Our economy is strong
by Bobby Jindal - posted Thursday, December 20th, 2012 @ 12:00 pm
Sasol, Benteler, Sutherland, GE Capital, Drax, Pixomondo, Oceaneering. Remember those names. They are just some of the companies that announced this year they are making game-changing investments in Louisiana to create thousands of jobs for our people.
In 2012 alone, we have announced projects that will result in over 24,000 new jobs and more than $18 billion in capital investment, bringing our five year total to more than 63,000 new jobs and more than $28 billion in new capital investment. Indeed, across Louisiana, we've announced economic development wins in the energy, technology, film, digital media and manufacturing industries that are diversifying and growing Louisiana's economy.
In Westlake, Sasol is investing between $16 billion and $21 billion in an integrated GTL and ethane cracker complex in Westlake that will create over 7,000 direct and indirect jobs. This is the largest manufacturing investment in Louisiana's history and one of the largest foreign direct investments in our country's history.
Bobby Jindal is Governor of Louisiana.