Economics Announcements - WAFB 9 News Baton Rouge, Louisiana News, Weather, Sports

Economics Announcements

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There was more great news for the Baton Rouge economy this week, as Honeywell International announced a $208 million commitment to its four Louisiana-based production facilities. With two of the plants located in Baton Rouge and a third in Geismar, the Greater Baton Rouge area can only benefit from this investment.

This comes on the heels of last week's announcement that Chicago Bridge and Iron plans to centralize its government solutions division in Baton Rouge, which will create 400 new jobs and state officials say another 400 indirect jobs in the city.

After the company purchased the locally-owned Shaw Group, some were unsure of CB&I's commitment to Baton Rouge; however, the news out of CB&I has eased concerns about local job security that occur whenever a change in ownership takes place.

The influx of these quality jobs is strong statement about the future of the Baton Rouge economy. We hope it is only the beginning. It's a great start.

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