LED wins business retention award
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Louisiana’s economic development department, LED, has won a 2009 award in competition with hundreds of North American economic development groups.
The Synchronist Award for Leading By Design was granted by the publishers of Synchronist Business Information Systems, a leading computer software technology used by economic development groups, such as LED, regional foundations and local chambers of commerce.
It recognizes LED’s creation of a newly staffed Business Expansion and Retention Group, which conducts on-site visits with hundreds of existing businesses in the state each year. Using software tools and geographic information system technology as aids, the group identifies business challenges and works to solve them for in-state companies while also working to help growing companies complete expansions.
“We have consistently made business retention and expansion our top economic development priority, and we’re delighted to receive national recognition for our efforts,” Gov. Bobby Jindal said in a statement about the award. “This award joins a growing list of accolades for our innovative efforts to improve the business climate as well as retain and expand jobs for our people.”
Recent business expansions and retentions aided by the Synchronist system and the LED group include the expansion of Coca-Cola Bottling in Baton Rouge, The Shaw Group Inc.’s expansion with a nuclear component facility in Lake Charles, Gardner Denver Inc. in Monroe and Gulf Island Marine Fabricators in Houma.
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