LA-Gov: Albemarle To Move To Baton Rouge

by: ryan

Thu May 01, 2008 at 21:43:43 PM CDT


So, a mere two months after Governor PBJ ran his ethics proposals through the Legislature, we find that Albemarle Corporation is moving its company headquarters from Richmond, VA to Baton Rouge, LA.

The move will bring 30 jobs to Baton Rouge, adding about $7 million in payroll to Baton Rouge. That's an average of more than $200,000, y'all. They're moving jobs for wealthy folks to Baton Rouge. YIPPEE! I'll be more impressed when they decide to open a manufacturing plant that employs the brothers from North Baton Rouge.

I love the quote that Albemarle CEO Mark Rohr gave regarding why they moved to Baton Rouge:

"As the governor came in, it became an easy decision."

Would that be the ethics session? Or the fact that Governor PBJ's wife Supriya used to work for Albemarle? Or the fact that Governor PBJ repaid Albemarle for their generous campaign contributions - Albemarle Corporation donated $5,000 to Governor PBJ's '07 campaign, Albemarle CEO Mark Rohr donated $1,000 to Governor PBJ's failed campaign against Blanco in 2003 - with the $4.2 million in relocation incentives? Or was it the nice tax breaks that Jindal secured for businesses here in Louisiana back during the 2nd special session that made them want to come here?

ryan :: LA-Gov: Albemarle To Move To Baton Rouge
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Fortune 500 Companies... (0.00 / 1)
You know, I've often heard lots of people complain that LA isn't home of 'nearly enough Fortune 500 companies'.

Louisiana is currently home to 2 Fortune 500 companies, but, strangely, in most 'quality-of-life' issues, lags behind Alabama, which only has 1.

Even more strangely, Arkansas has 5 Fortune 500 companies, but more or less ranks on par with Louisiana for most 'quality-of-life' issues.

Hell, Oregon, Nevada, Rhode Island, and Idaho which have as many Fortune 500 companies as we do all score MUCH better on dozens of issues. (And even better than Arkansas).

Texas has more Fortune 500 companies than New York, but ranks lower on virtually everything (murder rate, teenage pregnancy, illiteracy, etc, etc, etc).

While I welcome any new business to Louisiana, I think this isn't nearly the 'coup' that some might expect.


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