Iberia Industrial Development Foundation Iberia Parish Community Profile Quick Reference Guide: Introduction 1 Market Access 3-5 Incentives, Financing and Taxes 6-9 Workforce 10-11 Business Base 12 Utilities 13 Quality of Life 14-17 Economic Indicators 18-26 How to contact the IDF: Iberia Industrial Development Foundation 101 Burke Street New Iberia, LA 70560 Phone: (337) 367-0834 Fax: (337) 367-7421 Email: [email protected] Website: www.iberiabiz.org www.iberiabiz.org www.iberiabiz.org Iberia Industrial Development Foundation (337) 367-0834 Iberia Parish Community Profile Welcome to Iberia Parish! Louisiana Positives! • Louisiana ranked first in the From Mike Tarantino nation for its approach to Iberia Industrial Development Foundation Executive Director: improving teacher quality and number 2 for its overall effort to I you’re looking for the right place to do business Iberia Parish, Louisiana, and its improve schools. (Education communities are too hot to pass up!!! Iberia is THE place to live, work and do Week, January, 2005) business. Whether you’re checking out our area as part of a project bid or whether you’re looking for the right place to expand or relocate Iberia’s got it all!! • Louisiana’s public school accountability program ranks We’re located in the center of it all between Houston and New Orleans along the first in the nation. (Education Louisiana Gulf Coast. We’ve got premium water, air, rail and road connections Week, January, 2005) that connect you to both national and international markets and we’re sure that you’ll find our workforce and pro-business community spirit second to none. • Louisiana continues to lead in the percentage of postsecondary Thanks for checking our all that Iberia Parish, Louisiana has to offer!! We’re education institutions that are looking forward to working with you!! affordable to lower income students. (The Lumina Foundation, January 2004) From Will Langlinais Iberia Parish President • Louisiana’s Small Business Association is 10th in the nation Welcome to Iberia Parish! We’re proud of our work-ready community—home of a for loan production and services. world class workforce and huge potential for your business! From a great quality (Louisiana SBA, January 2005) of life...to a dynamic and diversified business community, Iberia has it all! The Iberia Parish Government stands ready to assist you in your endeavor and we’re • Louisiana is sixth in the nation in looking forward to your visit to our community soon. growth of small businesses, defined as businesses with one or more owners, but no paid From Roy Pontiff employees. The five percent Port of Iberia Executive Director: increase is being credited to the state’s user-friendly business Cajun country is a great place to live, work and play, and the Port of Iberia is right climate. (US Census Bureau, in the heart of all the action! Our area has abundant natural resources and our December 2004) people have a strong work ethic. The Port of Iberia is home to over one hundred companies involved in a diversity of industries. Our port has water, rail and four- • Louisiana jumped six spots to lane access and a fully instrumented 8,000 foot runway general aviation airport rank 17th in the nation in Overall is within three miles. We’d love to discuss with you the opportunity of bringing Business Climate (Site Selection your business to the Port of Iberia. Magazine, 2003) • Louisiana ranks tenth in From Robert Mouton imposing the lowest total tax Acadiana Regional Airport Director burden (federal, state and local). (Tax Foundation, February 2004) Acadiana Regional Airport stands ready to meet the challenge of air-industrial development needs in Iberia Parish and all of Acadiana. We have over 1,000 • NASA picked the Acadiana acres of industrial land, in parcels from 2 to 200 acres; railroad on-site and Regional Airport in New Iberia as extendable; industrial roadways and all utilities are available for immediate its primary training facility in the development in light, medium or heavy applications. Into that mix of infrastruc- region (NASA, May 2003) ture, add the all-weather capable airport including Acadiana’s longest, strongest, lighted full ILS instrumented, controlled land runway and lighted seaway and you have the necessary ingredients for successful development or expansion of either a local , regional, national or international business. www.iberiabiz.org Iberia Industrial Development Foundation (337) 367-0834 Page 3 Market Access aa ParishParishParish 328 49 BreauxBreaux BridgeBridge 7050870508 LafayetteLafayette 339 89 94 725 90 St.St. MM artinville artinville ScottScott 7051870518 BroussardBroussard 90 70582 Saint Martinv ille 7058270582 SaintSaint MartinvMartinv ille ille 93 350ParksParks 92 LafayetteLafayette 182 BroussardBroussard YoungsvYoungsvilleilleille St.St. MartinMartin ParishParish 92 347 LafayetteLafayette ParishParish 7059270592 YYoungsvoungsv ille ille 86 3073 3095 LoreauLoreau 31 St.St. MM artinville artinville 88 Maurice 7056370563 NewNew IberiaIberia 89 YoungsvilleYoungsville 0510510 AbbevAbbevilleilleille 92 347 182 339 86 82 321290 LoreauvilleLoreauville 1 Mile NewNew IberiaIberia New Iberia 88 31 182 675 10 Miles 14 7 Miles 89 7056070560 NewNew IberiaIberia 167 3212 86 339 NewNew IberiaIberia 14 3 Miles VermilionVermilion ParishParish 338 675 IberiaIberiaIberia ParishParishParish 7053370533 ErathErath 14 AbbevilleAbbeville 89 DelcambreDelcambre 83 Abbeville 339 329 90 7052870528 DelcambreDelcambre ErathErath 7054470544 JeanerettJeanerettee 14 DelcambreDelcambre 329 90 182 LydiaLydia 331 LydiaLydia 330 5 Miles Lydia Motor Freight Motor Freight: Iberia Parish is located Miles To: approximately 16 miles from Atlanta, GA 607 the intersection Baton Rouge, LA 68 of I-10 and I-49. There are an Biloxi, MS 216 abundant supply of freight Birmingham, AL 440 carriers including FedEx, Dallas, TX 418 Houston, TX 240 UPS, SAIA, Roadway, ABF Jackson, MS 252 Freight Systems, American Jacksonville, FL 678 Freightways, Dupre Transport, Memphis, TN 465 Yellow Freight Systems and Mobile, AL 268 many others. New Orleans, LA 146 Oklahoma City, OK 637 San Antonio, TX 416 www.iberiabiz.org Iberia Industrial Development Foundation (337) 367-0834 Page 4 Air Services General Aviation Airport and Services Visit the Acadiana Regional Airport on the web at www.iberiabiz.org, or contact the Airport Director, Robert Mouton, at: Acadiana Regional Airport 5217 North-South Taxi Road New Iberia, LA 70560 Phone: (337) 365-7202 Fax: (337) 365-7203 Email: [email protected] Passenger Air Services Railways The nearest commercial airport Railways that serve Iberia Parish: is the Lafayette Regional ● Burlington Northern and Santa Fe Railway Co. Airport. Air services are provided by Atlantic Southeast ● Louisiana & Delta Railroad, Inc. (L&D) (Delta), Continental Express and Northwest Airlink. Atlantic ● Union Pacific Southeast has two (2) flights to ● Amtrak Atlanta daily, while Continental Express flies to Houston eight (8) times daily. Northwest Airlink has three (3) daily flights to Memphis. The nearest international airport is the New Orleans International Airport, approximately 120 miles from New Iberia. www.iberiabiz.org Iberia Industrial Development Foundation (337) 367-0834 Page 5 Waterways New Iberia US Highway 90 (Future I-49) Port of Iberia Quick Facts Main Navigation Channel is 13 ft deep, bottom width is 125 ft. and surface width is 200 ft. Over 2,000 acres of land under development Over 4,000 acres of undeveloped land available at the Port or adjacent property Port of Iberia The Port has 25,000 linear feet of bulkheads Public docking and stevedoring services available Over 100 industries are located and operating at the Port of Iberia Port of Iberia Vermilion Bay US Highway 90 Future I-49 Visit the Port of Iberia on the web at www.portofiberia.com or contact the Roy Pontiff Port Director at: Port of Iberia Other Regional Ports P.O. Box 9986 New Iberia, LA 70562-9986 • Port of Greater Baton Rouge—Located 50 miles West of Lafayette, Channel depth 45 ft. Foreign Trade Zone Phone: (337) 364-1065 Fax: (337) 364-3136 • Port of Lake Charles—Located 70 miles West of New Iberia, Channel depth 40 ft. Foreign Email: Trade Zone [email protected] www.iberiabiz.org Iberia Industrial Development Foundation (337) 367-0834 Page 6 Incentives, Financing & Taxes Louisiana offers numerous business incentives, including tax abatements, enterprise zones and financing assistance. IDF can help you in determining which incentives are right for your business, and we can help you in completing the application process. For all Louisiana Economic Development assistance programs, an Advance Notification form and the proper fees MUST BE SUBMITTED PRIOR TO BEGINNING CONSTRUCTION, INSTALLATION, HIRING OR EQUIPMENT PURCHASES. The Advance Notification form and more detailed information regarding any of the incentives listed can be found at www.laemall.com, or by visiting the Louisiana Department of Economic Development’s website at www.lded.state.la.us. Tax Credits and Incentives Corporate Jobs Tax Credit • A one time tax credit ranging from $100.00 to $225 for each net new permanent job • The credits may be used to satisfy state corporate income tax obligations • The Program is offered to most industries, however it is not offered in conjunction with the Visit the Louisiana Department of Enterprise Zone program nor the Industrial Tax Exemption Program Economic Development at: www.lded.state.la.us Enterprise Zone P.O. Box 94185 • An advance notification