Industrial growth on the horizon - KLFY News 10

Industrial growth on the horizon

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Louisiana is no stranger to industrial growth, and that is particularly true in South Louisiana. In fact, it's expected to boom over the next decade thanks to growth in the natural gas sector. Over the next five to ten years, parts of Acadiana could be seeing a boom in growth thanks to new projects in the works.

Bill Rodier, executive director of the St. Landry Economic and Industrial Development District says while a bulk of the projects are in the Lake Charles area, he expects the wave to hit here too.

"(The) numbers are over $50 billion in expenditures to build these projects coming over there, primarily related to the oil and gas industries, the exports of natural gas."

And building the industry will require a lot of man power. Rodier says it will create nearly 88,000 new construction jobs, which leaves a lot of opportunity for a wide spectrum of service growth.

Right now, SLEIDD, St. Landry Parish government, along with other municipalities are trying to plan for what the future may hold.

"Our regional cooperation, regional partnership, preparing us for that growth is really important right now," said Rodier.

Since the parish sits right about interstate 10, it's particularly advantageous to capitalize on location as a benefit for progress and growth. Rodier thinks as the industries get hotter—land availability will make part of St. Landry parish very enticing.

"I think we'll see a lot of growth and potential growth for businesses looking to support that industry over there and we'll have potential for tremendous residential as well," said Rodier.

In the meantime, the master plan for St. Landry Parish is expected to become available in the next few weeks.

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