Baton Rouge Business Report Business Resource Guide + Market Factbook

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2016 FACTBOOK

CONTENTS

Publisher: Rolfe H. McCollister Jr.

EDITORIAL

Editorial director: Penny Font Executive editor: Steve Sanoski Editor: Stephanie Riegel Managing editor: Robert Stewart Online news editor: Alexandria Burris Special projects editor: Jerry Martin Director-Online operations: Brandi Simmons Staff writer: Ryan Broussard Director of research: Sierra Crump Contributing writers: Tom Cook, Jeremy Harper, David Jacobs, April Capochino Myers, Annie Ourso, Maggie Heyn Richardson, Meredith Whitten Contributing photographers: Brian Baiamonte, Charles Breard, Marie Constantin, Don Kadair, Tim Mueller, Collin Richie

ADVERTISING

Advertising director: Sharon Wright Senior account executives: Marielle LandHoward, Kelly Lewis, Kerrie Richmond Account executives: Sarah Collins Bennett, Melanie Ridgeway Advertising coordinator: Brittany Nieto

Welcome to the 2016 Baton Rouge Business Resource Guide and Market Factbook. This guide for economic recruiters, site selectors and business owners alike is a comprehensive collection of market analysis and demographics for the Capital Region. Our Business Resource Guide is a step-by-step blueprint for starting a company in Louisiana, with the most up-to-date contract information for key agencies and organizations.

A4

THE REGION

PARISH PROFILES

A8 A10 A12 A14 A16 A18 A20 A22 A24 A26 A27 A28

A31 A32 A33 A34 A35 A36 A37

A profile of the region Accolades Assessing the market Market forces Business climate Talent Education

East Baton Rouge Ascension

PRODUCTION/DESIGN

Production director: Melanie Samaha Art director: Hoa Vu Graphic designers: Tammi deGeneres, Melinda Gonzalez, Rachel Parker, Emily Witt

AUDIENCE DEVELOPMENT

Livingston, Pointe Coupee

A publication of Louisiana Business Inc. Chairman: Rolfe H. McCollister Jr. President & CEO: Julio A. Melara Executive assistant: Millie Coon

St. Helena West Baton Rouge West Feliciana

BUSINESS RESOURCE GUIDE

Entrepreneurial ecosystem

A38 A44 A46

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

Chief financial officer: Jonathan Percle Chief innovation officer: Curtis Heroman Business manager: Adam Lagneaux Business associate: Danielle Daly Office coordinator: Debbie Lamonica Courier: Jim Wainwright Receptionist: Cathy Brown

Audience development coordinators: Kenna Maranto, Brittany Titone

Small business

Hospitality

ADMINISTRATION

East Feliciana, Iberville

A global economy

Incentives

SPECIAL PROJECTS Special projects manager: Jennifer Finley Senior account executive: Stacy Kaklis Account executives: J.C. Applewhite, Angie LaPorte, Michelle Lawrence Marketing director: Jennifer Guillot Marketing/Special events coordinator: Christie Battaglia Advertising coordinator: Lacie Thibodeaux Community liaison: Jeanne McCollister McNeil

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A5

2016 FACTBOOK

A6

FROM THE SPONSORS

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

THE LIBRARY MEANS BUSINESS... and your East Baton Rouge Parish Library is “writing the next chapter” on services and resources benefitting our business community.

Continually increasing usage of the dynamic new Main Library at Goodwood reinforces the direction taken by the Library Board to provide state-of-the-art facilities parish-wide, with comfortable and engaging spaces, robust technology, a variety of meeting rooms, and a broad range of programs and resources.

We’ve already begun that process at the Bluebonnet Regional Branch, repurposing the old Genealogy Room into a vibrant Teen Room, plus a number of collaborative work/study rooms. The River Center Library replacement project is underway; the new branch design incorporates a number of exciting, cuttingedge spaces and services. The public’s strong support of the 2015 tax millage renewal means renovation projects for other branches remain on track, beginning with capital improvements to the Jones Creek and Greenwell Springs Road Regional Libraries ... all on the Pay-As-You-Go plan.

In addition, the Library maintains an aggressive schedule of technological upgrades to improve customer service—no matter which branch you visit. We offer new services to benefit the business community and small

business owners. Mobile printing and fax-ondemand are just two of the latest business conveniences available at all libraries, while the Main Library’s Digital Lab now hosts Adobe Creative Cloud on PC or Mac. The Library also embraces emerging technologies: 3-D printing services, circulating arduino kits, robotics workshops and more. We provide the training tools as well as the training space—businesses may book the Digital Lab or other collaborative spaces at the Main Library.

The Digital Library delivers free access to specialized business resources, databases, educational programming and more 24/7, and online use has grown exponentially. The Library constantly is adding new digital products to meet and anticipate business needs, including workforce development tools like Lynda.com, Treehouse and Atomic Training. They complement other superior assets, such as Reference USA and Newsbank; Gale’s Small Business Resource Center; and new collections like Press Display and EBSCO’s Small Business Reference Center.

Check it out—all you need is your Library card!

FIRST AMERICAN BANK and Trust is a community bank with 24 locations in Southeast Louisiana. For over 100 years, First American Bank has served the financial needs of its communities. We began operations in St. James Parish in 1910 and now have expanded to 11 parishes, including Ascension and East Baton Rouge.

Today, First American Bank has total assets of $863 million. The size of the bank puts First American in a unique position to help both consumers and small businesses. We handle a large amount of construction loans for individuals as well as contractors. After construction is complete, a large percentage of those residential loans are maintained in our loan portfolio providing our customers with exceptional service from local employees.

Additionally, we provide the small businesses in our community with loans as high as $10 million.

In 2015, First American Bank originated $141 million in loans for its customers.

Besides being a great source of loan funding, First American Bank maintains a strong capital base for its customers to deposit their funds.

From online bill pay to mobile check deposits, First American Bank offers the latest in banking technology to provide the best possible services for its customers.

Let First American Bank take you where you want to go. We are here to assist you with your construction loan, home purchase, business loan or whatever financial service that you need, while providing you with the latest in banking technology from knowledgeable and friendly employees. At First American Bank, we are local, we are easy to work with and, most importantly, we know how to get things done right. You will enjoy the experience!

Spencer Watts

Library Director East Baton Rouge Parish Library

Ronald J. Falgoust

President & CEO First American Bank and Trust

2016 FACTBOOK

THE REGION

1990

A PROFILE OF THE CAPITAL REGION

+57.2%

2015

THE NINE-PARISH Capital Region serves as the hub for Louisiana’s newest economic developments and growing, diverse population. With a full-time civilian workforce more than 260,000, the region is arguably one of Louisiana’s most important centers for industrial construction, manufacturing, education and government.

SOURCES: U.S. Census, Louisiana Parish Population Projection Series 2010-2030

1000

POPULATION (in thousands)

900

CAPITAL REGION POPULATION GROWTH RATE

800 700 600 500 400 300 200 100 0 1990

528,264

WORKED FROM HOME

2015

602,894

830,480

954,850 (PROJECTED)

WORK COMMUTE TIMES 1.1% PUBLIC TRANSPORTATION (INCLUDING TAXICAB)

1.7% WALKED

19.2%

0.9%

12 A.M. TO 5:59 A.M.

93.5%

12.3%

CAR, TRUCK OR VAN

0.3%

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

28.2%

7 A.M. TO 7:59 A.M.

MOTORCYCLE OR OTHER MEANS

BICYCLE *Does not add to 100% on Census; includes margin of error

22.2%

6 A.M. TO 6:59 A.M.

8 A.M. TO 8:59 A.M.

A8

2030

LOUISIANA COMMUTING PATTERNS

WORK TRANSPORTATION

2.6%

2000

18.1%

9AM-11:59 A.M.

GENDER AND AGE

48.9% 24.1%

57.5%

51.1%

MALE

MEDIAN AGE

RACE/ETHNICITY

FEMALE

34.7

26.4%

35.6%

25.2% 19.6%

4.8% 0-17

18-34

35-54

55-74

3.6% WHITE

75+

BLACK

HISPANIC

1.9%

1.4%

ASIAN/PACIFIC ISLANDER

OTHER

*Numbers do not add to 100%; includes margin of error

HOUSEHOLDS/INCOME

EDUCATION LESS THAN HIGH SCHOOL DIPLOMA

13.5%

TOTAL OCCUPIED HOUSEHOLDS

HIGH SCHOOL GRADUATE

32.1%

SOME COLLEGE/ ASSOCIATE DEGREE BACHELOR’S DEGREE GRADUATE/ PROFESSIONAL DEGREE

8.8%

299,156

AVERAGE HOUSEHOLD SIZE

2.71

27.5% 18.1% POPULATION IN POVERTY

17.5%

$51,829

MEDIAN HOUSEHOLD INCOME

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A9

2016 FACTBOOK

THE REGION

ACCOLADES

BATON ROUGE REMAINS in a position of economic strength, with both public and private entities working to create a business environment in which companies want to invest and create jobs. The effort is paying off, with both Baton Rouge and Louisiana maintaining top national rankings in job creation, workforce training, business climate, entrepreneurship and industrial expansion.

SELECT R ANKINGS

No. 1

Capital Investment and Job Creation in Louisiana

Southern Business and Development 2015

No. 3

Business Climate (Louisiana)

Business Facilities 2015

No. 3

Top Five Mississippi River Corridor Metros, Total Corporate Facility Projects

Site Selection 2016

No. 3

No. 1

State Workforce Training Program (Louisiana/FastStart)

Business Facilities 2015

A10

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

Best Cities in the Nation for Women Entrepreneurs to Start a Business (Baton Rouge)

GoodCall 2015

No. 3

Best Mid-Sized City for Information Jobs (Baton Rouge) NewGeography.com 2015

No. 3

Area Development Leading Locations: Top Ten Southern Cities (Baton Rouge)

Area Development 2015

Top 5

Most Business-Friendly States Thumbtack.com 2015

No. 4

Top State Business Climate

Site Selection 2015

No. 6

No. 81

Top 10 Mississippi River Corridor Metros, Per Capita Corporate Facility Projects

Top Places for Job Growth (Baton Rouge) Forbes 2015

Site Selection 2016

Top 8

Top Under the Radar Hub for Investing (Baton Rouge) Investopedia 2015

No. 5

Top 10 Metro Areas: Tier Two New and Expanded Facilities (Metros with population 200,000 to 1 million)

No. 9

No. 7

Top Payroll to Population Cities (Baton Rouge) Gallup 2015

No. 8

Top Places for Doing Business (Baton Rouge) Forbes 2015

Site Selection 2015

Best & Worst States for Business (Louisiana) Chief Executive 2015

No. 6

Top States for Doing Business (Louisiana) Area Development 2015

No. 122

Top Places for Education (Baton Rouge) Forbes 2015

No. 32

Governor’s Cup New and Expanded Corporate Facilities Per Capita in 2015 (Louisiana) Site Selection 2016

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A11

2016 FACTBOOK

THE REGION

ASSESSING THE MARKET

—Robert Stewart

ADAM KNAPP

TERI FONTENOT

RAY BELTON

REASONS FOR WORRY

REASONS FOR WORRY

REASONS FOR WORRY

Baton Rouge Area Chamber President and CEO Economic Development South Louisiana experienced an industrial expansion boom in the last several years, thanks in large part to generous tax incentives handed out by the Jindal administration. But with the state running out of money and Democrat John Bel Edwards in the Governor’s Mansion, the incentives likely won’t roll out as freely anymore—especially if oil prices continue to stay low. The Legislature during the 2016 special session rolled back a host of tax incentives in an effort to raise some revenue for the state, which could further hamper economic development. “Of course, we are all watching closely the uncertainty created by the state’s financial position, and its effect on our tax climate, universities, and health care services,” says Adam Knapp, president and CEO of the Baton Rouge Area Chamber.

REASONS FOR OPTIMISM

Knapp says the outlook for the Capital Region is best described as “cautious optimism” at the moment. In the most recent jobs report for February 2016, the Baton Rouge area added 8,500 non-farm jobs since February 2015, he notes. The region’s manufacturing sector was just rated the sixth most productive in the U.S. Natural gas prices are still low and are forecast to stay there, which could lead to continued expansion in the chemical and petrochemical manufacturing sectors. Both the construction and professional/business services industries in the area experienced greater than 10% job growth in 2014, and growth occurred in diverse fields such as computer programming, heavy construction and engineering services. “The region’s economy is diverse, and we believe it will show resiliency,” Knapp says.

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CAUTIOUS OPTIMISM abounds in the Capital Region’s economic sectors. From industry and banking to health care and higher education, there’s reason for hope and worry—though in some sectors, the worry is outweighing the hope at the moment. Oil prices have continued their run of staying low, while higher education and health care continue to weather cuts in state funding. But the Baton Rouge area economy is diverse and creative enough to survive the negativity, according to business leaders in the area. Like seemingly everything else these days, much of the reason for concern centers on the state’s financial crisis. But despite the volatility, these six leaders still see plenty of reason for optimism in the future.

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

Woman’s Hospital President And CEO Health Care

Health care in Baton Rouge underwent some radical transformations in 2015, and that trend is likely to continue in 2016. Just last year, Baton Rouge General Medical Center shut down its Mid City campus emergency room, and urgent care clinics began sprouting up left and right. North Baton Rouge residents and community leaders are calling for a hospital in their health care-barren side of town.

Meanwhile, because of the fiscal crisis, the state may not have enough money to pay the contracts it has with private hospitals such as Our Lady of the Lake Regional Medical Center to care for poor and uninsured patients—which could lead the hospitals to walk away from the deal.

REASONS FOR OPTIMISM

While some things are changing for worse, others are changing for the better. The Baton Rouge Health District is coming to life—despite some opposition— and it could spark a collaborative revolution for the area’s health care institutions. More urgent care clinics keep popping up in an effort to fill the void left behind by shuttered facilities like the General’s Mid City ER and Earl K. Long charity hospital. Going forward, the hospitals appear to be shifting from a volume-driven business model to one of value and managing health. In other words, the goal is not to wait until a patient arrives at a hospital. “The definition of a hospital has changed from a place where patients seek medical care to helping them stay healthy and out of acute care settings,” says Teri Fontenot, president and CEO of Woman’s Hospital. “In addition, hospitals are increasingly involved in managing chronic medical conditions in the doctor’s office or outpatient settings to reduce costs and improve the patient’s quality of life.”

Southern University System President Higher Education Higher education has a particular reason to worry for 2016 and beyond. Like health care, it has been battered by cut after cut in state funding since 2008, and tuition rates have spiked to make up the difference. Southern University declared exigency in 2012 and reduced faculty and staff “profoundly,” according to Ray Belton, Southern University System president and chancellor of its Baton Rouge campus.

LSU even flirted with the idea of exigency within the last year. TOPS was underfunded by some $28 million this fiscal year thanks to the state fiscal crisis, leaving the future of the enormously popular state scholarship program in doubt.

REASONS FOR OPTIMISM

After years of cuts, there’s plenty of momentum at the State Capitol to grow funding back to a more reasonable level—should lawmakers be able to find the money. Gov. John Bel Edwards has said nursing higher ed back to health in Louisiana is among his top priorities. Despite the challenges, local higher ed leaders seem to have an optimistic view. The merger of the Southern University System with the Baton Rouge campus has generated significant savings already, Belton says. Increased student recruitment yielded a 5% enrollment increase at the Baton Rouge campus in 2015, and graduation rates have improved steadily each year since 2012.

“Southern remains poised for growth, ready to lead, and is evolving to meet the needs of an ever-changing higher educational marketplace,” Belton says. On the other side of town, the LSU Foundation, now led by former Louisiana Economic Development Secretary Stephen Moret, is in the midst of developing a massive fundraising campaign to invigorate LSU’s institutional advancement, which ranks among the bottom of its peer institutions. Should the new effort yield success, LSU likely will be better positioned to handle any future crisis.

PREDICTING THE MARKET Baton Rouge Area Chamber forecasts for 2016

job growth in 2.1% to 4.7% Projected professional and business

services, driven largely by the engineering sector, and services and government contracting

1.8% to 1.9% Overall projected job

growth for the Baton Rouge area

3.7% to 4.0% Projected job growth

in education and health services

GREG BOWSER

Louisiana Chemical Association, Louisiana Chemical Industry Alliance Executive Vice President Industry REASONS FOR WORRY

If any area of Baton Rouge’s economy has reason to worry in 2016, it’s the industrial sector. Wave after wave of projects were announced in the last few years while Gov. Bobby Jindal’s administration was offering generous tax breaks to draw big business. But with the state facing a cash crunch, a host of tax raises and tax incentive rollbacks were passed by the Louisiana Legislature at the end of Jindal’s tenure in 2015 and in a special legislative session earlier this year under new Gov. John Bel Edwards. Much of the burden of those tax raises and rollbacks falls on the backs of businesses like chemical plants, leading outside companies to question whether to bring new plants and jobs to Louisiana. “The new taxes, like those on manufacturing machinery, equipment and utilities, hit the bottom lines of the job engines (aka chemical plants) already in Louisiana,” says Greg Bowser, executive vice president of the Louisiana Chemical Association and Louisiana Chemical Industry Alliance. “They also affect major expansions and new investments which must now be reconsidered, putting the pencil to the higher costs of growing Louisiana jobs.” Add to that the low oil prices due to a global supply glut—and the thousands of jobs that have been shed in Louisiana in the process—and you’ve got a whirlwind of problems for the industrial sector.

REASONS FOR OPTIMISM

Quite frankly, there isn’t much room for optimism right now in the industrial sector. But if oil prices rise anytime soon—as unlikely as it is—it could provide a boost to a sagging sector that’s vital to Louisiana’s economy. If there’s any silver lining to find in this dark cloud, it’s this: The massive budget deficits seem to be causing lawmakers to look harder at the state’s many statutory funding dedications, or “stat deds,” in the state’s constitution. Freeing up some of those funds could provide some much-needed cash for the state, and in return, give the industrial sector a break. “Maybe a fresh look at our Louisiana constitution is necessary,” Bowser says.

“Spoiler alert: this will create angst if you mention it to interests currently protected in the constitution!” Rewriting the state constitution would take a massive political effort and an inordinate amount of time, so there’s no chance it’ll happen in 2016.

836,000 to 841,000

Projected Baton Rouge area population in 2016

841,000 to 846,000 Projected Baton Rouge area population in 2017

3,635 1,534 863

Projected net new jobs in East Baton Rouge Parish in 2016 Projected net new jobs in Ascension Parish in 2016 Projected net new jobs in Livingston Parish in 2016 Source: Baton Rouge Area Chamber 2016 Economic Outlook

MISSY EPPERSON

TIFFANY PALMER

REASONS FOR WORRY

REASONS FOR WORRY

Regions Bank Senior Vice President Banking and Finance Just like every other sector, low oil prices has led to some “knuckle biting” by banks and lenders closely associated with the oil field services industry, says Martha “Missy” Epperson, senior vice president at Regions Bank. The fiscal uncertainty at the State Capitol—which is closely tied to the oil prices—hasn’t helped the market either.

Volatility in the stock market, which got off to a rough start early this year, and continued low interest rates have also put pressure on those planning for or already in retirement, Epperson says. “Business owners are making tough decisions regarding capital investments, owner distributions and retaining their experienced, trained workforce; trying to gauge how long the downturn will last,” she says.

REASONS FOR OPTIMISM

Mergers and acquisitions are still well underway in the Capital Region, Epperson says. Just last year, Business First Bank’s acquisition of American Gateway Bank was finalized, creating what is believed to be the largest community bank based in Baton Rouge. “Several others are in process and optimistic about the probability of transactions closing and generating proceeds sufficient enough to meet their family’s needs for current and future generations,” Epperson says.

The stock market volatility seems to have slowed, for now at least, which can ease some investors’ fears. And despite the oil bust, Epperson also points to the “historically high” number of industrial construction projects still planned for south Louisiana, which should continue to bring investment activity to the Baton Rouge area economy.

Greater Baton Rouge Association of Realtors President Real Estate Local experts generally consider the Baton Rouge real estate market healthy, but the market still has its flaws. The local industrial real estate sector absorbed some 440,000 square feet of space in 2015—a large amount, but only a third of the 1.2 million absorbed in 2014. Just like everything else, the industrial market slowdown has been blamed on low oil prices. Local real estate experts are also questioning whether the Capital Region multifamily market is overbuilt, with 1,500 new units built last year and thousands more scheduled to come online in the next two years.

In the residential sector, inventory is low, making it difficult on buyers looking for a home. And the low oil prices could cause some prospective homebuyers to put off making a purchase this year. “There is some potential for future issues if oil prices remain low for a long period of time,” says Tiffany Palmer, a Baton Rouge realtor with Pro Sold Realty and president of the Greater Baton Rouge Association of Realtors.

REASONS FOR OPTIMISM

Most local real estate experts have good reason to look at the Baton Rouge market as a glass-half-full situation. While oil prices remain low, the Capital Region’s diverse economy has insulated the market from volatility, Palmer says. “Fortunately, the chemical plants, technology firms and higher education add to the economy in our area to even out some of the petro dependence,” she says.

“Long periods of inventory at the low levels we’ve seen lately could hamper sales, but fortunately the annual spring selling season is beginning, bringing an influx of new properties.” On the commercial side, retail real estate vacancies are up this spring, but local retail rentals were dubbed “a unicorn” in 2015 by Jonathan Walker of Maestri-Murrell after rental rates rose and occupancy rates went down.

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A13

2016 FACTBOOK

THE REGION

2 1

FILE PHOTO

3

COURTESY BRAF

MARKET FORCES The issues and projects to watch

1 / LOCAL HOSPITALS

The Capital Region’s health care sector is in a state of flux and in the months to come there will be still more changes.

General Health System, which owns Baton Rouge General Medical Center, and Ochsner Health Systems recently announced a partnership that will effectively combine their local operations, strengthening both entities and increasing their competitiveness.

Market leader Our Lady of the Lake Regional Medical Center, meanwhile, is adjusting to changes made to its threeyear-old partnership agreement with the state, under which it has provided charity care and training to LSU residents. At the same time, the state is expanding Medicaid, adding thousands of eligible new patients to the rolls under its Bayou Health Plan. The change will move the state further away from a so-called safety net system and toward one where health care dollars follow the patients, which will have implications for all providers in the market.

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BUSINESS REPORT, May 10, 2016 | BusinessReport.com

2 / THE PETROCHEMICAL SECTOR

When oil prices first began falling in 2014, economists cautiously projected stabilization by mid-2015. Now, it’s mid-2016 and the prices have stayed perilously low. So far, Baton Rouge has been spared the pain that nearby cities more heavily invested in upstream operations and the service sector have felt. Still, several of the major industrial expansion projects planned for petrochemical plants in the nine-parish Capital Region have been shelved, or at least delayed until prices again pick up. Among the repercussions already being felt is the much-hyped workforce shortage that was projected for the area, which never materialized now that construction in the area has slowed from what was anticipated. Some companies have also experienced layoffs. While no one can predict when oil prices will rise again, it’s fairly certain that the longer they remain depressed, the less robust the anticipated industrial expansion boom will be.

3 / WATER CAMPUS

More than one year after work crews broke ground on the Water Campus, the Baton Rouge Area Foundation’s research park devoted to river and deltaic studies planned for a 33-acre area between Nicholson Drive and River Road just south of downtown, construction is now underway on three buildings. The $16 million Center for River Studies, which will house a fullscale model of the lower Mississippi River, is scheduled for completion later this year. The office building that will house the state’s Coastal Protection and Restoration Authority is also in the works, as is the signature Education and Research Center that is being built on the old city dock and will house the Water Institute of the Gulf. A fourth building, meanwhile, is in the planning stages. The campus is expected to be a catalyst for economic development in the area, attracting world-class researchers and engineers. It will also add thousands of feet of new office space to the downtown market.

4 / OLD GOODWOOD

One of the city’s older neighborhoods is becoming one of its hottest growth areas at the moment. A handful of young developers, led primarily by Mike Hogstrom of Onsite Design and Development, is rapidly buying up what few undeveloped parcels remain in the area. They’re creating infill developments such as Étage Gardens on Government Street near Jefferson Highway, Township at Old Goodwood, and Overton Walk at Old Hammond Highway and Cove Court. The firm is also involved in the redevelopment of the old Goodwood Plantation, which will be the centerpiece for a residential development called Adelia at Old Goodwood. Both Millenials and retiring baby boomers alike are drawn to the area because of its old growth, older homes and relative walkability—factors that are also fueling commercial development along nearby Jefferson Highway.

MARK BIENVENU

7

ALLIE APPEL

5

DON KADAIR

6

DON KADAIR

TIM MUELLER

4

5 / TOWNE CENTER

One of the city’s premier retail properties has a new owner, or more precisely, a new partial owner. Earlier this year, a group of Texas-based investors, Moody Rambin, acquired land owner Phil Witter’s 50% interest in the 440,000-square-foot shopping center at the intersection of Jefferson Highway and Corporate Boulevard.

The deal, terms of which were not disclosed, settled a long-running lawsuit between Witter and his partners in the development, Steve Keller and Everett Jackson, who will continue to maintain their 50% ownership interest. Though Keller and Jackson’s Creekstone Properties will continue to manage the property, the resolution to the legal dispute will enable them to make improvements to the property that have been on the drawing board for some time. There also are plans to attract new tenants to several vacant spaces—particularly on the Jefferson Highway side of the shopping center, which historically has been plagued with higher turnover than the stores on the other side.

6 / ROUZAN

Developer Tommy Spinosa’s traditional neighborhood development in Southdowns is thriving on the residential side. Level Homes, which is developing most of the TND’s residential phases, can’t get its hands on lots fast enough, so high is demand for the homes. But the project’s commercial portion, the Village Center, has stalled after planned anchor tenant Alamo Drafthouse canceled its lease agreement earlier this year.

It’s not entirely clear why the deal fell through, though in part it was related to a setback issue and how close commercial buildings could be located to Perkins Road. Still, without a major draw, which the popular movie theater would have been, Spinosa effectively returns to square one, not that nearby residents are disappointed by the turn of events. Their issue with Rouzan was always the fear it would overtax the area’s infrastructure, so the longer commercial development stays away, from their perspective, the better.

7 / NORTH BATON ROUGE

The long-neglected northern part of the parish is suddenly getting a lot of attention, due—in no small measure—to the fact that 2016 is an election year.

But regardless of the motivations of community leaders and mayoral candidates, the focus on the area is both overdue and badly needed.

Some of the efforts underway are concentrated on creating an economic development district in the area, which would give incentives to developers who invest in north Baton Rouge.

Others are focused more narrowly on delineating a health care district, which would codify financial incentives for investors that develop hospitals and clinics. Then there are those just holding forums and bringing issues to the table. What may come of these efforts once elections are over remain to be seen, but it’s a safe bet the next mayor-president will have a mandate to make north Baton Rouge more of a priority.

8 / DOWNTOWN EAST

When the Downtown Development District legally expanded its boundaries two years ago, it called the new portion of downtown—that area east of Interstate 110 to 22nd Street— Downtown East. The name couldn’t have come at a better time. In recent months redevelopment activity in Downtown East has mushroomed, with projects like the Elysian II, a multifamily development underway on Spanish Town Road; the renovation of the Arkel Building, which consumes almost an entire block on Florida Street; and the rehab of the Old Northside Motors Exchange Building on Scenic Highway, which is now a shared creative space. The East Baton Rouge Redevelopment Authority, meanwhile, is beginning to look for a developer to overhaul the former Entergy site at 1509 Government St., which, if and when completed, is expected to be the catalyst for redevelopment in the area.

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A15

2016 FACTBOOK

THE REGION

BUSINESS CLIMATE

A snapshot of the Capital Region’s indicators

4.8% 4.9%

90,500 $19 billion

Baton Rouge MSA unemployment rate, February 2016

Number of private-sector jobs added in Louisiana between January 2008 and November 2015. The state ranks No. 11 nationally and No. 2 in the South for private-sector employment growth in that time period.

Peer cities* average unemployment rate, August 2015 *As identified by Baton Rouge Area Chamber

BATON ROUGEAREA BANKING

37

FDIC institutions in market, 2015

Amount of new investment associated with projects worked by state and regional economic development officials and announced in 2015

$19.1 billion

Total deposits, 2015

LOUISIANA TAXES Corporations pay taxes on net income at the following rates 0

25K

50K

100K

200K

4% 5%

6%

7%

$25,000

$50,000

$100,000

first $25,000 of net income

next

next

next

8%

excess over

$200,000

4%

State sales tax Individual income tax rate For single, married filing separately or head of household 0

2.5K

50K

6%

4%

2%

First $12,500

Next $37,500

Over $50,000

Married filing jointly or qualified surviving spouse 0

25K

2%

First $25,000

A16

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

100K

4%

Next $75,000

6%

Over $100,000

9%

Combined state and local sales tax for East Baton Rouge Parish, Baton Rouge and Zachary

9.5%

Combined state and local sales tax for Baker and Central

BUSINESS TAX CLIMATE RANKINGS FOR LOUISIANA BY THE TAX FOUNDATION FOR 2016

5 NO. 28 NO. 38 NO.

27 NO. 37 NO. 50

NO.

Unemployment insurance

Property

Corporate

396,873

Individual income

Overall rank

Sales

Capital Region total nonfarm employment, January 2016 (not seasonally adjusted)

CAPITAL REGION AVERAGE NONFARM EMPLOYMENT 2011

2012

369,300 375,000 2013

2014

2015

381,500 394,900 407,400* *Estimated

REAL ESTATE TRENDS FOR THE NINE-PARISH CAPITAL REGION (MARCH 2015 TO MARCH 2016)

+

7.7%

Homes sold

+

4.1%

Average home sales prices

EAST BATON ROUGE PERMITTING TRENDS, Q3 2014 TO Q3 2015

+

120%

Residential

+

33%

Commercial

SOURCE: Baton Rouge Area Chamber, U.S. Bureau of Labor Statistics, Site Selection, Louisiana Economic Development, FDIC, Louisiana Department of Revenue, Greater Baton Rouge Association of Realtors, City of Baton Rouge/East Baton Rouge Parish, The Tax Foundation, Louisiana Workforce Commission

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A17

2016 FACTBOOK

THE REGION

TALENT

EMPLOYERS IN THE CAPITAL REGION draw from a well-educated and skilled workforce throughout the nine-parish region. The region’s relatively low cost of living means employers can tap into a strong workforce no matter where they base their operations. For their part, employees are able to choose from a variety of communities in which to live and enjoy the lifestyle that best fits their needs.

CAPITAL REGION LABOR FORCE & PARTICIPATION AS OF JANUARY 2016

419,300

397,100

CIVILIAN LABOR FORCE

22,200

EMPLOYED

5.3%

UNEMPLOYED

UNEMPLOYMENT RATE

WHAT PEOPLE IN THE CAPITAL REGION EARN AS OF MAY 2015

120

U.S. MEAN

$36,000 $35,160

$51,240 $36,220

$44,880 $45,990

$43,760 $47,580

$40,210 $26,360

$32,710 $36,330

$32,650 $39,320

$20,610 $25,650

10

$20,610 $22,850

20

$22,730 $27,080

$63,930

$64,220 $56,980

$24,500 $29,520

30

$36,000 $44,610

40

$77,800

$82,370 $52,010 $53,000

50

$43,950 $46,160

$58,500

SALARY

60

$61,520

$73,800

70

$62,380 $71,220

80

$84,230 $82,980

90

$86,170

100

$100,790

110

CAPITAL REGION MEAN

$103,460

$115,020

TOTAL WORKERS

0 TRANSPORTATION & LOGISTICS

PRODUCTION

INSTALLATION, MAINTENANCE & REPAIR

CONSTRUCTION & EXTRACTION

FARMING, FISHING & FORESTRY

OFFICE & ADMINISTRATIVE SUPPORT

SALES & RELATED

PERSONAL CARE & SERVICE

BUILDING & GROUNDS CLEANING & MAINTENANCE

FOOD PREPARATION & SERVING RELATED

PROTECTIVE SERVICES

HEALTH CARE SUPPORT

HEALTH CARE PRACTITIONER & TECHNICAL

ARTS, DESIGN, ENTERTAINMENT, SPORTS & MEDIA

EDUCATION, TRAINING & LIBRARY

LEGAL

COMMUNITY & SOCIAL SERVICE

LIFE, PHYSICAL & SOCIAL SCIENCE

ARCHITECTURE & ENGINEERING

COMPUTER & MATHEMATICAL

BUSINESS & FINANCIAL OPERATIONS

MANAGEMENT

TOTAL WORKERS

18,430 15,910 6,340 9,070 2,840 4,850 2,460 19,420 5,080 22,620 10,940 12,440 32,770 11,470 13,310 38,150 55,080 300 36,900 19,430 25,110 27,380

SOURCES: U.S. Bureau of Labor Statistics, Louisiana Workforce Commission

A18

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

Projected top five growing occupations in Louisiana (2012 to 2022) EMPLOYMENT CHANGE

4,648

% CHANGE

1

COMPUTER & MATHEMATICAL

2

HEALTH CARE SUPPORT

11,936

19.89%

3

PERSONAL CARE & SERVICE

14,792

19.24%

4

HEALTH CARE PRACTITIONERS AND TECHNICAL

22,185

16.99%

5

LIFE, PHYSICAL & SOCIAL SCIENCE

1,722

15.37%

22.76%

Projected top five growing industries in Louisiana (2012 to 2022) EMPLOYMENT CHANGE

% CHANGE

19,614

22.65%

4,970

19.68%

1

PROFESSIONAL, SCIENTIFIC & TECHNICAL SERVICES

2

MANAGEMENT OF COMPANIES & ENTERPRISES

3

HEALTH CARE & SOCIAL ASSISTANCE

51,027

18.16%

4

TRANSPORTATION & WAREHOUSING

12,509

16.39%

5

ADMINISTRATIVE AND SUPPORT AND WASTE MANAGEMENT AND REMEDIATION SERVICES

14,831

15.41%

Grow

with purpose

compete with strength

thrive with vision

grow. compete. thrive.

HTB is much more than a team of CPAs. We are a trustworthy, solutions-driven business advisor with nearly 100 years of valuable experience and insight. Let us partner with you to meet today’s complicated business challenges and help your company reach its maximum potential.

B AT O N R O U G E / D E N H A M S P R I N G S / N E W O R L E A N S 225. 928. 47 70 / www.htbcpa.com

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A19

2016 FACTBOOK

THE REGION Degrees offered by public colleges in Louisiana

2,520

Certificates 6,730

Associates 5,788 Post-associate certificate 17

Bachelor’s 18,296 Post-bachelor certificate 148

Master’s 5,128 Post-master’s certificate 13

Doctoral 562 Post-doctoral certificate 0

Specialist 37

Other 1,094

Total 40,333

EDUCATION IN AN EFFORT to achieve excellence in education, the Louisiana Department of Education and the Louisiana Board of Regents continue to improve and advance innovation in primary and postsecondary education, higher education and vocational training. According to U.S. News and World Report’s Best High Schools in 2015, their efforts are starting to pay off.

Louisiana has four gold, five silver and 81 bronze medal schools. The state is also recognized for its career and technical education. With promising charter schools and STEM programs redefining primary and secondary education, Louisiana’s best days are ahead as students become better prepared to tackle jobs in the Capital Region’s booming industrial sector and ever-growing innovation scene.

Diploma

Source: Louisiana Board of Regents, for years 2014-2015

Education by the numbers

129 19.4 2016 LSU national ranking

Source: 2016 edition of Best Colleges, National Universities, U.S. News and World Report

A20

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

74.6%

50.4%

66.6%

2015 Average ACT score

2013-14 Louisiana high school graduation rate

Source: Louisiana Department of Education

Source: Louisiana Department of Education

College graduation rate among public institutions

2014 college retention rate among public institutions

Source: Board of Regents

Source: Board of Regents

Top 10 Capital Region schools 1. Baton Rouge Magnet High School

6. Oak Grove Primary School

2. Sherwood Middle Academic Academy

7. Dutchtown Middle School

3. Westdale Heights Academic Magnet School

8. Baton Rouge Foreign Language Academy Immersion Magnet

4. Prairieville Middle School

9. Dutchtown Primary School

5. Dutchtown High School

10. Mayfair Laboratory School

Source: Louisiana Department of Education, 2015 SPS District Performance Scores across the nine-parish Capital Region.

Colleges in the Capital Region Southern University and A&M College

Southeastern Louisiana University Baton Rouge Community College

LSU

Our Lady of the Lake College

Northshore Technical Community College (Hammond campus)

River Parishes Community College

Top 10 undergraduate degrees awarded at Louisiana’s four-year universities

Top 10 degrees/ certificates awarded at Louisiana’s two-year colleges

1. Business Administration, Management and Operations

1. Liberal Arts and Sciences, General Studies and Humanities

2. Liberal Arts and Sciences, General Studies and Humanities

2. Business Operations Support and Assistant Services

3. Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing

3. Practical Nursing, Vocational Nursing and Nursing Assistants

4. Biology, General

5. Industrial Production Technologies/ Technicians

5. Psychology, General 6. Teacher Education and Professional Development (levels and management) 7. Teacher Education and Professional Development (subject areas) 8. Accounting and Related Services

9. Communication and Media Studies 10. Criminal Justice and Corrections

4. Precision Metal Working

6. Business/Commerce, General 7. Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing 8. Electromechanical Instrumentation and Maintenance Technologies 9. Vehicle Maintenance and Repair Technologies 10. Allied Health Diagnostic, Intervention, and Treatment Professions Source: Louisiana Board of Regents

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A21

2016 FACTBOOK

THE REGION CAPITAL REGION EXPORTS BY THE NUMBERS

18.31 BILLION $

COURTESY PORT OF GREATER BATON ROUGE

Total value of exports

Nº 20

Rank among top 100 U.S. metros in total value of exports

31.7

A GLOBAL ECONOMY INTERNATIONAL TRADE IS an important element of both the Louisiana and Capital Region economies. The U.S. Chamber Enterprising States 2015 report ranked Louisiana as the No. 1 state in the U.S. for Transportation and Trade, placing first in export intensity and second in export growth. According to the U.S. Census Bureau’s Foreign Trade Division, for the seven years ending in

.

%

Exports as a share of metro area GDP

2014 (latest available data), Louisiana’s export growth (114%) nearly tripled the growth of U.S. exports (41%).

Louisiana’s exports totaled almost $65 billion in 2014, ranking the state No. 6 in the country for exports. Since January 2008, Louisiana has ranked No. 1 in the U.S. for attracting the most foreign direct investment per capita, according to fDi Intellegence magazine.

.

Nº 1

Rank among top 100 U.S. metros in exports as a share of metro area GDP

CANADA $582 million 7.7% share

BELGIUM $466 million 6.2% share

59,774

CHINA

MEXICO

$633 million 8.4% share

$1.33 BILLION 17.7% SHARE

Total export-supported jobs

BRAZIL

$534 million 7.1% share

TOP EXPORT MARKETS

+9.1

%

Growth in value of exports, 2008-2014

TOP INDUSTRIES

BY VALUE OF EXPORTS

BY VALUE OF EXPORTS IN 2014 AND SHARE OF TOTAL EXPORT VALUE

A22

PETROLEUM & COAL PRODUCTS $6.1 billion 33.5%

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

BASIC CHEMICALS $5.7 billion 31.2%

RESINS & SYNTHETIC RUBBERS $2.9 billion 16.1%

PESTICIDES & FERTILIZERS $569.6 million 3.1%

CHEMICAL MANUFACTURING ROYALTIES $525.6 million 2.9%

INTERNATIONAL COMPANIES WITH A PRESENCE IN THE CAPITAL REGION BELGIUM

• Carmeuse Lime & Stone Inc.

CANADA

INDIA

• CMC Americas Inc.

• PCS Nitrogen Inc. • Action Oilfield Services Inc.

IRELAND

FRANCE

JAPAN

• Air Liquide America LP • Epsco International Inc. • Rhodia Inc.

GERMANY

• BASF Corp.

• Odom Hydrographic Systems Intl.

• Siemens Industry Inc.

• Big River Industries Inc.

• BFS Retail and Commercial Ops • Elliott Co • Shintech Louisiana LLC

SWITZERLAND

• Syngenta Crop Protection Inc. • A B B Inc.

UNITED KINGDOM • Shell Chemical • Shell Oil • BP Lubricants USA • Drax

TAIWAN

• Formosa Plastics Corp.

• TTM & R • Nan Ya Plastics Corp. America • J-M Manufacturing Co Inc.

MEXICO

• Mexichem Fluor Inc.

PHOTOS COURTESY PORT OF GREATER BATON ROUGE

The TBC Princess docks at the Port of Greater Baton Rouge to retrieve the first shipment of wood pellets from Drax Biomass in April 2015.

A train at dock near Drax Biomass.

United Kingdom-based Drax Biomass manufactures wood pellets to use for renewable low-carbon power generation. The company has facilities at the Port of Greater Baton Rouge, Amite and Bastrop. The wood pellets are loaded onto ships at the port and shipped to Europe, where they are used for power generation. Two large storage domes constructed at the port hold more than 40,000 tons of pellets each; the Baton Rouge facility can process 2 million metric tons of pellets— and load and ship 40 cargo vessels—annually.

SOURCES: Brookings Institute, International Trade Administration, Baton Rouge Area Chamber

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A23

2016 FACTBOOK

THE REGION

SMALL BUSINESS

SMALL BUSINESSES ARE an integral part of the Capital Region’s social and economic landscape. Reflecting entrepreneurial spirit and a drive for innovation, firms with fewer than 100 employees account for 76.7% of all establishments. The Capital Region is smallbusiness friendly: The Small Business & Entrepreneurship Council has ranked Louisiana among the top 20 states in the nation for entrepreneurship and small business, thanks to its low personal income, property and unemployment taxes as well as other factors.

Size of businesses in Capital Region by industry INDUSTRY

MICRO

SMALL

MEDIUM LARGE

Retail trade (2,832)

43.8%

18.1%

3.4% 34.7%

Professional, scientific & technical services (2,157) 75.5%

15.3%

2.3%

Health care & social assistance (1,920) 53.9%

28.8%

8.1% 9.2%

Other services (1,794)

74.4%

18.9%

2.6% 4.2%

Construction (1,550)

70.4%

20.3%

2.5% 6.8%

Accommodation & food services (1,462) 39.3%

33.9%

4.7% 22.1%

Finance & insurance (1,332)

43.5%

13.8%

7.7% 35.1%

Wholesale trade (973)

43.8%

26.4%

7.6% 22.2%

Administration, support, waste management & remediation services (863)

57.5%

20.8%

4.2% 17.5%

Real estate, rental & leasing (724)

66.4%

11.9%

5.4% 16.3%

Manufacturing (585)

51.6%

25.8%

7.2% 15.4%

Transportation & warehousing (507)

48.5%

15.6%

5.1% 30.8%

Information (248)

35.5%

9.7%

3.6% 51.2%

Arts, entertainment & recreation (237) 67.5%

23.6%

6.3% 2.5%

Educational services (217)

37.3%

6.0% 7.8%

Management of companies & enterprises (139) 7.2%

20.1%

17.3%

Mining, oil and gas extraction (73)

57.5%

19.2%

2.7% 20.6%

Utilities (66)

18.2%

7.5%

18.2% 56.1%

Agriculture, forestry, fishing & hunting (46) 67.4%

23.9%

2.2% 6.5%

TOTAL (17,725)

20.9%

4.7%

(Number of establishments)

<10 employees

48.9%

55.8%

10-99 employees

100-499 employees

>500 employees

6.9%

55.4%

18.6%

Some industry percentages do not add up to 100 due to rounding.

SOURCE: 2014 Top 100 Private Companies, Business Report

A24

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

VD. FLORIDA BL

GULF SOUTH TECHNOLOGY SOLUTIONS

No. 4829

STARMOUNT LIFE INSURANCE COMPANY

20 employees 3-year growth: 63% 2014 revenue: $3.1 M

GOODWOOD BLVD.

192 employees 3-year growth: 49% 2014 revenue: $98.4 M

No. 1785

FMM

35 employees 3-year growth: 224% 2014 revenue: $3.8 M

E IN RL AI

No. 689

BLVD. SHERWOOD FOREST

No. 4327

Y. HW

SOUTHERN MARSH COLLECTION

30 employees 3-year growth: 656% 2014 revenue: $17.2 M

No. 4331

VERMA SYSTEMS

28 employees 3-year growth: 63% 2014 revenue: $3.1 M

No. 364

E-GOV SYSTEMS

64 employees 3-year growth: 656% 2014 revenue: $6.7 M

No. 3386

39 employees 3-year growth: 97% 2014 revenue: $60.8 M

N SO OL CH NI

No. 975

DARREN JAMES REAL ESTATE EXPERTS

.

DR

On the Inc. 5000

COUR SEY B LVD.

SHOPPERSCHOICE.COM

28 employees 3-year growth: 453% 2014 revenue: $2.8M

No. 2812

INVESTAR HOLDING

TRANSFORMYX

36 employees 3-year growth: 358% 2014 revenue: $12.8 M

BATON ROUGE’S TOP 10 PRIVATE COMPANIES WITH 100 OR FEWER LOCAL EMPLOYEES COMPANY EMPLOYEES Lipsey’s 75 Lavigne Oil Co. 32 Lyons Specialty Co. 87 The Celtic Group 74 Mercedes-Benz of Baton Rouge 85 Ralph Sellers Chrysler Dodge Jeep & Ralph Sellers Hyundai 67 LUBA Workers’ Comp 100 Guaranty Group 76 Stonetrust Commercial Insurance Co. 65 Morel G. Lemoine Distributors 40

SIE GE NL N.

BL UE BO NN ET BLV D.

No. 1177

Y. HW

THE CAPITAL REGION’S FASTESTGROWING PRIVATE COMPANIES (2015)

E IN RL AI

171 employees 3-year growth: 131% 2014 revenue: $22.5 M

No. 1441

ENVOC

28 employees 3-year growth: 287% 2014 revenue: $2.9 M

PE RK INS

RD .

HIG HL AN DR D. BU RB AN K

DR .

TOP 10 SECTORS BY SMALL FIRM CONCENTRATION* (LOUISIANA, 2012) 2013 REVENUE $265,000,000 $168,581,010 $118,495,884 $104,962,000 $89,300,000 $87,759,855 $80,000,000 $62,184,000 $59,664,361 $58,000,000

Other services (except public administration) Professional/scientific/tech Construction Administration/support/waste management/remediation services Health care/social assistance Retail Real estate/rental/leasing Transportation/warehousing Arts/entertainment/recreation Accommodation/food services *Employer firms with fewer than 500 employees and nonemployer firms

73,318 48,841 45,479 41,253 39,697 35,255 35,153 17,974 15,652 13,973

SOURCES: U.S. Small Business Administration (2013), Inc.com, U.S. Department of Commerce Statistics of U.S. Businesses, Business Report Top 100 Private Companies

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A25

2016 FACTBOOK

THE REGION with wetlab needs and focuses on commercializing university technologies. It is under the umbrella of the LBTC and is located near the John Parker Ag Center on the LSU campus. laetc.com (225) 615-8901

AN ENTREPRENEURIAL ECOSYSTEM CAPITAL REGION STARTUPS may be one step closer to taking their ventures to the next level. A newly formed initiative by the Research Park Corp. to connect the city’s entrepreneurial resources and make them easily accessible in one online portal called NexusLA could advance economic development. With that and a wealth of other resources at their fingertips, Capital City entrepreneurs, innovators and technology driven companies can easily find the help they need to prosper.

Louisiana Business and Technology Center Located south of the LSU campus on 200 acres in LSU Innovation Park, the LBTC is one of the best resources in the area for entrepreneurs and small businesses. The center provides comprehensive consulting and counseling services, and also has office and shared workspace available in five separate incubators, including one just for LSU students, detailed in the list that follows. sites01.lsu.edu/wp/innovationpark/ about-lbtc/ (225) 578-7555

RESOURCES

ANGEL NETWORKS/ VENTURE CAPITAL

NexusLA Launched in April 2016 as an arm of Louisiana’s Research Park Corp., the goal of NexusLa is to implement regional initiatives that convene, connect and strengthen the innovation ecosystem in the Baton Rouge area and connect entrepreneurial resources across the state. The ultimate goal: Improve Louisiana’s ability to compete for jobs, talent and public/private funding, ultimately helping the state to emerge as a model and resource for accelerating the success of innovation ecosystems.

Nexus-la.org Baton Rouge Area SCORE This nonprofit association provides free and confidential business counseling tailored to meet the needs of small businesses and their personal objectives.

SCORE also offers periodic seminars and workshops for both startup entrepreneurs and small businesses already in operation. batonrougearea.score.org/ (225)-381-7130

A26

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

Innovation Catalyst Innovation Catalyst, formerly Step One Ventures, is a Baton Rouge-based nonprofit Venture Development Organization formed by community leaders to strengthen and broaden Louisiana’s entrepreneurial ecosystem and drive new high-tech company formation through education, connections and capital. By collaborating with existing resources in the state, Innovation Catalyst is able to identify, engage and educate Louisiana entrepreneurs by connecting them to the right sources to accelerate their business. innovationcatalyst.us/ 844-225-4332 Baton Rouge Angel Network This entity is a Baton Rouge extension of the New Orleans based NO/LA Angel Network. The mission of this group of active, early-stage investors is to educate its membership in making solid investment decisions, and identify and vet promising early-stage companies for investment.

The overarching goal is to foster economic

development and job creation in Louisiana through the aggregated investment capital of its members. The NO/LA and Baton Rouge Angel Networks are intent on becoming a substantive member of the early stage ecosystem by supporting the entrepreneurial explosion occurring in New Orleans and in Louisiana. nolaangelnetwork.org/ info@nolaangelnetwork.org

INCUBATORS Louisiana Business and Technology Center This 25,000-square-foot incubator houses some 30 startups in LSU Innovation Park and has several separate specialty incubators under it. sites01.lsu.edu/wp/innovationpark/ about-lbtc/ (225) 578-7555 Louisiana Technology Park A business incubator located in Bon Carré on Florida Boulevard that provides high-tech startup companies with the resources to bring their products and services to market faster. Louisiana Technology Park also has a separate digital media incubator, Level Up Lab. latechpark.com (225) 218-1100 Edible Enterprises This commercial kitchen and food production incubator in Norco services emerging food ventures between Baton Rouge and New Orleans.

Edibleenterprises.org (985) 764-1504 Louisiana Emerging Technology Center This incubator specializes in companies

LSU AgCenter Food Incubator This business incubator specializes in the development of emerging food ventures.

It is under the umbrella of the LBTC and is located on the LSU campus in Baton Rouge adjacent to the Department of Food Sciences. lsuagcenter.com/en/our_offices/ departments/Food_Science/Extension_Outreach/incubator/ (225) 578-7213 LSU Student Incubator This small business incubator for LSU undergraduate and graduate students is located in Innovation Park. It is under the umbrella of the LBTC. sites01.lsu.edu/wp/innovationpark/ about-lbtc/lsu-student-incubator/ (225) 578-7555 Pennington BioTech Initiative This incubator is specifically designed for companies that are creating medical devices, medical software and medical technologies. The initiative is a partnership among LSU, the LBTC and Pennington Biomedical Research Center, which contracts out the use of its labs for a fee to companies in the incubator. It is under the umbrella of the LBTC. Southeast Louisiana Business Center This business incubator and resource center for startups in Washington, St. Tammany, Tangipahoa, Livingston and St. Helena parishes is located on the campus of Southeastern Louisiana University in Hammond. southeastern.edu/admin/slbc/services/index.html (985) 549-3199 Dixie Business Center Founded in 1992 by DEMCO, this Denham Springs incubator helps fledgling businesses compete by providing shared services, as well as 50,000 square feet of office space and warehousing. dixiebusinesscenter.org/ (225) 665-0809 Louisiana Small Business Development Center at Southern University Since 1996, the LSBDC has been providing individual consulting services, training programs/seminars, and information assistance to potential and existing small businesses in the greater Baton Rouge region. lsbdc.org/subr/ 225-774-9213

COWORKING SITES Creative Bloc 804 Main St. (225) 612-2112

INCENTIVES

EXPANDING? RELOCATING? STARTING UP? Louisiana’s tax credits and incentive programs give companies a competitive edge. Here’s a summary of the incentives available through Louisiana Economic Development. Get all the details at opportunitylouisiana.com/incentives.

LED FASTSTART The nation’s No. 1 workforce training program, FastStart creates customized employee recruiting, screening and training solutions—at no cost to eligible companies.

ANGEL INVESTOR TAX CREDIT Up to a 25.2% tax credit for individual investors who invest in early stage, wealth-creating businesses that seek startup and expansion capital.

COMPETITIVE PROJECTS PAYROLL INCENTIVE PROGRAM An incentive rebate of up to 15% of a participating company’s new payroll for up to 10 years, and a rebate of sales and use taxes on capital expenditures or a 1.2% project facility expense rebate.

DIGITAL INTERACTIVE MEDIA AND SOFTWARE DEVELOPMENT INCENTIVE Up to a 35% refundable tax credit for in-state labor, coupled with up to a 25% refundable credit for eligible production expenses.

ENTERPRISE ZONE Either a $3,500 or $1,000 tax credit for each certified net, new job created and either a 4% sales/ use tax rebate on capital expenses or 1.5% investment tax credit for qualifying expenses.

INDUSTRIAL TAX EXEMPTION 100% property tax abatement for up to 10 years on a manufacturer’s new investment and annual capitalized additions.

MOTION PICTURE INVESTOR TAX CREDIT Up to a 30% transferable tax credit for qualified production expenditures and an additional 10% tax credit for Louisiana labor expenditures.

MUSICAL AND THEATRICAL PRODUCTION TAX INCENTIVE A unique tax credit on qualified production or higher education infrastructure development expenditures with additional tax credits available for payroll.

QUALITY JOBS Up to a 6% rebate on annual payroll expenses for up to 10 years and either a 4% sales/use tax rebate on capital expenses or a 1.5% investment tax credit for qualifying expenses.

RESEARCH AND DEVELOPMENT TAX CREDIT A tax credit up to 40% to existing businesses with operating facilities in Louisiana to establish or continue research and development within the state.

RESTORATION TAX ABATEMENT A 100% property tax abatement for up to 10 years for the rehabilitation of an existing structure.

SOUND RECORDING INVESTOR TAX CREDIT An 18% tax credit issued as a rebate for qualified production expenditures on state-certified sound recording projects.

TECHNOLOGY COMMERCIALIZATION CREDIT AND JOBS PROGRAM A refundable tax credit of 28.8% for companies that invest in the commercialization of Louisiana technology and a payroll rebate of 4.32% for the creation of new direct jobs.

SPECIAL PROGRAMS FOR SMALL BUSINESSES From entrepreneurial startups to small business growth and expansion, Louisiana offers a comprehensive array of educational, managerial and financial programs that cultivate small business opportunities.

CEO ROUNDTABLES Peer groups that give executives the opportunity to discuss business practices and management strategies with other executives who deal with similar growth challenges.

ECONOMIC GARDENING INITIATIVE Provides customized core business strategies, market research, qualified sales leads and improved Internet and technology tailored to your growing needs.

HUDSON INITIATIVE Certification program offers greater access to purchasing and contracting opportunities at the state government level.

SMALL BUSINESS LOAN AND GUARANTY PROGRAM Provides loan guarantees to banks and other small business lenders in association with the SSBCI ranging from $5,000 to $1.5 million.

SMALL AND EMERGING BUSINESS DEVELOPMENT PROGRAM Provides for developmental assistance, including entrepreneurial training, marketing, computer skills, accounting, legal and industry-specific assistance.

VETERANS’ INITIATIVE Helps veteran-owned and service-connected disabled veteran-owned small businesses gain greater access to purchasing and contracting opportunities at the state level.

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A27

2016 FACTBOOK

THE REGION

Conventions and meetings

280+

Number of conventions and meetings booked by Visit Baton Rouge in 2015

200,000

Number of attendees at conventions and meetings booked by Visit Baton Rouge in 2015

$4.4 million

Net occupancy tax collections for area hotels in 2015

100,000+

Room nights booked in area hotels by Visit Baton Rouge in 2015

HOSPITALITY

LIVING UP TO ITS southern reputation as a hospitality hub, the Capitol Region continues to develop new ways to provide visitors with a warm reception and a good time. With the fruits of a downtown renaissance spurring renewed investment in Baton Rouge’s hospitality infrastructure, downtown is booming with new hotels, living options and an invigorated culinary scene rivaling that of its Cajun neighbor in Lafayette and further south in the Big Easy. As the Mississippi River winds its way around the city’s boundaries, visitors enjoy scenic views with an eclectic blend of blues music, food and fun, making the Capital City a must for any traveler looking for a taste of Southern comfort.

Major hotels and resorts

Meeting and exhibition facilities

• • • • • • • • •

• Pete Maravich Assembly Center

• West Baton Rouge Conference Center

• The Baton Rouge River Center

• Ashley Manor Catering

• Lamar-Dixon Expo Center

• Drusilla Place Catering

• Crowne Plaza

• Louisiana’s Old State Capitol

Crowne Plaza Belle of Baton Rouge Casino and Hotel Hilton Baton Rouge Capitol Center L’Auberge Casino & Hotel Baton Rouge* The Renaissance Baton Rouge Hotel* The Baton Rouge Marriott The Cook Hotel and Conference Center at LSU The Clarion Inn and Conference Center White Oak Plantation

* AAA Four Diamond Award

• L’Auberge Casino & Hotel Baton Rouge • Belle of Baton Rouge Casino and Hotel • Hilton Baton Rouge Capitol Center • Nottoway Plantation & Resort • LSU Museum of Art • The Renaissance of Baton Rouge Hotel • The Capitol Park Museum

Nottoway Plantation and Resort A28

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

• Baton Rouge Marriott

• The Cook Hotel and Conference Center at LSU • Clarion Inn and Conference Center • Old Governor’s Mansion • White Oak Planation • Reflections • The Echelon Center • The Lyceum Ballroom • Boudreaux’s Catering

Sporting events

50

Number of sporting events brought to Baton Rouge by the Baton Rouge Area Sports Foundation and Visit Baton Rouge in 2015

118,151

Number of travelers brought in by those sporting events in 2015

$34.1 million

Economic impact of sporting events—a record in the Baton Rouge Area Sports Foundation’s 22-year history

Major sporting events in 2015:

The Louisiana Marathon, Purple and Gold Gymnastics Championships, USSSA Baseball tournaments, the United Cup Soccer Tournament and Deep South Bayou Duals Wrestling tournament

HB-BR-4.25x10.5-PQ.pdf

1

5/3/16

2:51 PM

OWEN SWEENEY

Lady Antebellum

AL WAGNER/INVISION/AP

On the calendar Major upcoming events Bayou Country Superfest May 27-29 The annual event in Tiger Stadium is known nationally for bringing country music’s biggest acts all to one place for the Memorial Day weekend. This year, headliners include Luke Bryan, Jason Aldean and Eric Church, with other performers such as Darius Rucker, Lady Antebellum and Dierks Bentley.

C

M

Y

CM

MY

CY

CMY

K

Darius Rucker

Louisiana Marathon Jan. 15, 2017 The Louisiana Marathon is a nationally recognized, three-day running festival that showcases the sport of running with the passion of Louisiana music, cuisine and art. Races include the Louisiana Marathon, the Louisiana Half Marathon, the Louisiana Quarter Marathon, the Louisiana 5K and The Louisiana Kids Marathon. In 2015, the race was recognized as a “top 10 race to beat the winter blues” by Runner’s World. The marathon raises charitable contributions for a variety of organizations both locally and nationally.

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A29

Charge

up your

business

Place your company’s message in the most electric issue of the year.

Business Report’s

TOP 100 PRIVATE COMPANIES Coming in JULY

Contact SHARON WRIGHT at 225.928.1700 to place your ad!

A30

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

2016 FACTBOOK

PARISH PROFILES

EAST BATON ROUGE POPULATION: 446,753

TOP EMPLOYERS

MEDIAN HOUSEHOLD INCOME: $48,535

NO. OF EMPLOYEES

EAST BATON ROUGE PARISH

POPULATION

< 18 YRS.

22.8% 23.9%

> 65 YRS.

4,670,724

+1.5%

WHITE

48.9% 63.4%

+3.0%

BLACK

46.2% 32.5%

$166,800 $140,400

191,203 2,010,868 HOUSING UNITS

446,753

2015 ESTIMATE % CHANGE 4/2010 - 7/2015

12.4% 13.6%

LOUISIANA

HOMEOWNERSHIP RATE 2009-2013 60% 66.3%

12,087 BUSINESS QUICK FACTS 104,375 Private nonfarm establishments, 2013

MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014

FEMALE

52.1% 51.1%

$48,535 $44,991 BACHELOR’S DEGREE OR HIGHER

MEDIAN HOUSEHOLD INCOME 2010-2014

PERSONS 25+

Turner Industries Group LSU System Performance Contractors Our Lady of the Lake Regional Medical Center Exxon Mobil Corp.

Baton Rouge General Medical Center AT&T CB&I EXCEL Group Blue Cross and Blue Shield of Louisiana MMR Group Woman’s Hospital Valluzzo Companies Cox Communications McDonald’s of Baton Rouge Southern University Dow Chemical Co. James Construction Group Boh Brothers Construction Cajun Industries

9,875 6,250 5,500 4,500 4,214 4,000 3,000 2,500 2,500 2,203 2,200 1,800 1,700 1,600 1,598 1,500 1,404 1,227 1,200 1,200

34.1% 22.1%

249,626 1,687,956

6.7% 2.7%

36,253 348,367

1,464 15,255

455.37 43,203.90

Private nonfarm employment, 2013

Private nonfarm employment, percent change, 2012-2013

Nonemployer establishments, 2013

Building permits, 2014

Land area, square miles, 2010

Source: US Census Bureau State & County QuickFacts, Baton Rouge Area Chamber, Pinnacle Entertainment

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A31

Issue Date: 5-10-16 MFB Ad proof #2

• Please respond by e-mail or fax with your approval or minor revisions.

• AD WILL RUN AS IS unless approval or final revisions are received by the close of business today.

• Additional revisions must be requested and may be subject to production fees.

Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS

2016 FACTBOOK

PARISH PROFILES

This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329

, REAL ESTATE MANAGEMENT, LLC

Sales • Leasing • Counseling • Property Management

ASCENSION

POPULATION: 119,455

Site Selection.

Tenant Representation.

MEDIAN HOUSEHOLD INCOME: $70,207

POPULATION ASCENSION PARISH

119,455

2015 ESTIMATE % CHANGE 4/2010 - 7/2015

New Orleans 504-525-0190 < 18 YRS.

> 65 YRS.

27.6% 23.9%

WHITE

74.1% 63.4%

10.2% 13.6%

BLACK

22.9% 32.5%

44,102 2,010,868 HOUSING UNITS

FEMALE

50.7% 51.1%

HOMEOWNERSHIP RATE 2010-2014 80.19% 66.3%

A targeted approach to your advertising June 7 Industry

$166,300 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014

List: Heavy Equipment Dealers Deadline: May 25

$70,207 $44,991

June 21 Insurance Report

List: Property & Casualty Insurance Co. List: Workers’ Comp Deadline: June 9

CONTACT Sharon Wright @ 421-8133 | swright@businessreport.com A32

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

+3.0%

TOP EMPLOYERS

snappy@snappyjacobs.com

FOCUS

4,670,724

+11.4%

Baton Rouge 225-381-0105 www.snappyjacobs.com

LOUISIANA

BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 25.8% 22.1%

MEDIAN HOUSEHOLD INCOME 2010-2014

NO. OF EMPLOYEES

BASF Corp.

Parish of Ascension CF Industries Wal-Mart Stores Shell Chemical LeBlanc’s Food Store St. Elizabeth Hospital

1,047 744 700 700 650 600 489

BUSINESS QUICK FACTS 35,665 +7.4% 1,687,956 +2.7% Private nonfarm employment 2013

Private nonfarm employment, percent change, 2012-2013

2,094 7,976 104,375 348,367 Private nonfarm establishments 2013

Nonemployer establishments, 2013

926 15,255

289.98 43,203.90

Building permits, 2014

SOURCE: U.S. Census Bureau: State and County QuickFacts, Baton Rouge Area Chamber

Land area in square miles

EAST FELICIANA POPULATION: 19,696

IBERVILLE

MEDIAN HOUSEHOLD INCOME: $46,220

POPULATION: 33,095

MEDIAN HOUSEHOLD INCOME: $45,692

POPULATION EAST FELICIANA PARISH

LOUISIANA

19,696

2015 ESTIMATE % CHANGE 4/2010 - 7/2015

POPULATION

4,670,724

-2.8%

+3.0%

IBERVILLE PARISH

33,095

2015 ESTIMATE % CHANGE 4/2010 - 7/2015

19.5% 23.9%

WHITE

53.7% 63.4%

15.9% 13.6%

BLACK

44.1% 32.5%

8,166 2,010,868 HOUSING UNITS

FEMALE

46.4% 51.1%

HOMEOWNERSHIP RATE 2010-2014 79.1% 66.3%

$128,000 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014

$46,220 $44,991 BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 12.9% 22.1%

MEDIAN HOUSEHOLD INCOME 2010-2014

Louisiana Dept. of Health and Hospitals Dixon Correctional Institute E. Louisiana State Mental Health System Feliciana Home Health Veterans Affairs Department Louisiana War Veterans Home Grace Health & Rehab Center Capital Area Technical College Screening Systems International

600 459 250 200 200 183 140 100 100

BUSINESS QUICK FACTS 3,305 +0.9% 1,687,956 +2.7% Private nonfarm employment 2013

Private nonfarm employment, percent change, 2012-2013

1,261 247 104,375 348,367 Private nonfarm establishments 2013

Nonemployer establishments, 2013

48 15,255

453.41 43,203.90

Building permits, 2015

Land area in square miles

+3.0%

TOP EMPLOYERS

NO. OF EMPLOYEES

> 65 YRS.

4,670,724

-0.9%

TOP EMPLOYERS < 18 YRS.

LOUISIANA

< 18 YRS.

> 65 YRS.

21.7% 23.9%

WHITE

49.4% 63.4%

13.6% 13.6%

BLACK

49.0% 32.5%

13,004 2,010,868 HOUSING UNITS

FEMALE

48.8% 51.1%

HOMEOWNERSHIP RATE 2010-2014 75.7% 66.3%

$105,300 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014

$45,692 $44,991 BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 12.7% 22.1%

SOURCE: U.S. Census Bureau: State and County QuickFacts, Baton Rouge Area Chamber

MEDIAN HOUSEHOLD INCOME 2010-2014

NO. OF EMPLOYEES

Dow Chemical 2,200 La. Dept. of Public Safety and Corrections 1,200 Syngenta Crop Protection 745 Parish of Iberville (Police Protection) 315 Axiall 300 Maintenance Enterprise II 300 Crown Enterprises 250 La. Dept. of Military Affairs 250 Louisiana State University System 205 National Institutes of Health 167

BUSINESS QUICK FACTS 9,784 +7.9% 1,687,956 +2.7% Private nonfarm employment 2013

Private nonfarm employment, percent change, 2012-2013

2,157 527 104,375 348,367 Private nonfarm establishments 2013

Nonemployer establishments, 2013

95 15,255

618.63 43,203.90

Building permits, 2014

Land area in square miles

Daily-Report.com | BUSINESS REPORT, May 10, 2016

A33

2016 FACTBOOK

PARISH PROFILES

POINTE COUPEE

LIVINGSTON POPULATION: 137,788

MEDIAN HOUSEHOLD INCOME: $57,478

POPULATION: 22,251

MEDIAN HOUSEHOLD INCOME: $46,158

POPULATION LIVINGSTON PARISH

LOUISIANA

137,788

2015 ESTIMATE % CHANGE 4/2010 - 7/2015

POPULATION

4,670,724

+7.6%

+3.0%

POINT COUPEE PARISH

22,251

2015 ESTIMATE % CHANGE 4/2010 - 7/2015

> 65 YRS.

26.3% 23.9%

WHITE

91.4% 63.4%

11.6% 13.6%

BLACK

6.3% 32.5%

53,715 2,010,868 HOUSING UNITS

FEMALE

50.6% 51.1%

HOMEOWNERSHIP RATE 2010-2014 80.4% 66.3%

$151,100 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014

$57,478 $44,991 BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 17.3% 22.1%

A34

MEDIAN HOUSEHOLD INCOME 2010-2014

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

NO. OF EMPLOYEES

1,000

Wal-Mart Stores CB&I

600

Ferrara Fire Apparatus

400

Bass Pro Inc.

350

Acm Leasing

200

Global Scaffold Construction Services 200 Waste Management Holdings

200

OLOL Livingston

200

BUSINESS QUICK FACTS 19,448 +2.0% 1,687,956 +2.7% Private nonfarm employment 2013

Private nonfarm employment, percent change, 2012-2013

1,654 8,757 104,375 348,367 Private nonfarm establishments 2013

Nonemployer establishments, 2013

703 15,255

648.17 43,203.90

Building permits, 2014

Land area in square miles

4,670,724

-2.4%

+3.0%

TOP EMPLOYERS

TOP EMPLOYERS < 18 YRS.

LOUISIANA

NO. OF EMPLOYEES

< 18 YRS.

> 65 YRS.

23.0% 23.9%

WHITE

62.5% 63.4%

18.2% 13.6%

BLACK

35.6% 32.5%

11,287 2,010,868 HOUSING UNITS

FEMALE

52.0% 51.1%

HOMEOWNERSHIP RATE 2010-2014 77.5% 66.3%

NRG Nan Ya Plastics Corp., America Louisiana Dept. of Military Affairs Wal-Mart Stores Pointe Coupee General Hospital Lakeview Manor Inc. Town of New Roads Magnolia Management

BUSINESS QUICK FACTS 4,164 -1.1% 1,687,956 +2.7% Private nonfarm employment 2013

$115,300 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014

$46,185 $44,991 BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 12.6% 22.1%

SOURCE: US Census Bureau State & County QuickFacts, Baton Rouge Area Chamber

MEDIAN HOUSEHOLD INCOME 2010-2014

325 150 136 135 130 125 108 100

Private nonfarm employment, percent change, 2012-2013

1,447 370 104,375 348,367 Private nonfarm establishments 2013

Nonemployer establishments, 2013

54 15,255

557.35 43,203.90

Building permits, 2014

Land area in square miles

Issue Date: 3.1.16 Ad proof #1

• Please respond by e-mail or fax with your approval or minor revisions.

• AD WILL RUN AS IS unless approval or final revisions are received by the close of business today.

• Additional revisions must be requested and may be subject to production fees.

Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329

Together, we’ll make 2016 the best year ever CAPITOL Buick-GMC

ST. HELENA POPULATION: 10,567

225-293-3500 | www.capitolbuick.com 11055 Airline Hwy, Baton Rouge, LA 70816

MEDIAN HOUSEHOLD INCOME: $35,262

POPULATION ST. HELENA PARISH

LOUISIANA

10,567

2015 ESTIMATE % CHANGE 4/2010 - 7/2015

4,670,724

-5.7%

+3.0%

TOP EMPLOYERS < 18 YRS.

> 65 YRS.

22.5% 23.9%

WHITE

45.3% 63.4%

17.6% 13.6%

BLACK

53.0% 32.5%

5,159 2,010,868 HOUSING UNITS

FEMALE

NO. OF EMPLOYEES

Northshore Technical College

233

Judiciary Courts of the State of La.

125

Southland Steel Fabricators Inc.

100

Parish of St. Helena

90

Saint Helena Nursing Home

75

Amerchol Corp.

50

HOMEOWNERSHIP RATE 2010-2014

$83,400 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014

BUSINESS QUICK FACTS 1,146 -2.4% 1,687,956 +2.7% Private nonfarm employment 2013

$35,262 $44,991 MEDIAN HOUSEHOLD INCOME 2010-2014

Private nonfarm employment, percent change, 2012-2013

787 119 104,375 348,367 Private nonfarm establishments 2013

8.9% 22.1%

225-295-2998 | www.capitolmack.net 11055 Airline Hwy, Baton Rouge, LA 70816

CAPITOL Freightliner

51.5% 51.1%

82.6% 66.3%

BACHELOR’S DEGREE OR HIGHER PERSONS 25+

CAPITOL Mack

0 15,255

Building permits, 2014

SOURCE: US Census Bureau State & County QuickFacts, Baton Rouge Area Chamber

Nonemployer establishments, 2013

408.40 43,203.90 Land area in square miles

225-295-2929 | www.capitoltrucksllc.com 4747 Sherwood Common Blvd.

Baton Rouge, LA 70816 Concrete Products (Block, Pipe, and Culverts)

Concrete and Steel (Crane Rental and Rigging)

Truck Service

(Common Carrier)

225-344-9074 | capitolcompaniesgroup.com 17321 Airline Hwy. | Prairiville, La 70769 Daily-Report.com | BUSINESS REPORT, May 10, 2016

A35

Issue Date: 5.10.16 (MFB) Ad proof #1

• Please respond by e-mail or fax with your approval or minor revisions.

• AD WILL RUN AS IS unless approval or final revisions are received by the close of business today.

• Additional revisions must be requested and may be subject to production fees.

Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS

2016 FACTBOOK

PARISH PROFILES

This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329

RICKY HILL

ccim

COMMERCIAL REAL ESTATE SALES & LEASING

WEST BATON ROUGE POPULATION: 25,490 MEDIAN HOUSEHOLD INCOME: $49,202

POPULATION

EXPERIENCE. INTEGRITY. SERVICE. rhill@latterblum.com • 225.295.0800 10455 Jefferson Hwy., Ste. 200 Baton Rouge, LA 70809-7248

WEST BATON ROUGE PARISH

LOUISIANA

25,490

2015 ESTIMATE % CHANGE 4/2010 - 7/2015

4,670,724

+7.2%

+3.0%

Issue Date: 5.10 Ad1 www.latterblum.com proof #4

• Please respond by e-mail or fax with your approval or minor revisions.

• AD WILL RUN AS IS unless approval or final Licensed by therevisions Louisiana Real Estate Commission. are received by the close of business today.

• Additional revisions must be requested and may be subject to production fees.

Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2015. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329

TOP EMPLOYERS < 18 YRS.

24.1% 23.9%

WHITE

59.6% 63.4%

Doctor’s office keeping you waiting?

(800) 256-3947

Choices Family Medical Clinics

6681 Sullivan Road Greenwell Springs, LA 70739 www.choicesfamilymc.com info@choicesfamilymc.com

E-Visits are now available!

A36

• Schedule personalized medical house or office calls.

• Wellness exams, follow-up care, routine care, medication management and much more.

• By high-quality, board-certified professionals.

• Appointments: Monday-Saturday, 8:00am-5:00pm.

• Medicare and most other commercial insurances accepted.

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

12.0% 13.6%

BLACK

38.5% 32.5%

10,059 2,010,868 HOUSING UNITS

FEMALE

51.0% 51.1%

HOMEOWNERSHIP RATE 2010-2014 69.6% 66.3%

Avoid Uncomfortable Waiting Rooms for Routine Visits

We Bring the Clinic to You

> 65 YRS.

NO. OF EMPLOYEES

Turner Industries Piping Scaffolding Rental & Erection Services Petrin Corp.

Trinity Marine Wal-Mart Stores Westgate Electrical & Instrumentation Shintech Placid Refining Company

BUSINESS QUICK FACTS 11,049 +4.4% 1,687,956 +2.7% Private nonfarm employment 2013

$149,500 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014

$49,202 $44,991 BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 18.0% 22.1%

MEDIAN HOUSEHOLD INCOME 2010-2014

571 460 375 370 350 350 222 210

Private nonfarm employment, percent change, 2012-2013

1,623 544 104,375 348,367 Private nonfarm establishments 2013

Nonemployer establishments, 2013

240 15,255

192.39 43,203.90

Building permits, 2014

Source: US Census Bureau State & County QuickFacts, Baton Rouge Area Chamber

Land area in square miles

WE BUILD

incredible MOBILE APPS

WEST FELICIANA POPULATION: 15,385

MEDIAN HOUSEHOLD INCOME: $53,967

for iOS and Android devices

POPULATION WEST FELICIANA PARISH

LOUISIANA

15,385

2015 ESTIMATE % CHANGE 4/2010 - 7/2015

4,670,724

-1.5%

+3.0%

TOP EMPLOYERS < 18 YRS.

> 65 YRS.

16.5% 23.9%

WHITE

52.9% 63.4%

12.6% 13.6%

BLACK

45.9% 32.5%

5,254 2,010,868 HOUSING UNITS

FEMALE

34.1% 51.1%

HOMEOWNERSHIP RATE 2010-2014 73.9% 66.3%

NO. OF EMPLOYEES

Louisiana State Penitentiary 1,500 Entergy Operations 700 West Feliciana Parish School District 410 KPAQ Industries 200 The Bluffs Limited Partnership 100 West Feliciana Parish Hospital 100 G4S Secure Solutions (USA) Inc. 85 Science App. International Corp.

82

BUSINESS QUICK FACTS 2,666 -0.2% 1,687,956 +2.7% Private nonfarm employment 2013

$166,000 $140,400 MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS 2010-2014

BACHELOR’S DEGREE OR HIGHER PERSONS 25+ 19.1% 22.1%

MEDIAN HOUSEHOLD INCOME 2010-2014

- Public Affairs Research Council of Louisiana

759 191 104,375 348,367 Private nonfarm establishments 2013

$53,967 $44,991

Private nonfarm employment, percent change, 2012-2013

“We evaluated several mobile development platforms and Cyber Fision was very responsive with providing great ideas for our needs. Ensuring a strong user experience was key for us, and using Cyber Fision we were able to restructure this compelling app.”

240 15,255

Building permits, 2014

Source: US Census Bureau State & County QuickFacts, Baton Rouge Area Chamber

Nonemployer establishments, 2013

403.21 43,203.90 Land area in square miles

MOBILE APP DEVELOPMENT - WEBSITE DEVELOPMENT - INTERNET MARKETING

Cyber Fision Inc. - 8000 Innovation Park Dr., Baton Rouge, LA 70820 225-800-6565 - info@cyberfision.com - http://cyberfision.com Daily-Report.com | BUSINESS REPORT, May 10, 2016

A37

2016 FACTBOOK

BUSINESS RESOURCE GUIDE

GETTING DOWN TO BUSINESS

Everything you need to know about starting a company in Louisiana.

1. CHOOSE A STRUCTURE

law as an entity. It has a life separate One of the first steps in forming any from its owners or stockholders. new business is to determine the type Many corporations begin as sole of business structure you will use. proprietorships or partnerships.

There are several structures to choose • Limited liability company: An from, including sole proprietorship, entity that is an unincorporated partnership, corporation, limited liability association having one or more company and limited liability partnership. members organized and filing articles Each has advantages and disadvantages with the secretary of state. It is as well as tax consequences. You designed to provide the limited liability may wish to consult a tax practitioner, features of a corporation and the tax accountant, attorney or other resource. efficiencies and operational flexibility of To operate in Louisiana, register as one a partnership. of the following: • Foreign corporation: A corporation • Individual or sole proprietorship: A organized outside the state may obtain business where only you, or your spouse, a certificate of authority in Louisiana by own the business, even though you may filing an application with the secretary have employees.

Issue Date: 5/10/16 Ad proof #3 of state’s corporations section and • Partnership: A business where two or • Please respondown by e-mail or fax with your approval or minor revisions. by appointing a registered agent to more people the business jointly.

• AD WILL RUN AS IS unless approval or final revisions accept service of process.

• Corporation: A business treated by are received by the close of business today.

2. DEVELOP A BUSINESS PLAN

A business plan defines your business, identifies your goal and serves as your firm’s résumé. The components include a current and pro forma balance sheet, an income statement and a cash flow analysis. Start with the Small Business Development Center nearest you to develop a plan.

• Additional revisions must be requested and may be subject to production fees.

Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329

225 .757. 5577 | W W W.GWOLIVER .COM

A38

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

Baton Rouge Area Chamber What: Publishes a small business guide.

Phone: 225-381-7125 Web: brac.org Dixie Business Center What: Offers free counseling and business plan guides Phone: 225-655-0809 Web: dixiebusinesscenter.org

Louisiana Economic Development What: Publishes a resource guide.

Phone: 225-342-3000 Web: opportunitylouisiana.com LSBDC at Southern University Baton Rouge What: Publishes a business plan guide.

Phone: 225-774-9213 Web: lsbdc.org LSBDC Technology Center What: Publishes a business plan guide and assists in developing personal business plan.

Phone: 225-578-4842 Web: lsbdc.org LSU’s Stephenson Entrepreneurship Institute What: Offers business plan guide and management consultation Phone: 225-578-0313 Web: business.lsu.edu/StephensonEntrepreneurship-Institute Service Corps of Retired Executives [SCORE] What: Publishes a guide and hosts workshops, which aids in developing a business plan.

Phone: 225-381-7130 Web: batonrougearea.score.org/

3. CHOOSE A NAME

Before you submit articles of incorporation, articles of organization and trade names, the Secretary of State’s Office recommends you conduct a preliminary check of the corporation or trade name. If the name you want is available, you should formally reserve it with the Secretary of State’s Office or wait for confirmation of your filing before obtaining stationery, business cards, phone listings, etc.

Secretary of State What: Preliminary checks and formal reservations for corporation or trade name. Names can be reserved for a fee of $25 and a period of 60 days. Two 30-day extensions are available upon request.

Phone: 225-925-4704 Web: sos.louisiana.gov Note: If you are an existing business coming to Louisiana from out of state and you have a trade name/trademark/ service mark filed with the U.S. Patent and Trademark Office, you should contact an attorney. Filings with the Louisiana Secretary of State’s Office are not cross-checked.

4. REGISTER YOUR BUSINESS

Small Business Administration IssuePublishes Date: 5-10-16 Adguide. proof #3 What: a business plan • Please respond by e-mail or fax with your approval or minor revisions.

Phone: 504-589-6685 • AD WILL RUN AS IS unless approval or final revisions Registration is required on local and Web: sba.gov are received by the close of business today.

• Additional revisions must be requested and may be subject to production fees.

state levels for businesses before they can operate.

his or her Social Security number. All other businesses must apply for a federal EIN.

East Baton Rouge Parish Clerk of Court What: Registration is required in the parish where an entity is doing business for unincorporated businesses such as sole proprietorships.

Phone: 225-389-3960 Web: ebrclerkofcourt.org

City-Parish Finance Department Revenue Division What: Contact for information regarding local sales tax policies and requirements.

Phone: 225-389-3061 Web: brgov.com/Dept/finance/

Louisiana Department of Revenue What: Registration is required for any business engaging in sales of any kind.

Phone: 855-307-3893 Web: rev.louisiana.gov Office of the Secretary of State What: Registration is required for corporations, partnerships and limited liability companies.

Phone: 225-925-4704 Web: sos.louisiana.gov

5. OBTAIN AN EIN AND TAX INFO

An employer identification number, or EIN, is also known as a taxpayer identification number, or TIN. A sole proprietorship that has no employees (and files no excise or pension tax returns) and an LLC with a single owner (where the owner will file employment tax returns) are the only businesses that do not need an employer identification number. The sole proprietor uses

Internal Revenue Service What: EINs for those businesses needing to file form SS-4, Application for Employer Identification Number. Information is also available on income tax withholding and federal unemployment tax forms.

Phone: 225-343-8625 Web: irs.gov Louisiana Department of Revenue and Taxation What: Contact for state sales tax registration, state ID number and income tax withholding.

Phone: 225-219-7356 [sales], 225219-0102 [income] Web: rev.louisiana.gov

6. SELECT A LOCATION

Consider the nature of your service or product and your target market when choosing a location. While retail businesses may desire visibility or easy access for walk-in trade, wholesalers and distributors typically need more space at a lower cost per square foot and truck or loading access. Business and

Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329

TO THE CITY OF

Central LOUISIANA

WE ’ R E OP E N FOR BU S I N E SS • R ATE D 2 N D - B E ST S C H O O L SYSTE M I N LO UI S I ANA EASILY ACCE SS IB LE – J UST M INU T E S F R O M I -1 2 , TH E A I R P O RT, D OW N TOW N • UNI Q UE Q UAL I TY O F L I F E D E VOT E D TO WOR K FO R C E D E V E LO P M E N T • L AC B D S I T E S E L E C TOR AVAI L AB L E

C E N T R A L E CO N O M I C D E V E LO P M E N T | 2 2 5 . 2 6 1 . 5 9 8 8 | W W W. D I S COV E R C E N T R A L . N E T Daily-Report.com | BUSINESS REPORT, May 10, 2016

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professional services tend to look for office buildings or professional centers.

You can find searchable databases online with information on available properties.

Certificates of occupancy are also issued by the local or parish government upon determination your type of business is located in the proper zone.

Phone: 225-342-3000 Web: opportunitylouisiana.com

7. OBTAIN PERMITS/ LICENSES

Proper federal, state and local business licenses and permits allowing a legal entity to operate in Louisiana must be obtained before the start of business, including permits, occupational licenses and certificates of occupancy.

City of Baker Inspections Division What: Mandatory zoning clearance/ inspections are required along with a business’s physical address. Physical address, survey map, legal description of property, scale of layout proposal and various fees are required for application to change zoning.

Phone: 225-778-0850 [Inspections Division], 225-775-5584 [Public Works] Web: cityofbakerla.com/inspections. html City of Central Municipal Services What: Mandatory zoning clearance/ inspections are required along with a business’s physical address. Physical address, survey map, legal description of property, scale of layout proposal and various fees are required for application to change zoning.

Phone: 225-262-5000 Web: centralgov.com City-Parish Department of Public Works Inspections Division What: Mandatory zoning clearance/ inspections are required along with a business’s physical address. Physical

Geauxbiz.com What: Streamlines registration, licensing, permitting and tax process and can direct you to the proper state and local licensing and taxing authorities.

Phone: 225-925-4704 Web: sos.la.gov

address, survey map, legal description of property, scale of layout proposal and various fees are required for application to change zoning.

Phone: 225-389-3226 [Inspections Division], 225-389-3158 [Public Works] Web: brgov.com/dept/dpw/inspections City of Zachary Inspections Division What: Mandatory zoning clearance/ inspections are required along with a business’s physical address. Physical

address, survey map, legal description of property, scale of layout proposal and various fees are required for application to change zoning.

Phone: 225-654-6873 [Inspections] Web: cityofzachary.org/inspections Louisiana Economic Development What: Provides databases on sites and buildings, parishes and communities, geospatial data, geographic suitability and featured megasites.

ENVIRONMENTAL Department of Environmental Quality What: A range of licenses and permits is granted to businesses in compliance with state and federal regulations. Its Small Business Assistance Program is a non-regulatory, non-enforcement program to help business owners comply with state and federal regulations.

Phone: 225-219-3263 Web: deq.louisiana.gov/portal Environmental Protection Agency What: Oversees all federal

It’s no secret that since P&N’s founding, our people have set us apart. Here in Baton Rouge, we’re the largest area CPA firm, with more than 300 professionals delivering diverse, innovative services to local, regional, national and international clients. Many of our team members also grew up and went to school here. So it’s no surprise that we’re deeply committed to making our home the best it can be by participating in more than 75 community organizations and events annually. We believe that Everyone Counts, Every Day... to our community, our clients, our firm and our profession.

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environmental legislation and has jurisdiction over the issuance of various permits and licenses, though this jurisdiction does not extend over all states for all matters.

Phone: 214-665-2200 or toll-free 800887-6063 Web: epa.gov Office of Environmental Services What: Oversees permits, licenses, registrations, certifications, authorizations, pre-permit meetings, small business assistance, customer assistance, outreach, complaints, and community relations.

Phone: 225-219-3181 Web: deq.louisiana.gov/portal/ tabid/2229/Default.aspx FOOD/BEVERAGE City of Baker ABC Office What: Businesses selling alcohol must contact the appropriate local office for requirements and fees.

Phone: 225-778-1751

What: Business address, zoning clearance and fees are required from businesses that will sell food and/or alcohol.

Phone: 225-242-4860, ext. 5 Web: dhh.louisiana.gov/index.cfm/ page/632/n/228

What: Local occupational license determined by type of business.

Requirements include picture ID and corporate charter/partnership agreement and fees, which vary.

Phone: 225-389-3084 Web: brgov.com/Dept/finance/

Office of Alcohol and Tobacco Control What: Any business selling beer, liquor or tobacco must obtain a state alcoholic beverage and/or tobacco license.

Phone: 225-925-4041 Web: atc.rev.state.la.us

Occupational Safety and Health Administration What: Requires no licenses or permits, but employers must display a poster describing relevant rights and responsibilities. Most employers must keep a log of work-related injuries and illnesses, which must be accessible to employees.

Phone: (202) 693-1999 Web: osha.gov

GENERAL City of Baker Finance Department What: Local occupational license determined by type of business.

Requirements include picture ID and corporate charter/partnership agreement and fees, which vary.

Phone: 225-778-1751 Web: cityofbakerla.com/finance.html

City-Parish Attorneyâ&#x20AC;&#x2122;s Office of Alcoholic Beverage Control What: Businesses selling alcohol must contact the appropriate local office for requirements and fees.

Phone: 225-389-3364 Web: brgov.com/dept/parishattorney/ abc.htm

City of Central Municipal Services What: Local occupational license determined by type of business.

Requirements include picture ID and corporate charter/partnership agreement and fees, which vary.

Phone: 225-262-5000 Web: centralgov.com/Depts/PZ/ licenses.html

East Baton Rouge Parish Health Unit Sanitation Section

City-Parish Finance Department Revenue Division

MEC_BTR_BRBR_hlfpg_horiz_city2.pdf

1

12/18/15

HOSPITAL/NURSING HOME/ CHILD CARE Bureau of Health Services Financing What: Certificates of need are prerequisites for the issuance of a hospital or nursing home license.

Phone: 225-342-3543 Web: la.gov Department of Social Services What: Licenses are required before a day-care center may be opened.

Phone: 225-342-0286 Web: dss.state.la.us/

Louisiana Department of Health and Hospitals, Division of Health Standards What: Licensing by the state is required before a hospital or nursing home may be opened.

Phone: 225-342-0415 Web: dhh.louisiana.gov/

8. SECURE FINANCING

If you are a small business and are unable to obtain sufficient funding through personal and family sources, the U.S. Small Business Administration offers several types of loans to prospective small business owners: loans made by private lenders [usually banks] that are guaranteed by the SBA. The SBA is not a bank, but extends guarantees or participation when a bank is unable or unwilling to provide the small businessâ&#x20AC;&#x2122;s entire financing by itself.

Prior to applying for financial assistance, a prospective small business owner must prepare a business plan, which should identify a market, choose a location, determine capital requirements, project cash flow, establish a credit rating and outline the nature and principles of the

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business. Loans, venture capital and financing programs are also provided by various state and local agencies.

U.S. Small Business Administration What: Provides financial assistance, including 7[a] Loan Guaranty Programs, SBA 504 Loan Programs, Community Express Pilot Loan Programs and 7[m] Microloan Programs.

Phone: 504-589-6685 Web: sba.gov

Gulf Coast BIDCO What: Limited-purpose bank [business and industrial development corporation] that makes business loans but does not take deposits or lend to individual customers.

Phone: 225-922-7717 Source BIDCO Corp.

What: Limited-purpose bank [business and industrial development corporation] that makes business loans but does not take deposits or lend to individual customers.

Phone: 225-922-7411 Downtown Development District What: Offers programs to encourage new businesses to move downtown, including Downtown Low Interest Loan Program, Historic Rehabilitation Tax Credit, Five-Year Property Tax Abatement on Improvement to Structures, Downtown Storefront Grant Program and Economic Development Zone.

Phone: 225-389-5520 Web: downtownbatonrouge.org

9. CHOOSE KEY VENDORS

Whatever its size, certain basic services and suppliers will be critical to your business, including legal services, banking and accounting, and insurance.

Venture Capital Match Program, Venture Capital Co-Investment Program, Minority Venture Capital Match Program, BIDCO Investment Program, Specialty BIDCO Investment Program and Seed Capital Investment Program.

Phone: 225-342-3000 Web: opportunitylouisiana.com

City-Parish Office of Community Development What: Coordinates municipal programs designed to foster community and business development, including administration of the Restoration Tax Abatement Louisiana Economic Development Program, a state program allowing What: Provides financial guidance businesses that fix up old buildings to pay including: Small Business Loan Program, Issue Date: 3.15.16 Ad proof Business Linked Deposit Program, Micro- #2property taxes at the pre-approved rate • Please respond Contact by e-mail orLoan fax with your approval or minor for revisions. at least five years. loan Program, Program • AD WILL RUN AS IS unless approval or final revisions Phone: 225-389-3039 and Ex-Im Bank City/State Program. are received by the close of business today.

Web: brgov.com/dept/ocd/ It• helps withrevisions venture capital through Additional must be requested and may be subject to production fees.

Rural Development State Office What: Finances programs that provide leadership in building competitive businesses and sustainable cooperatives, that help build healthy communities offering decent and affordable housing and essential services and that lead rural communities in improving the quality of life by administering their electric, telecommunication, water and waste programs.

Phone: 318-473-7921 Web: rd.usda.gov/la Small Business Investment Companies What: Privately owned, managed, empowered and licensed by the SBA to provide institutional sources of venture capital for small businesses.

Phone: 225-408-3000 Web: stonehengecapital.com

Louisiana Bankers Association What: A financial institution will help you handle all of the transactional necessities of doing business.

Phone: 225-387-3282 Web: lba.org Louisiana Department of Insurance What: Can help you learn more about your insurance needs as a business, including liability and other standard coverages.

Phone: 225-342-5900 Web: ldi.state.la.us Louisiana Society of CPAs What: Accounting advice and record-keeping are essential for doing business.

Phone: 504-464-1040 Web: lcpa.org

Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329

225-615-8298 | MAKAIRALANDSCAPE.COM | MAKAIRAPOOLS.COM A42

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Louisiana State Bar Association What: An attorney will be able to help you comply with the law, check out a business opportunity, prepare legal documents and negotiate deals.

Phone: 504-566-1600 Web: lsba.org

Occupational Safety and Health Administration What: Information on federal laws and regulations regarding working conditions and employee safety.

Phone: 225-298-5458 Web: osha.gov

Office of Workers’ Compensation What: Can help you learn more about your insurance needs as a business, including workers’ compensation insurance.

Phone: 225-342-7555 Web: laworks.net

U.S. Department of Labor What: Information on legal requirements and standards about minimum wage, employee compensation and employer record-keeping.

Phone: 504-589-6171 Web: dol.gov

10. KNOW THE LAWS

Starting and operating a business comes with a slew of strings attached. While we can’t print every law for you, here are a few categories along with resources to help you swim through the rest.

FEDERAL Foreign Trade Zone What: Information on tax exemption and duties for goods exchanged in the Foreign Trade Zone.

Local example: Greater Baton Rouge Port Commission Phone: 225-342-1660/504-342-5388 International Trade Division What: Information on trade laws and tax exemption for imported items.

Phone: 225-342-5361 Web: trade.gov

U.S. Securities and Exchange Commission What: Information on capital formation and federal securities law.

Phone: 202-942-8088 Web: sec.gov

U.S. Equal Employment Opportunity Commission What: Information on federal and equal opportunity laws about hiring, firing, recruitment, promotion and retention of employees.

Phone: 504-589-2329 Web: eeoc.gov U.S. Food and Drug Administration What: Information on federal regulations and the production, marketing, transporting, handling and sale of foods, drug products, medical devices, cosmetics, biologics and veterinary products.

Phone: 888-463-6332 Web: fda.gov U.S. Patent and Trademark Office What: Information on applying for a registered patent, brand name or trademark.

Phone: 800-786-9199 Web: uspto.gov

LOCAL City-Parish Department of Public Works What: Plans for new or renovated buildings must be approved, and on-site inspections may be required.

Phone: 225-389-3158 Web: brgov.com/dept/dpw/ STATE Louisiana Department of Revenue What: Defines several types of taxes that must be either paid or collected by businesses.

Phone: 225-219-7462 Web: rev.louisiana.gov/

Office of the Louisiana Secretary of State What: Provides information about corporate and trademark registration or partnership agreement.

Phone: 225-925-4704 Web: sos.louisiana.gov Office of Workers’ Compensation Administration What: An employer is liable for the related medical expenses and weekly benefit payments of any employee who is injured in his or her job.

Phone: 225-342-7555 Web: laworks.net State Fire Marshal What: All plans for new or renovated buildings must be reviewed by the state fire marshal.

Phone: 225-925-4911 Web: sfm.dps.louisiana.gov

n e e d: Business loans

s o l u t i o n: nichole Vicknair, VP Business serVices

campusfederal.org

225.769.8841

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Issue Date: 5.10.16 Ad proof #2

• Please respond by e-mail or fax with your approval or minor revisions.

• AD WILL RUN AS IS unless approval or final revisions are received by the close of business today.

• Additional revisions must be requested and may be subject to production fees.

Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS

2016 FACTBOOK

BUSINESS RESOURCE GUIDE

This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329

We’ve Got You FURNISHED Office Furniture World, Inc. has one of the largest selections of quality new office furniture in Louisiana.

We assemble & deliver furniture to Baton Rouge and all surrounding areas.Ad Issue Date: 2.2.16

OFFICE FURNITURE proof #1

WOR L D Locally owned & operated since 1989

• Please respond by e-mail or fax with your approval or minor revisions.

• AD12944 WILL RUN AS IS unless or final revisions Coursey Blvd.approval | Baton Rouge, LA | 225.751.4024 | www.OFWBR.com are received by the close of business today.

• Additional revisions must be requested and may be subject to production fees.

Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2016. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329

LOUISIANA ONLINE

State government on the Internet ATTORNEY GENERAL OPINIONS ag.state.la.us

DEPARTMENT OF REVENUE revenue.louisiana.gov

DEPARTMENT OF AGRICULTURE AND FORESTRY, LOUISIANA HORTICULTURE COMMISSION www.ldaf.state.la.us

DEPARTMENT OF STATE CIVIL SERVICE www.civilservice.louisiana.gov

DEPARTMENT OF CHILDREN AND FAMILY SERVICES dcfs.louisiana.gov DEPARTMENT OF CULTURE, RECREATION AND TOURISM crt.state.la.us DEPARTMENT OF EDUCATION louisianabelieves.com

New Orleans East Hospital

DEPARTMENT OF ENVIRONMENTAL QUALITY deq.louisiana.gov

Gator Millworks, Inc is a AWI Certified company. From coordination of projects to fabrication, finishing and installation, we combine craftsmanship with the latest technologies to exceed your expectations.

• Design / Build services • Project Estimating • Value Engineering for Architects, Contractors and Home Owners • Residential and Commercial Cabinets • Architectural Woodwork

225.667.7758 www.gatormillworks.com Like us on A44

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

DEPARTMENT OF TRANSPORTATION AND DEVELOPMENT dotd.state.la.us DEPARTMENT OF VETERANS AFFAIRS vetaffairs.la.gov DEPARTMENT OF WILDLIFE AND FISHERIES wlf.louisiana.gov

DEPARTMENT OF HEALTH AND HOSPITALS dhh.louisiana.gov

DIRECTORY OF STATE GOVERNMENT PHONE NUMBERS AND 800 NUMBERS louisiana.gov/Services/Contacts

DEPARTMENT OF INSURANCE ldi.state.la.us

DIVISION OF ADMINISTRATION doa.louisiana.gov

DEPARTMENT OF NATURAL RESOURCES dnr.louisiana.gov

GOVERNOR’S OFFICE gov.louisiana.gov

GENERAL CONTRACTOR: The Lemoine Company | ARCHITECT: Eskew+Dumez+Ripple

We exist solely to serve our clients, who are our most important asset

DEPARTMENT OF THE TREASURY www.treasury.louisiana.gov

DEPARTMENT OF PUBLIC SAFETY AND CORRECTIONS dps.louisiana.gov

LOUISIANA ECONOMIC DEVELOPMENT opportunitylouisiana.com

LOUISIANA HOUSING CORPORATION lhfa.state.la.us LOUISIANA BOARD OF ARCHITECTURAL EXAMINERS lastbdarchs.com LOUISIANAMAP Interactive geospatial portal maps from DEQ, DOTD, and more: map.la.gov LOUISIANA PUBLIC FACILITIES AUTHORITY lpfa.com LOUISIANA STATE LEGISLATURE legis.state.la.us LOUISIANA STATE LEGISLATURE’S GUIDE TO STATE BOARDS AND COMMISSIONS wwwcfprd.doa.louisiana.gov/ boardsAndCommissions/home.cfm LOUISIANA WORKFORCE COMMISSION www.laworks.net OFFICE OF MOTOR VEHICLES omv.dps.state.la.us OFFICE OF STATE FIRE MARSHAL sfm.dps.louisiana.gov PROCUREMENT AND CONTRACT NETWORK wwwprd1.doa.louisiana.gov/OSP/ LaPAC/pubMain.cfm PUBLIC SERVICE COMMISSION lpsc.louisiana.gov OFFICE OF FINANCIAL INSTITUTIONS ofi.state.la.us

Start using mobile deposit.

Or start your own pipefitting operation.

Either way, you can bank on United Community Bank. We offer an array of services that help you manage both your personal and business needs. So whether you need to make a deposit on the go or need new equipment for your business, our local bankers can help you meet your financial goals.

Contact a UCB representative for details about our available products.

SECRETARY OF STATE sos.la.gov STATE BOARD OF HOME INSPECTORS lsbhi.state.la.us STATE BOARD OF REGISTRATION FOR PROFESSIONAL ENGINEERS AND LAND SURVEYORS lapels.com

The Local Way to Bank Big.

STATE LICENSING BOARD FOR CONTRACTORS www.lslbc.louisiana.gov STATE BOARD OF CERTIFIED PUBLIC ACCOUNTANTS cpaboard.state.la.us

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CAPITAL REGION

WORKFORCE TRAINING CENTERS Accelerated Dental Assisting Academy 130 Hummell St., Denham Springs 70726

(Mid City College) Court Reporting Institute of Louisiana 5700 Florida Blvd., Ste. 100, Baton Rouge 70806

Advanced Healthcare Institute 260 S. Alexander Ave., Port Allen 70767

Moore Career College 6160 Perkins Rd., Baton Rouge 70808

Advantage Dental Academy 4580 Bluebonnet Blvd., Ste. A, Baton Rouge 70809

National Driving Academy 31 Wicker Lane, Greensburg 70441 Pelican Chapter, ABC 19251 Highland Rd., Baton Rouge 70817

Alliance Safety Council 10099 N. Reiger Rd., Baton Rouge 70809

Pelican Training Institution 3233 S. Sherwood Forest Blvd., Ste. 203, Baton Rouge 70816

Associated Builders and Contractors 19251 Highland Rd., Baton Rouge 70809

Our Lady of the Lake College 5514 Brittany Dr., Baton Rouge 70808

Alpha Medical College 3009 Monterrey Dr., Ste. D, Baton Rouge 70814 Aspire Medical Training Academy 11449 Florida Blvd., Baton Rouge 70815 Advanced Healthcare Institute 4580 Bluebonnet Blvd., Ste. A, Baton Rouge 70809 Assist to Succeed 140 Veterans Blvd., Denham Springs 70726 BAR/BRI of Louisiana–Baton Rouge 1 East Campus Dr., Baton Rouge 70803 Baton Rouge Area Electrical JATC 13456 Jefferson Hwy., Baton Rouge 70817 Baton Rouge Carpenters Local #1098 8875 Greenwell Springs Rd., Baton Rouge 70814 Baton Rouge Community College [Acadian Campus] 3250 N. Acadian Thruway East, Baton Rouge 70805 Baton Rouge Dental Assistant Academy 4450 Bluebonnet Blvd., Ste. C. Baton Rouge 70809 Baton Rouge General School of Nursing 3616 North Blvd., Baton Rouge 70806 Baton Rouge Iron Workers Local 623 6153 Airline Hwy., Baton Rouge 70806

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Baton Rouge School of Court Reporting 13003 Justice Ave., Baton Rouge 70816 Becker Professional Education– Baton Rouge LSU, 3101 CEBA Tureaud Hall, Baton Rouge 70803 Baton Rouge Sheetmetal JATC 1957 Wooddale Court, Baton Rouge 70805 Camelot College 2618 Wooddale Blvd., Ste. A, Baton Rouge 70805 Caring Minds Resource and Training Services 1011 N. Bon Marche Dr., Ste. A, Baton Rouge 70806 Coastal College Truck Driving 2064 N. Flannery Rd., Baton Rouge 70815 Dale Carnegie Training 10988 N. Harrell’s Ferry Rd., Ste. 3, Baton Rouge 70816 DDC School for Dental Assisting 13353 Hwy. 73, Ste. B, Geismar 70734 Delta College of Arts and Technology [Baton Rouge] 7380 Exchange Pl., Baton Rouge 70806 Dental Assisting Academy 1310 S. Range Ave., Denham Springs 70726

Baton Rouge Pipe Trades JATC 5655 Greenwell St., Baton Rouge 70805

Dental Assisting Academy of Louisiana 13702 Coursey Blvd., Ste. 10C, Baton Rouge 70817

Baton Rouge School of Computers 9352 Interline Ave., Baton Rouge 70809

Diesel Driving Academy 8067 Airline Hwy., Baton Rouge 70815

BUSINESS REPORT, May 10, 2016 | BusinessReport.com

Fortis College 9255 Interline Ave., Baton Rouge 70809 ITI Technical College 13944 Airline Hwy., Baton Rouge 70817 J.W. Training Center 3542 La. 1 South, Ste. B, Donaldsonville 70346 Julian Certified Nursing Assistant Training School 24035 Railroad Ave., Plaquemine 70764 LANTec of Louisiana Corporate Training Center 11512 Lake Sherwood Ave. N, Baton Rouge 70816 Lockhart Training Services 1147 S. Tinley Dr., Baton Rouge 70815 Louisiana Culinary Institute 10550 Airline Hwy., Baton Rouge 70816 Louisiana Dental Assistant School 1338 Church St., Zachary 70791 Louisiana Healthcare Institute 11854 Goodwood Blvd., Baton Rouge 70815 Louisiana Resource Center for Educators 5550 Florida Blvd., Ste. D, Baton Rouge 70806 Louisiana State University 156 Thomas Boyd Hall, Baton Rouge 70803 Medical Training College 10525 Plaza Americana, Baton Rouge 70816 Mia’s Medical Academy 7275 Florida Blvd., Baton Rouge 70806

Remington College [Baton Rouge] 10551 Coursey Blvd., Baton Rouge 70816 River Parishes Community College 7384 John Leblanc Blvd., Sorrento 70778 Roco Training Center 8274 Merle Gustafson Dr., Baton Rouge 70807 Rosemond School of Phlebotomy 1425 S. Purpera Ave., Gonzales 70737 South Central Laborers Training and Apprenticeship 9297 La. 979, Livonia 70755 Southern Medical Corp. School of Ultrasound 12232 Industriplex Blvd., Bldg. F, Baton Rouge 70809 Southern University 1100 Harris Hall, Baton Rouge 70813 South Louisiana Community College [Acadian Campus] 1933 West Hutchinson Ave., Crowley 70526 University of Phoenix- Baton Rouge Campus 2431 S. Acadian Thruway, Baton Rouge 70808 Virginia College 9501 Cortana Place, Baton Rouge 70815

GAIN MOMENTUM FOR YOUR MONEY ONE-YEAR CD 1.15% APY TWO-YEAR CD 1.35% APY Eligibility Requirements • $5,000 minimum certificate of deposit, rate effective for the life of the CD • $249,000 maximum certificate of deposit, rate effective for the life of the CD • Annual Percentage Yields (APYs) are effective as of 1/21/16 and are subject to change without notice. Early withdrawal penalties may apply. Fees may reduce earnings on the account. Interest earned may not remain on deposit and is paid out annually.

PERSONAL & COMMERCIAL | b1BANK.com

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