Louisiana wins Silver Shovel Award for economic development

Greater Baton Rouge Business Report | By: Daily Report Staff

Economic development trade publication Area Development magazine has presented Louisiana with the 2022 Silver Shovel Award, marking the 11th time in 13 years the state has been singled out for its capital investment and job creation, Louisiana Economic Development announced Wednesday.  

The magazine uses an independent panel of economic development experts to evaluate the top 10 business development and business expansion projects in all 50 states. Scoring is weighted for per capita job creation, total capital investment, new facility construction and industry sector diversity. Projects announced in 2021 submitted by Louisiana represented more than $18.2 billion in capital investment and 2,953 new direct jobs. Continue Reading Here >>>

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