Investing in America
  Louisiana
    International Trade Division  red  Data Source  

JOB FACTS*

U.S. subsidiaries in Louisiana have consistently supported a significant number of jobs in the state. They now employ 48,900 Louisiana workers-an increase of nearly 6% over the last five years.


PROMINENT U.S. SUBSIDIARIES IN THE STATE

Air Liquide America

Bridgestone/Firestone Inc.

EADS

Formosa Plastics Corporation

Holcim Inc.

ICI Americas

Saint-Gobain

Sodexho Inc.

Shell Oil Company


MANUFACTURING JOB FACTS

U.S. subsidiaries support 17,400 manufacturing jobs in Louisiana. Manufacturing companies tend to have a strong "multiplier" effect on the economy-stimulating a substantial amount of activity and jobs in other sectors through their demand for inputs from other suppliers.

Overall, approximately 35.6% of jobs at U.S. subsidiaries in Louisiana are in manufacturing industries.


ONE COMPANY'S STORY

EADS Aeroframe Services, a U.S. subsidiary of European aerospace giant EADS, plans to add a total of 300 jobs to its Lake Charles facility through expansionary efforts. The operation has undergone remarkable growth in recent years as employment increased from just 75 to approximately 525 workers between 2001 and 2002. The new jobs have been created by the impending construction of a new hangar. The company predicts that it will employ 700 people by the end of 2003 and will continue to grow steadily from there.

*Beginning August 2004, the Commerce Department changed the focus of its reported data on jobs supported by foreign direct investment (FDI). From this point on, all FDI statistics will refer only to companies having a majority of foreign ownership. Prior to this change, the Commerce Department followed international standards of including companies that had 10% or more foreign ownership.