IncSmart Louisiana (Small Business and Startups)
- Shandong Yuhuang Chemical Co. of China, has purchased 1,300 Mississippi riverfront acres in St. James Parish for a $1.85 billion methanol manufacturing plant. St. James will produce 1.7 million tons of methanol per year. Most of the methanol will be shipped to China. Methanol is used in most insulation foam for refrigerators and freezers.
Louisiana offers economic and tax incentives of $4.3 million. This investment will bring 1000 indirect jobs in St. James Parish. St. James Parish is located west of New Orleans. As of the 2010 census, the population was 22,102. St. James current unemployment rate is 6.9%. The parish seat is St James is Convent. The residents of this majority black community has long history of poverty and unemployment.
By David Oliver
Starting a Business in Louisiana - Louisiana Corporation - Louisiana LLC
For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form Louisiana Corporations and Louisiana Limited Liability Companies. When you call, email, instant message or live chat with our office, expect personal attention. We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place.
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