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.