While the Latin American business is opting to remain unnamed, it’s got a possible destination target—New Orleans. And if it hits the Crescent City, it will bring with it 650 new jobs for residents of New Orleans as well as $400 million in annual revenue.
The city is expected to invest $50 million in the project, if the public-private deal goes through. Chief Executive of the New Orleans Business Alliance, Rodrick Miller, is spending time in the Latin American country this week, hoping to get them 100% on board for the project. If so, the business could be a big boon for the city.
Several other cities in America are vying for the company’s business, too. These include areas in Delaware, Maryland, and Arizona, proving that the company may be seeking versatile communities. One of the company’s main interests in New Orleans is the city’s location on the Mississippi River—kind of reminds you of the pioneer days, doesn’t it?—as well as the city’s access to major railways. Whatever the company does, it looks like they may manufacture some popular goods that could possibly be shipped across the country. Wonder if they already are? Perhaps we’ll just have to wait and see where they choose to set up shop.