Lagniappe Living in Lake Charles, Louisiana

Economic Development will Bring New Residents to Westlake LA

BIG BREAKING ECONOMIC NEWS: Sasol to Build Complex in Westlake

 

 

Everyone in Southwest Louisiana is still buzzing with the Sasol announcement earlier this month.

 

Lake Charles and the surrounding area has a strong petrochemical and industrial pocket that creates a healthy economy for Southwest Louisiana.  With the creation of new jobs, home inventory will be needed.! 

IF YOU BUILD IT THEY WILL COME......7,000 Direct and indirect jobs!

You can view the news conference KPLC 7 News, Lake Charles, Louisiana

 

 

 

 Gov. Bobby Jindal's administration has pledged a more than $135 million incentive package to South African energy company Sasol Ltd. to build a multibillion-dollar complex in southwest Louisiana to turn natural gas into chemicals, diesel and other fuels.

Sasol announced December 5, 2012  that it will spend between $16 billion and $21 billion on the construction of a chemical plant and a gas-to-liquids plant that will turn natural gas into diesel, at a site in Westlake, near Lake Charles. The project is described as the largest manufacturing investment in Louisiana's history.

Governor Jindal called it "one of the most significant economic development wins our state — and our nation — has ever recorded."

The governor's office said Sasol will create 1,250 new permanent jobs and an LSU study said the project will generate an economic impact of $46 billion over 20 years.

The Jindal administration also agreed to spend $20 million on a new industrial training center and equipment at SOWELA Technical Community College in Lake Charles, to help ready new employees for Sasol.

The chemical plant is slated to begin operation in 2017, and the diesel plant is scheduled to come on line in two stages beginning in 2018 and 2019, according to the company.

The project will create 6,000- 7,000 construction jobs and 1,200 permanent jobs.

Relocating to Westlake LA with Sasol?  Contact Marilyn Boudreaux Century 21 Mike D Bono & Co.

 

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For more information on Lake Charles Real Estate, visit my website.  You can search homes for sale in Lake Charles, Louisiana,  and view up to date information on Lake Charles Subdivisions, Neighborhoods

Find Lake Charles Realtor Marilyn Boudreaux Century 21 Mike D. Bono & Co.'s on Google+

If you are planning a move to or from the Lake Charles, LA area, I can help!   I am a full time Realtor licensed by the Louisiana Real Estate Commission and am affiliated with:


Century 21 Mike D. Bono & Co.'s

4410 Nelson Road, Lake Charles, LA, 70605 USA

337-478-1578 or 337-499-9592

CENTURY 21® is a registered trademark owned by Century 21 Real Estate LLC. An Equal Opportunity Company. Equal housing Opportunity. Each office is independently owned and operated.  The information contained in this blog is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the author of this blog, and its comments are not warranted or implied representation of it's accuracy,  All information is copywritten and the property of the Author, Marilyn Boudreaux.  

 

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Comment balloon 2 commentsMarilyn Boudreaux • December 17 2012 04:20PM
Economic Development will Bring New Residents to Westlake LA
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