BATON ROUGE, LA (WAFB) - Site Selection magazine has named the Baton Rouge Area Chamber (BRAC) one of the top economic development organizations in the nation for 2013.
This is the fifth year in a row that BRAC has been recognized on the magazine's "Best to Invest-Top U.S. Group's list. BRAC is one of the top ten organizations.
"Site Selection magazine is an invaluable asset for the economic development industry, and their recognition of BRAC as one of the top ten groups in country is a testament to our team, our regional partners from the nine parishes, our counterparts at LED, and our investors," said Adam Knapp, BRAC's president and CEO. "This is BRAC's fifth year in a row on this list, showing that the Capital Region is experiencing an economic development boom. Without the excellence of our parish partners and the state, this sustained level of performance would not be possible.
In 2013, BRAC worked on fifteen projects which announced relocations or expansions in the region. These new projects secured 2,167 jobs and generated over $112.5 million in payroll. It was also a record setting year for the amount of capital investment through these projects, with $4.4 billion in announced projects.
BRAC serves as the economic development engine for the nine-parish Baton Rouge area. The organization works in partnership with Ascension Economic Development Corporation, East Feliciana Parish Economic Development District, Iberville Chamber of Commerce, Livingston Economic Development Council (LEDC), Pointe Coupee Chamber of Commerce, St. Helena Parish Economic Development, West Baton Rouge Chamber of Commerce, and West Feliciana Parish Economic Development, as well as the City-Parish of East Baton Rouge and the Metropolitan Council. BRAC also works closely with Louisiana Economic Development (LED).