Louisiana Closes Record Year with New Investment and Strong Momentum

The results speak for themselves. The momentum speaks for our future.

BATON ROUGE, La.- Louisiana Economic Development announced historic results for 2025, the largest year of investment and job creation in Louisiana’s history, with more than $61 billion in capital investment and over 9,300 direct new jobs generated since January. These new jobs pay an estimated average salary of $91,000, which is $30,000 higher than the state average.

“This is what winning looks like, for we are no longer defined by what we were, but what we are becoming,” Governor Jeff Landry said. “Louisiana has entered a new era of growth powered by businesses that believe in Louisiana and our people. As we carry this momentum into the new year, one thing is clear: there is now a new standard for how Louisiana competes and wins.”

Louisiana is closing this record-setting year with unmistakable momentum. In just the past few weeks, more than $11.2 billion in new investment and nearly 2,500 new jobs have been announced statewide. Together, these projects strengthen established industries, accelerate growth in emerging ones and create new high-wage job opportunities for Louisiana workers and communities.

Recent Project Announcements:

• Saronic Technologies, Inc.
  • Saronic is investing $300 million to expand the Franklin shipyard and advance large-scale autonomous vessel production, strengthening Louisiana’s leadership in maritime manufacturing and defense-sector innovation.
• SLB
  • SLB is doubling its Shreveport footprint through a $30 million expansion that supports growing demand for digital infrastructure and advanced technology manufacturing.
• Epic Piping
  • Epic Piping is expanding its corporate headquarters in Livingston with a $25 million investment, increasing capacity to meet rising demand across natural gas, nuclear and data center markets.
• ElementUSA
  • ElementUSA is investing $850 million to develop a rare-earth and critical mineral refining facility in Southeast Louisiana, strengthening U.S. supply chains essential to advanced manufacturing, national defense and energy technologies.
• Hut 8
  • Hut 8 announced it is investing $10 billion to build an AI data center in West Feliciana Parish to support global industry leaders Fluidstack backed by Google.

“Louisiana’s performance this year shows what is possible when we align our strategy with the needs of our workers and the ambitions of our businesses,” said LED Secretary Susan B. Bourgeois. “The growth we are seeing isn’t just measured in investment; it’s measured in the quality of jobs being created. With new positions averaging more than $91,000 annually, more Louisiana families are accessing the kinds of wages that change lives. This is the progress we planned for, and it is only the beginning.”

These latest wins reflect the meaningful progress seen across Louisiana all year long. As LED approaches its 90th anniversary in 2026, the agency remains committed to advancing this work in the year ahead.

About LED
Louisiana Economic Development is responsible for driving capital investment, job creation and economic opportunity for the people of Louisiana and employers of all sizes. Explore how LED is positioning Louisiana to win at OpportunityLouisiana.com. 

MEDIA CONTACTS:

Emma Wagner, LED Communications Director
Emma.Wagner@la.gov
912.467.2117

Jacey Wesley, LED Strategic Communications Manager
Jacey.Wesley@la.gov
225.342.5536