Feb 2014 17

We are pleased to release our 2013 Busi­ness Reten­tion & Expan­sion Report, fea­tur­ing the results of nearly 150 Orleans Parish com­pa­nies that were sur­veyed online and in per­son in 2013. The report pro­vides an overview of the busi­ness cli­mate in New Orleans, from the per­spec­tive of com­pa­nies in diverse industries.

We are excited to report that over­all, the New Orleans busi­ness com­mu­nity is grow­ing and opti­mistic about the future:

  • 64% per­ceived their busi­ness is grow­ing; only 5% per­ceived a decline in their business
  • 74% of respon­dents felt the busi­ness cli­mate has improved since 2008
  • 90% expect the busi­ness cli­mate to improve over the next five years

 

A major­ity of com­pa­nies sur­veyed reported increased cus­tomers, sales and prof­its in 2013:

  • 72% saw an increased cus­tomer base
  • 71% saw an increase in sales
  • 64% saw an increase in profits

 

The sur­vey cap­tured diverse New Orleans com­pa­nies, includ­ing minority-owned businesses:

  • Of the 149 sur­vey respon­dents, 25% iden­ti­fied them­selves as minor­ity owned businesses.
  • 60% of minor­ity owned busi­nesses reported an increase in prof­its over the past year.

 

Access the 2013 Busi­ness Reten­tion and Expan­sion Report for the com­plete results.

The 2013 Busi­ness Reten­tion and Expan­sion sur­vey is one way we sup­port exist­ing Orleans Parish busi­nesses. Last year, we pro­vided assis­tance, rang­ing from demo­graphic data to per­mit­ting, to 51% of com­pa­nies we sur­veyed in 2013. The results we gath­ered from the sur­vey will inform our work mov­ing for­ward in 2014 to cre­ate jobs and drive eco­nomic growth in New Orleans.

Feb 2014 14

NOLABA is hir­ing a third party con­trac­tor to assess the finan­cial capac­ity of the New Orleans mar­ket to fund the five year strate­gic plan, Pros­per­i­tyNOLA along with other NOLABA led ini­tia­tives. This would inform a three year fundrais­ing strat­egy begin­ning in Jan­u­ary 2015 and end­ing Decem­ber 2017.

Click here to down­load the com­plete project descrip­tion and pro­posal sub­mis­sion instruc­tions. Pro­pos­als will be due on or before March 15, 2014 at 5:00  p.m. CST.

For more infor­ma­tion, con­tact the New Orleans Busi­ness Alliance at 504.934.4500. or email RFP@nolaba.org.

Feb 2014 05

Firm returns to its New Orleans roots with project result­ing in more than 210 new direct and indi­rect jobs

Today, Gov. Bobby Jin­dal and Inter­na­tional Shiphold­ing Corp. Pres­i­dent Erik L. Johnsen announced the com­pany will relo­cate its cor­po­rate head­quar­ters from Mobile, Ala., to New Orleans, where the busi­ness was founded in 1947. Listed on the New York Stock Exchange as ISH, the com­pany owns and oper­ates a global fleet of water­borne cargo ves­sels. ISH recorded annual rev­enue of more than $310 mil­lion in its just-concluded 2013 fis­cal year. After Hur­ri­cane Kat­rina, recov­ery chal­lenges led the com­pany to relo­cate its cor­po­rate head­quar­ters to Mobile.

In New Orleans, ISH will cre­ate 100 new direct jobs at a 45,000– to 50,000-square-foot head­quar­ters facil­ity in the city’s Ware­house Dis­trict, where the com­pany will soon com­plete a pur­chase of prop­erty already under con­tract. The new direct jobs will aver­age $70,000 per year, plus ben­e­fits, and LED esti­mates the project will result in an addi­tional 113 new indi­rect jobs, for a total of more than 210 new jobs in the greater New Orleans area.

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Feb 2014 04

Whole Foods New Orleans

 

The sec­ond loca­tion for the retailer in city will cre­ate 125 local jobs and revi­tal­ize retail on Broad Street corridor

Today, Mayor Mitch Lan­drieu joined City offi­cials and rep­re­sen­ta­tives from Whole Foods Mar­ket and Broad Com­mu­nity Con­nec­tions to open Whole Foods Mar­ket at 300 N. Broad Street. As an impor­tant retail anchor in the revi­tal­iza­tion of the Broad Street cor­ri­dor, the $14 mil­lion project will increase fresh food options and cre­ate 125 full-time jobs.

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