Building permits, 2014
SOURCE: U.S. Census Bureau: State and County QuickFacts, Baton Rouge Area Chamber
Land area in square miles
EAST FELICIANA POPULATION: 19,696
IBERVILLE
MEDIAN HOUSEHOLD INCOME: $46,220
POPULATION: 33,095
MEDIAN HOUSEHOLD INCOME: $45,692
POPULATION EAST FELICIANA PARISH
LOUISIANA
19,696
2015 ESTIMATE % CHANGE 4/2010 - 7/2015
POPULATION
4,670,724
-2.8%
+3.0%
IBERVILLE PARISH
33,095
2015 ESTIMATE % CHANGE 4/2010 - 7/2015
19.5% 23.9%
WHITE
53.7% 63.4%
15.9% 13.6%
BLACK
44.1% 32.5%
8,166 2,010,868 HOUSING UNITS
FEMALE
46.4% 51.1%
HOMEOWNERSHIP RATE 2010-2014 79.1% 66.3%
$128,000 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014
$46,220 $44,991 BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 12.9% 22.1%
MEDIAN HOUSEHOLD INCOME 2010-2014
Louisiana Dept. of Health and Hospitals Dixon Correctional Institute E. Louisiana State Mental Health System Feliciana Home Health Veterans Affairs Department Louisiana War Veterans Home Grace Health & Rehab Center Capital Area Technical College Screening Systems International
600 459 250 200 200 183 140 100 100
BUSINESS QUICK FACTS 3,305 +0.9% 1,687,956 +2.7% Private nonfarm employment 2013
Private nonfarm employment, percent change, 2012-2013
1,261 247 104,375 348,367 Private nonfarm establishments 2013
Nonemployer establishments, 2013
48 15,255
453.41 43,203.90
Building permits, 2015
Land area in square miles
+3.0%
TOP EMPLOYERS
NO. OF EMPLOYEES
> 65 YRS.
4,670,724
-0.9%
TOP EMPLOYERS < 18 YRS.
LOUISIANA
< 18 YRS.
> 65 YRS.
21.7% 23.9%
WHITE
49.4% 63.4%
13.6% 13.6%
BLACK
49.0% 32.5%
13,004 2,010,868 HOUSING UNITS
FEMALE
48.8% 51.1%
HOMEOWNERSHIP RATE 2010-2014 75.7% 66.3%
$105,300 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014
$45,692 $44,991 BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 12.7% 22.1%
SOURCE: U.S. Census Bureau: State and County QuickFacts, Baton Rouge Area Chamber
MEDIAN HOUSEHOLD INCOME 2010-2014
NO. OF EMPLOYEES
Dow Chemical 2,200 La. Dept. of Public Safety and Corrections 1,200 Syngenta Crop Protection 745 Parish of Iberville (Police Protection) 315 Axiall 300 Maintenance Enterprise II 300 Crown Enterprises 250 La. Dept. of Military Affairs 250 Louisiana State University System 205 National Institutes of Health 167
BUSINESS QUICK FACTS 9,784 +7.9% 1,687,956 +2.7% Private nonfarm employment 2013
Private nonfarm employment, percent change, 2012-2013
2,157 527 104,375 348,367 Private nonfarm establishments 2013
Nonemployer establishments, 2013
95 15,255
618.63 43,203.90
Building permits, 2014
Land area in square miles
Daily-Report.com | BUSINESS REPORT, May 10, 2016
A33
2016 FACTBOOK
PARISH PROFILES
POINTE COUPEE
LIVINGSTON POPULATION: 137,788
MEDIAN HOUSEHOLD INCOME: $57,478
POPULATION: 22,251
MEDIAN HOUSEHOLD INCOME: $46,158
POPULATION LIVINGSTON PARISH
LOUISIANA
137,788
2015 ESTIMATE % CHANGE 4/2010 - 7/2015
POPULATION
4,670,724
+7.6%
+3.0%
POINT COUPEE PARISH
22,251
2015 ESTIMATE % CHANGE 4/2010 - 7/2015
> 65 YRS.
26.3% 23.9%
WHITE
91.4% 63.4%
11.6% 13.6%
BLACK
6.3% 32.5%
53,715 2,010,868 HOUSING UNITS
FEMALE
50.6% 51.1%
HOMEOWNERSHIP RATE 2010-2014 80.4% 66.3%
$151,100 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014
$57,478 $44,991 BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 17.3% 22.1%
A34
MEDIAN HOUSEHOLD INCOME 2010-2014
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
NO. OF EMPLOYEES
1,000
Wal-Mart Stores CB&I
600
Ferrara Fire Apparatus
400
Bass Pro Inc.
350
Acm Leasing
200
Global Scaffold Construction Services 200 Waste Management Holdings
200
OLOL Livingston
200
BUSINESS QUICK FACTS 19,448 +2.0% 1,687,956 +2.7% Private nonfarm employment 2013
Private nonfarm employment, percent change, 2012-2013
1,654 8,757 104,375 348,367 Private nonfarm establishments 2013
Nonemployer establishments, 2013
703 15,255
648.17 43,203.90
Building permits, 2014
Land area in square miles
4,670,724
-2.4%
+3.0%
TOP EMPLOYERS
TOP EMPLOYERS < 18 YRS.
LOUISIANA
NO. OF EMPLOYEES
< 18 YRS.
> 65 YRS.
23.0% 23.9%
WHITE
62.5% 63.4%
18.2% 13.6%
BLACK
35.6% 32.5%
11,287 2,010,868 HOUSING UNITS
FEMALE
52.0% 51.1%
HOMEOWNERSHIP RATE 2010-2014 77.5% 66.3%
NRG Nan Ya Plastics Corp., America Louisiana Dept. of Military Affairs Wal-Mart Stores Pointe Coupee General Hospital Lakeview Manor Inc. Town of New Roads Magnolia Management
BUSINESS QUICK FACTS 4,164 -1.1% 1,687,956 +2.7% Private nonfarm employment 2013
$115,300 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014
$46,185 $44,991 BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 12.6% 22.1%
SOURCE: US Census Bureau State & County QuickFacts, Baton Rouge Area Chamber
MEDIAN HOUSEHOLD INCOME 2010-2014
325 150 136 135 130 125 108 100
Private nonfarm employment, percent change, 2012-2013
1,447 370 104,375 348,367 Private nonfarm establishments 2013
Nonemployer establishments, 2013
54 15,255
557.35 43,203.90
Building permits, 2014
Land area in square miles
Issue Date: 3.1.16 Ad proof #1
• Please respond by e-mail or fax with your approval or minor revisions. • AD WILL RUN AS IS unless approval or final revisions are received by the close of business today. • Additional revisions must be requested and may be subject to production fees. Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329
Together, we’ll make 2016 the best year ever CAPITOL Buick-GMC
ST. HELENA POPULATION: 10,567
225-293-3500 | www.capitolbuick.com 11055 Airline Hwy, Baton Rouge, LA 70816
MEDIAN HOUSEHOLD INCOME: $35,262
POPULATION ST. HELENA PARISH
LOUISIANA
10,567
2015 ESTIMATE % CHANGE 4/2010 - 7/2015
4,670,724
-5.7%
+3.0%
TOP EMPLOYERS < 18 YRS.
> 65 YRS.
22.5% 23.9%
WHITE
45.3% 63.4%
17.6% 13.6%
BLACK
53.0% 32.5%
5,159 2,010,868 HOUSING UNITS
FEMALE
NO. OF EMPLOYEES
Northshore Technical College
233
Judiciary Courts of the State of La.
125
Southland Steel Fabricators Inc.
100
Parish of St. Helena
90
Saint Helena Nursing Home
75
Amerchol Corp.
50
HOMEOWNERSHIP RATE 2010-2014
$83,400 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014
BUSINESS QUICK FACTS 1,146 -2.4% 1,687,956 +2.7% Private nonfarm employment 2013
$35,262 $44,991 MEDIAN HOUSEHOLD INCOME 2010-2014
Private nonfarm employment, percent change, 2012-2013
787 119 104,375 348,367 Private nonfarm establishments 2013
8.9% 22.1%
225-295-2998 | www.capitolmack.net 11055 Airline Hwy, Baton Rouge, LA 70816
CAPITOL Freightliner
51.5% 51.1%
82.6% 66.3%
BACHELOR’S DEGREE OR HIGHER PERSONS 25+
CAPITOL Mack
0 15,255
Building permits, 2014
SOURCE: US Census Bureau State & County QuickFacts, Baton Rouge Area Chamber
Nonemployer establishments, 2013
408.40 43,203.90 Land area in square miles
225-295-2929 | www.capitoltrucksllc.com 4747 Sherwood Common Blvd. Baton Rouge, LA 70816 Concrete Products (Block, Pipe, and Culverts)
Concrete and Steel (Crane Rental and Rigging)
Truck Service
(Common Carrier)
225-344-9074 | capitolcompaniesgroup.com 17321 Airline Hwy. | Prairiville, La 70769 Daily-Report.com | BUSINESS REPORT, May 10, 2016
A35
Issue Date: 5.10.16 (MFB) Ad proof #1
• Please respond by e-mail or fax with your approval or minor revisions. • AD WILL RUN AS IS unless approval or final revisions are received by the close of business today. • Additional revisions must be requested and may be subject to production fees. Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS
2016 FACTBOOK
PARISH PROFILES
This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329
RICKY HILL
ccim
COMMERCIAL REAL ESTATE SALES & LEASING
WEST BATON ROUGE POPULATION: 25,490 MEDIAN HOUSEHOLD INCOME: $49,202
POPULATION
EXPERIENCE. INTEGRITY. SERVICE. rhill@latterblum.com • 225.295.0800 10455 Jefferson Hwy., Ste. 200 Baton Rouge, LA 70809-7248
WEST BATON ROUGE PARISH
LOUISIANA
25,490
2015 ESTIMATE % CHANGE 4/2010 - 7/2015
4,670,724
+7.2%
+3.0%
Issue Date: 5.10 Ad1 www.latterblum.com proof #4
• Please respond by e-mail or fax with your approval or minor revisions. • AD WILL RUN AS IS unless approval or final Licensed by therevisions Louisiana Real Estate Commission. are received by the close of business today. • Additional revisions must be requested and may be subject to production fees. Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2015. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329
TOP EMPLOYERS < 18 YRS.
24.1% 23.9%
WHITE
59.6% 63.4%
Doctor’s office keeping you waiting?
(800) 256-3947
Choices Family Medical Clinics
6681 Sullivan Road Greenwell Springs, LA 70739 www.choicesfamilymc.com info@choicesfamilymc.com
E-Visits are now available! A36
• Schedule personalized medical house or office calls. • Wellness exams, follow-up care, routine care, medication management and much more. • By high-quality, board-certified professionals. • Appointments: Monday-Saturday, 8:00am-5:00pm. • Medicare and most other commercial insurances accepted.
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
12.0% 13.6%
BLACK
38.5% 32.5%
10,059 2,010,868 HOUSING UNITS
FEMALE
51.0% 51.1%
HOMEOWNERSHIP RATE 2010-2014 69.6% 66.3%
Avoid Uncomfortable Waiting Rooms for Routine Visits
We Bring the Clinic to You
> 65 YRS.
NO. OF EMPLOYEES
Turner Industries Piping Scaffolding Rental & Erection Services Petrin Corp. Trinity Marine Wal-Mart Stores Westgate Electrical & Instrumentation Shintech Placid Refining Company
BUSINESS QUICK FACTS 11,049 +4.4% 1,687,956 +2.7% Private nonfarm employment 2013
$149,500 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014
$49,202 $44,991 BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 18.0% 22.1%
MEDIAN HOUSEHOLD INCOME 2010-2014
571 460 375 370 350 350 222 210
Private nonfarm employment, percent change, 2012-2013
1,623 544 104,375 348,367 Private nonfarm establishments 2013
Nonemployer establishments, 2013
240 15,255
192.39 43,203.90
Building permits, 2014
Source: US Census Bureau State & County QuickFacts, Baton Rouge Area Chamber
Land area in square miles
WE BUILD
incredible MOBILE APPS
WEST FELICIANA POPULATION: 15,385
MEDIAN HOUSEHOLD INCOME: $53,967
for iOS and Android devices
POPULATION WEST FELICIANA PARISH
LOUISIANA
15,385
2015 ESTIMATE % CHANGE 4/2010 - 7/2015
4,670,724
-1.5%
+3.0%
TOP EMPLOYERS < 18 YRS.
> 65 YRS.
16.5% 23.9%
WHITE
52.9% 63.4%
12.6% 13.6%
BLACK
45.9% 32.5%
5,254 2,010,868 HOUSING UNITS
FEMALE
34.1% 51.1%
HOMEOWNERSHIP RATE 2010-2014 73.9% 66.3%
NO. OF EMPLOYEES
Louisiana State Penitentiary 1,500 Entergy Operations 700 West Feliciana Parish School District 410 KPAQ Industries 200 The Bluffs Limited Partnership 100 West Feliciana Parish Hospital 100 G4S Secure Solutions (USA) Inc. 85 Science App. International Corp. 82
BUSINESS QUICK FACTS 2,666 -0.2% 1,687,956 +2.7% Private nonfarm employment 2013
$166,000 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014
BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 19.1% 22.1%
MEDIAN HOUSEHOLD INCOME 2010-2014
- Public Affairs Research Council of Louisiana
759 191 104,375 348,367 Private nonfarm establishments 2013
$53,967 $44,991
Private nonfarm employment, percent change, 2012-2013
“We evaluated several mobile development platforms and Cyber Fision was very responsive with providing great ideas for our needs. Ensuring a strong user experience was key for us, and using Cyber Fision we were able to restructure this compelling app.”
240 15,255
Building permits, 2014
Source: US Census Bureau State & County QuickFacts, Baton Rouge Area Chamber
Nonemployer establishments, 2013
403.21 43,203.90 Land area in square miles
MOBILE APP DEVELOPMENT - WEBSITE DEVELOPMENT - INTERNET MARKETING
Cyber Fision Inc. - 8000 Innovation Park Dr., Baton Rouge, LA 70820 225-800-6565 - info@cyberfision.com - http://cyberfision.com Daily-Report.com | BUSINESS REPORT, May 10, 2016
A37
2016 FACTBOOK
BUSINESS RESOURCE GUIDE
GETTING DOWN TO BUSINESS
Everything you need to know about starting a company in Louisiana.
1. CHOOSE A STRUCTURE
law as an entity. It has a life separate One of the first steps in forming any from its owners or stockholders. new business is to determine the type Many corporations begin as sole of business structure you will use. proprietorships or partnerships. There are several structures to choose • Limited liability company: An from, including sole proprietorship, entity that is an unincorporated partnership, corporation, limited liability association having one or more company and limited liability partnership. members organized and filing articles Each has advantages and disadvantages with the secretary of state. It is as well as tax consequences. You designed to provide the limited liability may wish to consult a tax practitioner, features of a corporation and the tax accountant, attorney or other resource. efficiencies and operational flexibility of To operate in Louisiana, register as one a partnership. of the following: • Foreign corporation: A corporation • Individual or sole proprietorship: A organized outside the state may obtain business where only you, or your spouse, a certificate of authority in Louisiana by own the business, even though you may filing an application with the secretary have employees. Issue Date: 5/10/16 Ad proof #3 of state’s corporations section and • Partnership: A business where two or • Please respondown by e-mail or fax with your approval or minor revisions. by appointing a registered agent to more people the business jointly. • AD WILL RUN AS IS unless approval or final revisions accept service of process. • Corporation: A business treated by are received by the close of business today.
2. DEVELOP A BUSINESS PLAN
A business plan defines your business, identifies your goal and serves as your firm’s résumé. The components include a current and pro forma balance sheet, an income statement and a cash flow analysis. Start with the Small Business Development Center nearest you to develop a plan.
• Additional revisions must be requested and may be subject to production fees.
Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329
225 .757. 5577 | W W W.GWOLIVER .COM
A38
BUSINESS REPORT, May 10, 2016 | BusinessReport.com
Baton Rouge Area Chamber What: Publishes a small business guide. Phone: 225-381-7125 Web: brac.org Dixie Business Center What: Offers free counseling and business plan guides Phone: 225-655-0809 Web: dixiebusinesscenter.org
Louisiana Economic Development What: Publishes a resource guide. Phone: 225-342-3000 Web: opportunitylouisiana.com LSBDC at Southern University Baton Rouge What: Publishes a business plan guide. Phone: 225-774-9213 Web: lsbdc.org LSBDC Technology Center What: Publishes a business plan guide and assists in developing personal business plan. Phone: 225-578-4842 Web: lsbdc.org LSU’s Stephenson Entrepreneurship Institute What: Offers business plan guide and management consultation Phone: 225-578-0313 Web: business.lsu.edu/StephensonEntrepreneurship-Institute Service Corps of Retired Executives [SCORE] What: Publishes a guide and hosts workshops, which aids in developing a business plan. Phone: 225-381-7130 Web: batonrougearea.score.org/
3. CHOOSE A NAME
Before you submit articles of incorporation, articles of organization and trade names, the Secretary of State’s Office recommends you conduct a preliminary check of the corporation or trade name. If the name you want is available, you should formally reserve it with the Secretary of State’s Office or wait for confirmation of your filing before obtaining stationery, business cards, phone listings, etc. Secretary of State What: Preliminary checks and formal reservations for corporation or trade name. Names can be reserved for a fee of $25 and a period of 60 days. Two 30-day extensions are available upon request. Phone: 225-925-4704 Web: sos.louisiana.gov Note: If you are an existing business coming to Louisiana from out of state and you have a trade name/trademark/ service mark filed with the U.S. Patent and Trademark Office, you should contact an attorney. Filings with the Louisiana Secretary of State’s Office are not cross-checked.
4. REGISTER YOUR BUSINESS
Small Business Administration IssuePublishes Date: 5-10-16 Adguide. proof #3 What: a business plan • Please respond by e-mail or fax with your approval or minor revisions. Phone: 504-589-6685 • AD WILL RUN AS IS unless approval or final revisions Registration is required on local and Web: sba.gov are received by the close of business today. • Additional revisions must be requested and may be subject to production fees.
state levels for businesses before they can operate.
his or her Social Security number. All other businesses must apply for a federal EIN.
East Baton Rouge Parish Clerk of Court What: Registration is required in the parish where an entity is doing business for unincorporated businesses such as sole proprietorships. Phone: 225-389-3960 Web: ebrclerkofcourt.org
City-Parish Finance Department Revenue Division What: Contact for information regarding local sales tax policies and requirements. Phone: 225-389-3061 Web: brgov.com/Dept/finance/
Louisiana Department of Revenue What: Registration is required for any business engaging in sales of any kind. Phone: 855-307-3893 Web: rev.louisiana.gov Office of the Secretary of State What: Registration is required for corporations, partnerships and limited liability companies. Phone: 225-925-4704 Web: sos.louisiana.gov
5. OBTAIN AN EIN AND TAX INFO
An employer identification number, or EIN, is also known as a taxpayer identification number, or TIN. A sole proprietorship that has no employees (and files no excise or pension tax returns) and an LLC with a single owner (where the owner will file employment tax returns) are the only businesses that do not need an employer identification number. The sole proprietor uses
Internal Revenue Service What: EINs for those businesses needing to file form SS-4, Application for Employer Identification Number. Information is also available on income tax withholding and federal unemployment tax forms. Phone: 225-343-8625 Web: irs.gov Louisiana Department of Revenue and Taxation What: Contact for state sales tax registration, state ID number and income tax withholding. Phone: 225-219-7356 [sales], 225219-0102 [income] Web: rev.louisiana.gov
6. SELECT A LOCATION
Consider the nature of your service or product and your target market when choosing a location. While retail businesses may desire visibility or easy access for walk-in trade, wholesalers and distributors typically need more space at a lower cost per square foot and truck or loading access. Business and
Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329
TO THE CITY OF
Central LOUISIANA
WE ’ R E OP E N FOR BU S I N E SS • R ATE D 2 N D - B E ST S C H O O L SYSTE M I N LO UI S I ANA EASILY ACCE SS IB LE – J UST M INU T E S F R O M I -1 2 , TH E A I R P O RT, D OW N TOW N • UNI Q UE Q UAL I TY O F L I F E D E VOT E D TO WOR K FO R C E D E V E LO P M E N T • L AC B D S I T E S E L E C TOR AVAI L AB L E
C E N T R A L E CO N O M I C D E V E LO P M E N T | 2 2 5 . 2 6 1 . 5 9 8 8 | W W W. D I S COV E R C E N T R A L . N E T Daily-Report.com | BUSINESS REPORT, May 10, 2016
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professional services tend to look for office buildings or professional centers. You can find searchable databases online with information on available properties. Certificates of occupancy are also issued by the local or parish government upon determination your type of business is located in the proper zone.
Phone: 225-342-3000 Web: opportunitylouisiana.com
7. OBTAIN PERMITS/ LICENSES
Proper federal, state and local business licenses and permits allowing a legal entity to operate in Louisiana must be obtained before the start of business, including permits, occupational licenses and certificates of occupancy.
City of Baker Inspections Division What: Mandatory zoning clearance/ inspections are required along with a business’s physical address. Physical address, survey map, legal description of property, scale of layout proposal and various fees are required for application to change zoning. Phone: 225-778-0850 [Inspections Division], 225-775-5584 [Public Works] Web: cityofbakerla.com/inspections. html City of Central Municipal Services What: Mandatory zoning clearance/ inspections are required along with a business’s physical address. Physical address, survey map, legal description of property, scale of layout proposal and various fees are required for application to change zoning. Phone: 225-262-5000 Web: centralgov.com City-Parish Department of Public Works Inspections Division What: Mandatory zoning clearance/ inspections are required along with a business’s physical address. Physical
Geauxbiz.com What: Streamlines registration, licensing, permitting and tax process and can direct you to the proper state and local licensing and taxing authorities. Phone: 225-925-4704 Web: sos.la.gov
address, survey map, legal description of property, scale of layout proposal and various fees are required for application to change zoning. Phone: 225-389-3226 [Inspections Division], 225-389-3158 [Public Works] Web: brgov.com/dept/dpw/inspections City of Zachary Inspections Division What: Mandatory zoning clearance/ inspections are required along with a business’s physical address. Physical
address, survey map, legal description of property, scale of layout proposal and various fees are required for application to change zoning. Phone: 225-654-6873 [Inspections] Web: cityofzachary.org/inspections Louisiana Economic Development What: Provides databases on sites and buildings, parishes and communities, geospatial data, geographic suitability and featured megasites.
ENVIRONMENTAL Department of Environmental Quality What: A range of licenses and permits is granted to businesses in compliance with state and federal regulations. Its Small Business Assistance Program is a non-regulatory, non-enforcement program to help business owners comply with state and federal regulations. Phone: 225-219-3263 Web: deq.louisiana.gov/portal Environmental Protection Agency What: Oversees all federal
It’s no secret that since P&N’s founding, our people have set us apart. Here in Baton Rouge, we’re the largest area CPA firm, with more than 300 professionals delivering diverse, innovative services to local, regional, national and international clients. Many of our team members also grew up and went to school here. So it’s no surprise that we’re deeply committed to making our home the best it can be by participating in more than 75 community organizations and events annually. We believe that Everyone Counts, Every Day... to our community, our clients, our firm and our profession.
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environmental legislation and has jurisdiction over the issuance of various permits and licenses, though this jurisdiction does not extend over all states for all matters. Phone: 214-665-2200 or toll-free 800887-6063 Web: epa.gov Office of Environmental Services What: Oversees permits, licenses, registrations, certifications, authorizations, pre-permit meetings, small business assistance, customer assistance, outreach, complaints, and community relations. Phone: 225-219-3181 Web: deq.louisiana.gov/portal/ tabid/2229/Default.aspx FOOD/BEVERAGE City of Baker ABC Office What: Businesses selling alcohol must contact the appropriate local office for requirements and fees. Phone: 225-778-1751
What: Business address, zoning clearance and fees are required from businesses that will sell food and/or alcohol. Phone: 225-242-4860, ext. 5 Web: dhh.louisiana.gov/index.cfm/ page/632/n/228
What: Local occupational license determined by type of business. Requirements include picture ID and corporate charter/partnership agreement and fees, which vary. Phone: 225-389-3084 Web: brgov.com/Dept/finance/
Office of Alcohol and Tobacco Control What: Any business selling beer, liquor or tobacco must obtain a state alcoholic beverage and/or tobacco license. Phone: 225-925-4041 Web: atc.rev.state.la.us
Occupational Safety and Health Administration What: Requires no licenses or permits, but employers must display a poster describing relevant rights and responsibilities. Most employers must keep a log of work-related injuries and illnesses, which must be accessible to employees. Phone: (202) 693-1999 Web: osha.gov
GENERAL City of Baker Finance Department What: Local occupational license determined by type of business. Requirements include picture ID and corporate charter/partnership agreement and fees, which vary. Phone: 225-778-1751 Web: cityofbakerla.com/finance.html
City-Parish Attorneyâ&#x20AC;&#x2122;s Office of Alcoholic Beverage Control What: Businesses selling alcohol must contact the appropriate local office for requirements and fees. Phone: 225-389-3364 Web: brgov.com/dept/parishattorney/ abc.htm
City of Central Municipal Services What: Local occupational license determined by type of business. Requirements include picture ID and corporate charter/partnership agreement and fees, which vary. Phone: 225-262-5000 Web: centralgov.com/Depts/PZ/ licenses.html
East Baton Rouge Parish Health Unit Sanitation Section
City-Parish Finance Department Revenue Division
MEC_BTR_BRBR_hlfpg_horiz_city2.pdf
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HOSPITAL/NURSING HOME/ CHILD CARE Bureau of Health Services Financing What: Certificates of need are prerequisites for the issuance of a hospital or nursing home license. Phone: 225-342-3543 Web: la.gov Department of Social Services What: Licenses are required before a day-care center may be opened. Phone: 225-342-0286 Web: dss.state.la.us/
Louisiana Department of Health and Hospitals, Division of Health Standards What: Licensing by the state is required before a hospital or nursing home may be opened. Phone: 225-342-0415 Web: dhh.louisiana.gov/
8. SECURE FINANCING
If you are a small business and are unable to obtain sufficient funding through personal and family sources, the U.S. Small Business Administration offers several types of loans to prospective small business owners: loans made by private lenders [usually banks] that are guaranteed by the SBA. The SBA is not a bank, but extends guarantees or participation when a bank is unable or unwilling to provide the small businessâ&#x20AC;&#x2122;s entire financing by itself. Prior to applying for financial assistance, a prospective small business owner must prepare a business plan, which should identify a market, choose a location, determine capital requirements, project cash flow, establish a credit rating and outline the nature and principles of the
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business. Loans, venture capital and financing programs are also provided by various state and local agencies.
U.S. Small Business Administration What: Provides financial assistance, including 7[a] Loan Guaranty Programs, SBA 504 Loan Programs, Community Express Pilot Loan Programs and 7[m] Microloan Programs. Phone: 504-589-6685 Web: sba.gov
Gulf Coast BIDCO What: Limited-purpose bank [business and industrial development corporation] that makes business loans but does not take deposits or lend to individual customers. Phone: 225-922-7717 Source BIDCO Corp. What: Limited-purpose bank [business and industrial development corporation] that makes business loans but does not take deposits or lend to individual customers. Phone: 225-922-7411 Downtown Development District What: Offers programs to encourage new businesses to move downtown, including Downtown Low Interest Loan Program, Historic Rehabilitation Tax Credit, Five-Year Property Tax Abatement on Improvement to Structures, Downtown Storefront Grant Program and Economic Development Zone. Phone: 225-389-5520 Web: downtownbatonrouge.org
9. CHOOSE KEY VENDORS
Whatever its size, certain basic services and suppliers will be critical to your business, including legal services, banking and accounting, and insurance. Venture Capital Match Program, Venture Capital Co-Investment Program, Minority Venture Capital Match Program, BIDCO Investment Program, Specialty BIDCO Investment Program and Seed Capital Investment Program. Phone: 225-342-3000 Web: opportunitylouisiana.com
City-Parish Office of Community Development What: Coordinates municipal programs designed to foster community and business development, including administration of the Restoration Tax Abatement Louisiana Economic Development Program, a state program allowing What: Provides financial guidance businesses that fix up old buildings to pay including: Small Business Loan Program, Issue Date: 3.15.16 Ad proof Business Linked Deposit Program, Micro- #2property taxes at the pre-approved rate • Please respond Contact by e-mail orLoan fax with your approval or minor for revisions. at least five years. loan Program, Program • AD WILL RUN AS IS unless approval or final revisions Phone: 225-389-3039 and Ex-Im Bank City/State Program. are received by the close of business today. Web: brgov.com/dept/ocd/ It• helps withrevisions venture capital through Additional must be requested and may be subject to production fees.
Rural Development State Office What: Finances programs that provide leadership in building competitive businesses and sustainable cooperatives, that help build healthy communities offering decent and affordable housing and essential services and that lead rural communities in improving the quality of life by administering their electric, telecommunication, water and waste programs. Phone: 318-473-7921 Web: rd.usda.gov/la Small Business Investment Companies What: Privately owned, managed, empowered and licensed by the SBA to provide institutional sources of venture capital for small businesses. Phone: 225-408-3000 Web: stonehengecapital.com
Louisiana Bankers Association What: A financial institution will help you handle all of the transactional necessities of doing business. Phone: 225-387-3282 Web: lba.org Louisiana Department of Insurance What: Can help you learn more about your insurance needs as a business, including liability and other standard coverages. Phone: 225-342-5900 Web: ldi.state.la.us Louisiana Society of CPAs What: Accounting advice and record-keeping are essential for doing business. Phone: 504-464-1040 Web: lcpa.org
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Louisiana State Bar Association What: An attorney will be able to help you comply with the law, check out a business opportunity, prepare legal documents and negotiate deals. Phone: 504-566-1600 Web: lsba.org
Occupational Safety and Health Administration What: Information on federal laws and regulations regarding working conditions and employee safety. Phone: 225-298-5458 Web: osha.gov
Office of Workers’ Compensation What: Can help you learn more about your insurance needs as a business, including workers’ compensation insurance. Phone: 225-342-7555 Web: laworks.net
U.S. Department of Labor What: Information on legal requirements and standards about minimum wage, employee compensation and employer record-keeping. Phone: 504-589-6171 Web: dol.gov
10. KNOW THE LAWS
Starting and operating a business comes with a slew of strings attached. While we can’t print every law for you, here are a few categories along with resources to help you swim through the rest. FEDERAL Foreign Trade Zone What: Information on tax exemption and duties for goods exchanged in the Foreign Trade Zone. Local example: Greater Baton Rouge Port Commission Phone: 225-342-1660/504-342-5388 International Trade Division What: Information on trade laws and tax exemption for imported items. Phone: 225-342-5361 Web: trade.gov
U.S. Securities and Exchange Commission What: Information on capital formation and federal securities law. Phone: 202-942-8088 Web: sec.gov
U.S. Equal Employment Opportunity Commission What: Information on federal and equal opportunity laws about hiring, firing, recruitment, promotion and retention of employees. Phone: 504-589-2329 Web: eeoc.gov U.S. Food and Drug Administration What: Information on federal regulations and the production, marketing, transporting, handling and sale of foods, drug products, medical devices, cosmetics, biologics and veterinary products. Phone: 888-463-6332 Web: fda.gov U.S. Patent and Trademark Office What: Information on applying for a registered patent, brand name or trademark. Phone: 800-786-9199 Web: uspto.gov
LOCAL City-Parish Department of Public Works What: Plans for new or renovated buildings must be approved, and on-site inspections may be required. Phone: 225-389-3158 Web: brgov.com/dept/dpw/ STATE Louisiana Department of Revenue What: Defines several types of taxes that must be either paid or collected by businesses. Phone: 225-219-7462 Web: rev.louisiana.gov/
Office of the Louisiana Secretary of State What: Provides information about corporate and trademark registration or partnership agreement. Phone: 225-925-4704 Web: sos.louisiana.gov Office of Workers’ Compensation Administration What: An employer is liable for the related medical expenses and weekly benefit payments of any employee who is injured in his or her job. Phone: 225-342-7555 Web: laworks.net State Fire Marshal What: All plans for new or renovated buildings must be reviewed by the state fire marshal. Phone: 225-925-4911 Web: sfm.dps.louisiana.gov
n e e d: Business loans
s o l u t i o n: nichole Vicknair, VP Business serVices
campusfederal.org
225.769.8841
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Issue Date: 5.10.16 Ad proof #2
• Please respond by e-mail or fax with your approval or minor revisions. • AD WILL RUN AS IS unless approval or final revisions are received by the close of business today. • Additional revisions must be requested and may be subject to production fees. Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS
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This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329
We’ve Got You FURNISHED Office Furniture World, Inc. has one of the largest selections of quality new office furniture in Louisiana.
We assemble & deliver furniture to Baton Rouge and all surrounding areas.Ad Issue Date: 2.2.16
OFFICE FURNITURE proof #1
WOR L D Locally owned & operated since 1989
• Please respond by e-mail or fax with your approval or minor revisions. • AD12944 WILL RUN AS IS unless or final revisions Coursey Blvd.approval | Baton Rouge, LA | 225.751.4024 | www.OFWBR.com are received by the close of business today. • Additional revisions must be requested and may be subject to production fees. Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329
LOUISIANA ONLINE
State government on the Internet ATTORNEY GENERAL OPINIONS ag.state.la.us
DEPARTMENT OF REVENUE revenue.louisiana.gov
DEPARTMENT OF AGRICULTURE AND FORESTRY, LOUISIANA HORTICULTURE COMMISSION www.ldaf.state.la.us
DEPARTMENT OF STATE CIVIL SERVICE www.civilservice.louisiana.gov
DEPARTMENT OF CHILDREN AND FAMILY SERVICES dcfs.louisiana.gov DEPARTMENT OF CULTURE, RECREATION AND TOURISM crt.state.la.us DEPARTMENT OF EDUCATION louisianabelieves.com
New Orleans East Hospital
DEPARTMENT OF ENVIRONMENTAL QUALITY deq.louisiana.gov
Gator Millworks, Inc is a AWI Certified company. From coordination of projects to fabrication, finishing and installation, we combine craftsmanship with the latest technologies to exceed your expectations.
• Design / Build services • Project Estimating • Value Engineering for Architects, Contractors and Home Owners • Residential and Commercial Cabinets • Architectural Woodwork
225.667.7758 www.gatormillworks.com Like us on A44
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DEPARTMENT OF TRANSPORTATION AND DEVELOPMENT dotd.state.la.us DEPARTMENT OF VETERANS AFFAIRS vetaffairs.la.gov DEPARTMENT OF WILDLIFE AND FISHERIES wlf.louisiana.gov
DEPARTMENT OF HEALTH AND HOSPITALS dhh.louisiana.gov
DIRECTORY OF STATE GOVERNMENT PHONE NUMBERS AND 800 NUMBERS louisiana.gov/Services/Contacts
DEPARTMENT OF INSURANCE ldi.state.la.us
DIVISION OF ADMINISTRATION doa.louisiana.gov
DEPARTMENT OF NATURAL RESOURCES dnr.louisiana.gov
GOVERNOR’S OFFICE gov.louisiana.gov
GENERAL CONTRACTOR: The Lemoine Company | ARCHITECT: Eskew+Dumez+Ripple
We exist solely to serve our clients, who are our most important asset
DEPARTMENT OF THE TREASURY www.treasury.louisiana.gov
DEPARTMENT OF PUBLIC SAFETY AND CORRECTIONS dps.louisiana.gov
LOUISIANA ECONOMIC DEVELOPMENT opportunitylouisiana.com
LOUISIANA HOUSING CORPORATION lhfa.state.la.us LOUISIANA BOARD OF ARCHITECTURAL EXAMINERS lastbdarchs.com LOUISIANAMAP Interactive geospatial portal maps from DEQ, DOTD, and more: map.la.gov LOUISIANA PUBLIC FACILITIES AUTHORITY lpfa.com LOUISIANA STATE LEGISLATURE legis.state.la.us LOUISIANA STATE LEGISLATURE’S GUIDE TO STATE BOARDS AND COMMISSIONS wwwcfprd.doa.louisiana.gov/ boardsAndCommissions/home.cfm LOUISIANA WORKFORCE COMMISSION www.laworks.net OFFICE OF MOTOR VEHICLES omv.dps.state.la.us OFFICE OF STATE FIRE MARSHAL sfm.dps.louisiana.gov PROCUREMENT AND CONTRACT NETWORK wwwprd1.doa.louisiana.gov/OSP/ LaPAC/pubMain.cfm PUBLIC SERVICE COMMISSION lpsc.louisiana.gov OFFICE OF FINANCIAL INSTITUTIONS ofi.state.la.us
Start using mobile deposit. Or start your own pipefitting operation. Either way, you can bank on United Community Bank. We offer an array of services that help you manage both your personal and business needs. So whether you need to make a deposit on the go or need new equipment for your business, our local bankers can help you meet your financial goals. Contact a UCB representative for details about our available products.
SECRETARY OF STATE sos.la.gov STATE BOARD OF HOME INSPECTORS lsbhi.state.la.us STATE BOARD OF REGISTRATION FOR PROFESSIONAL ENGINEERS AND LAND SURVEYORS lapels.com
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STATE LICENSING BOARD FOR CONTRACTORS www.lslbc.louisiana.gov STATE BOARD OF CERTIFIED PUBLIC ACCOUNTANTS cpaboard.state.la.us
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CAPITAL REGION
WORKFORCE TRAINING CENTERS Accelerated Dental Assisting Academy 130 Hummell St., Denham Springs 70726
(Mid City College) Court Reporting Institute of Louisiana 5700 Florida Blvd., Ste. 100, Baton Rouge 70806
Advanced Healthcare Institute 260 S. Alexander Ave., Port Allen 70767
Moore Career College 6160 Perkins Rd., Baton Rouge 70808
Advantage Dental Academy 4580 Bluebonnet Blvd., Ste. A, Baton Rouge 70809
National Driving Academy 31 Wicker Lane, Greensburg 70441 Pelican Chapter, ABC 19251 Highland Rd., Baton Rouge 70817
Alliance Safety Council 10099 N. Reiger Rd., Baton Rouge 70809
Pelican Training Institution 3233 S. Sherwood Forest Blvd., Ste. 203, Baton Rouge 70816
Associated Builders and Contractors 19251 Highland Rd., Baton Rouge 70809
Our Lady of the Lake College 5514 Brittany Dr., Baton Rouge 70808
Alpha Medical College 3009 Monterrey Dr., Ste. D, Baton Rouge 70814 Aspire Medical Training Academy 11449 Florida Blvd., Baton Rouge 70815 Advanced Healthcare Institute 4580 Bluebonnet Blvd., Ste. A, Baton Rouge 70809 Assist to Succeed 140 Veterans Blvd., Denham Springs 70726 BAR/BRI of Louisiana–Baton Rouge 1 East Campus Dr., Baton Rouge 70803 Baton Rouge Area Electrical JATC 13456 Jefferson Hwy., Baton Rouge 70817 Baton Rouge Carpenters Local #1098 8875 Greenwell Springs Rd., Baton Rouge 70814 Baton Rouge Community College [Acadian Campus] 3250 N. Acadian Thruway East, Baton Rouge 70805 Baton Rouge Dental Assistant Academy 4450 Bluebonnet Blvd., Ste. C. Baton Rouge 70809 Baton Rouge General School of Nursing 3616 North Blvd., Baton Rouge 70806 Baton Rouge Iron Workers Local 623 6153 Airline Hwy., Baton Rouge 70806
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Baton Rouge School of Court Reporting 13003 Justice Ave., Baton Rouge 70816 Becker Professional Education– Baton Rouge LSU, 3101 CEBA Tureaud Hall, Baton Rouge 70803 Baton Rouge Sheetmetal JATC 1957 Wooddale Court, Baton Rouge 70805 Camelot College 2618 Wooddale Blvd., Ste. A, Baton Rouge 70805 Caring Minds Resource and Training Services 1011 N. Bon Marche Dr., Ste. A, Baton Rouge 70806 Coastal College Truck Driving 2064 N. Flannery Rd., Baton Rouge 70815 Dale Carnegie Training 10988 N. Harrell’s Ferry Rd., Ste. 3, Baton Rouge 70816 DDC School for Dental Assisting 13353 Hwy. 73, Ste. B, Geismar 70734 Delta College of Arts and Technology [Baton Rouge] 7380 Exchange Pl., Baton Rouge 70806 Dental Assisting Academy 1310 S. Range Ave., Denham Springs 70726
Baton Rouge Pipe Trades JATC 5655 Greenwell St., Baton Rouge 70805
Dental Assisting Academy of Louisiana 13702 Coursey Blvd., Ste. 10C, Baton Rouge 70817
Baton Rouge School of Computers 9352 Interline Ave., Baton Rouge 70809
Diesel Driving Academy 8067 Airline Hwy., Baton Rouge 70815
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Fortis College 9255 Interline Ave., Baton Rouge 70809 ITI Technical College 13944 Airline Hwy., Baton Rouge 70817 J.W. Training Center 3542 La. 1 South, Ste. B, Donaldsonville 70346 Julian Certified Nursing Assistant Training School 24035 Railroad Ave., Plaquemine 70764 LANTec of Louisiana Corporate Training Center 11512 Lake Sherwood Ave. N, Baton Rouge 70816 Lockhart Training Services 1147 S. Tinley Dr., Baton Rouge 70815 Louisiana Culinary Institute 10550 Airline Hwy., Baton Rouge 70816 Louisiana Dental Assistant School 1338 Church St., Zachary 70791 Louisiana Healthcare Institute 11854 Goodwood Blvd., Baton Rouge 70815 Louisiana Resource Center for Educators 5550 Florida Blvd., Ste. D, Baton Rouge 70806 Louisiana State University 156 Thomas Boyd Hall, Baton Rouge 70803 Medical Training College 10525 Plaza Americana, Baton Rouge 70816 Mia’s Medical Academy 7275 Florida Blvd., Baton Rouge 70806
Remington College [Baton Rouge] 10551 Coursey Blvd., Baton Rouge 70816 River Parishes Community College 7384 John Leblanc Blvd., Sorrento 70778 Roco Training Center 8274 Merle Gustafson Dr., Baton Rouge 70807 Rosemond School of Phlebotomy 1425 S. Purpera Ave., Gonzales 70737 South Central Laborers Training and Apprenticeship 9297 La. 979, Livonia 70755 Southern Medical Corp. School of Ultrasound 12232 Industriplex Blvd., Bldg. F, Baton Rouge 70809 Southern University 1100 Harris Hall, Baton Rouge 70813 South Louisiana Community College [Acadian Campus] 1933 West Hutchinson Ave., Crowley 70526 University of Phoenix- Baton Rouge Campus 2431 S. Acadian Thruway, Baton Rouge 70808 Virginia College 9501 Cortana Place, Baton Rouge 70815
GAIN MOMENTUM FOR YOUR MONEY ONE-YEAR CD 1.15% APY TWO-YEAR CD 1.35% APY Eligibility Requirements • $5,000 minimum certificate of deposit, rate effective for the life of the CD • $249,000 maximum certificate of deposit, rate effective for the life of the CD • Annual Percentage Yields (APYs) are effective as of 1/21/16 and are subject to change without notice. Early withdrawal penalties may apply. Fees may reduce earnings on the account. Interest earned may not remain on deposit and is paid out annually.
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