Manufacturing prospects are looking up for North La.
The economic development agency – North Louisiana Economic Partnership – says it has 48 prospective business leads in its pipeline, and the number of companies that are doing site selection in north Louisiana is up from last year. NLEP president Scott Martinez reported the numbers at an economic development presentation Thursday at the Bossier Civic Center.
“We expect some announcements before the end of this calendar year. Some of them will obviously go into the spring. I think our prospect pipeline is strong. The number of site visits we’re getting is strong. And, the number of companies we’re finalists for now is strong," Martinez said.
If these active business leads pan out, it would translate into about 10,000 jobs and $3.2 billion in capital investment. Martinez said 15 companies have made visits to NLEP's 14-parish service area this year, and the number of manufacturers looking at the area is on the rise.