2013 is off to a great start with the announcement with Elio Motors moving to the former General Motors Assembly Plant in Shreveport, Louisiana. Elio will build three-wheeled vehicles with very high fuel efficency at the shuttered plant. The project could potentially create 1,500 new jobs and generate $100 million in capital investment.
2012 proved to be a positive year for North Louisiana. NLEP and its partners successfully completed nine projects that will potentially generate up to 1,519 jobs and up to $949.2 million in capital investment. Among those projects included Benteler Steel/Tube with an historic $900 million investment. The international German steel manufacturer will build a steel tube mill at the Caddo-Bossier Port.
In 2011, NLEP and its state and local partners successfully completed 16 projects with the potential to generate 635 to 834 new jobs and $203 million to $225 million in capital investment . In addition to these announcements, NLEP is currently working 61 active projects which have the potential to generate $2.34 to $2.49 billion in investment and 5,677 to 8,615 jobs .
These projects represented just some of the expansion and location projects that happened in North Louisiana from 2011 to present. NLEP always works projects in partnership with state or local partners.