Louisiana Economic Development announced record-setting results for 2025, with more than $61 billion in capital investment and over 9,300 new direct jobs, marking the strongest year in the state’s history. The new positions average about $91,000 annually, roughly $30,000 above the state average. Recent announcements include $300 million from Saronic Technologies, $30 million from SLB, $25 million from Epic Piping, an $850 million ElementUSA critical minerals facility, and a $10 billion AI data center investment from Hut 8, totaling more than $11.2 billion in new projects and 2,500 jobs added.
Louisiana Economic Development reported:
“This is what winning looks like, for we are no longer defined by what we were, but what we are becoming,” Governor Jeff Landry said. “Louisiana has entered a new era of growth powered by businesses that believe in Louisiana and our people. As we carry this momentum into the new year, one thing is clear: there is now a new standard for how Louisiana competes and wins.”
Louisiana is closing this record-setting year with unmistakable momentum. In just the past few weeks, more than $11.2 billion in new investment and nearly 2,500 new jobs have been announced statewide. Together, these projects strengthen established industries, accelerate growth in emerging ones and create new high-wage job opportunities for Louisiana workers and communities.
Recent Project Announcements:
Saronic is investing $300 million to expand the Franklin shipyard and advance large-scale autonomous vessel production, strengthening Louisiana’s leadership in maritime manufacturing and defense-sector innovation.
SLB is doubling its Shreveport footprint through a $30 million expansion that supports growing demand for digital infrastructure and advanced technology manufacturing.
Epic Piping is expanding its corporate headquarters in Livingston with a $25 million investment, increasing capacity to meet rising demand across natural gas, nuclear and data center markets.
ElementUSA is investing $850 million to develop a rare-earth and critical mineral refining facility in Southeast Louisiana, strengthening U.S. supply chains essential to advanced manufacturing, national defense and energy technologies.
Hut 8 announced it is investing $10 billion to build an AI data center in West Feliciana Parish to support global industry leaders Fluidstack backed by Google.
For lists and rankings of more deals like this, browse our Economic Development Deals Database. Just click below:
