St. Tammany Corporation and Port of New Orleans Sign MOU to Attract Manufacturing and Distribution Centers to the Region
NEW ORLEANS – The Port of New Orleans (Port NOLA) and the St. Tammany Corporation today entered into a Memorandum of Understanding (MOU) to work together to grow trade, as well as to support existing and new business relationships for the benefit of the region and state of Louisiana.
Through cooperative efforts, the two entities will leverage the combined technical expertise and other resources to drive mutual economic benefits for both the Corporation and Port NOLA jurisdiction — particularly through the attraction of value-added manufacturing, product assembly, distribution and logistics centers. The agreement also calls for joint marketing efforts to meet those objectives.
The MOU was signed by Brandy D. Christian, President and CEO of the Port of New Orleans and CEO of the New Orleans Public Belt Railroad, and Chris Masingill, Chief Executive Officer of the St. Tammany Corporation. Representatives of the Louisiana Department of Economic Development (LED), St. Tammany Parish President Mike Cooper, St. Tammany Parish Development District Board of Commissioners President Marty Mayer, the New Orleans Business Alliance and St. Bernard’s Economic Development Foundation also attended in support of the goal to increase economic impact by leveraging trade and international commerce opportunities.
“As more and more people shop online, Louisiana is uniquely poised to attract the value-added manufacturing and distribution businesses being driven by e-commerce,” said Christian. “We are pleased to partner with the St. Tammany Corporation to promote our region’s advantageous commercial location and our unmatched supply chain connectivity by river, rail and road.”
Port NOLA and the state of Louisiana have been strategically working on the addition of distribution centers to promote additional development and business for the Port, and this MOU is the culmination of those discussions. The parties will work together to identify, attract and retain those businesses which mutually benefit both parties and foster the overall goal of regional prosperity.
“Dynamic networks build capacity and are true economic development assets. By joining our economic development colleagues who have an ongoing partnership with the Port of New Orleans, we are collectively strengthening the competitive advantage of our region,” said Chris Masingill, CEO of St. Tammany Corporation. “This partnership is essential for cultivating business development opportunities and advances the vision of St. Tammany Corporation to make St. Tammany one of the region’s top destinations of choice for businesses attraction, formation, expansion and retention.”
St. Tammany Corporation and Port NOLA also plan to create workforce development programs and employment training opportunities within the area which focus on manufacturing, distribution and logistics jobs. They will share information on trade, transportation and business trends, as well as contact information, which could generate new opportunities for job creation and job expansion within the respective areas of both parties.
“Louisiana’s 32 ports are economic engines that create and support jobs throughout Louisiana, and drive commerce all across our state,” said Louisiana Economic Development Secretary Don Pierson. “Just as our ports have wide-ranging impacts far beyond their wharves and docks, this MOU between St. Tammany Corporation and the Port of New Orleans will have significant reach and result in economic impacts across a wide region. I congratulate these LED partners and wish them tremendous success in this new focused engagement.”
Distribution centers represent one of the most significant areas of opportunity for the region and state due to the strength of the area’s multimodal connectivity. In addition to Port NOLA’s deepwater berths and seamless connection to six Class 1 railroads via the New Orleans Public Belt Railroad, transportation options include easy access to a robust interstate highway system to any market, and barge access to the industrial Midwest and major population centers like Chicago, Memphis and St. Louis. As logistics and supply chain needs evolve, businesses such as Medline and Amazon recognize the benefit of locating distribution facilities in Louisiana.
A proposed expansion of the Port NOLA complex with the addition of an international container terminal in St. Bernard Parish opens opportunities for new businesses and industries that can be located throughout the greater New Orleans region, including in St. Tammany Parish.
Support from our partners in Port NOLA’s three-parish jurisdiction:
“We are pleased that Port NOLA and the St. Tammany Corporation are partnering to drive an opportunity to the region. Jefferson Parish, with its large population and diverse business base, stands to benefit when we and our neighbors attract new business and industry to the region” said Jerry Bologna, President and CEO of the Jefferson Parish Economic Development Commission (JEDCO). “As a key partner in Port NOLA’s three-parish jurisdiction, Jefferson Parish will continue to work cooperatively to identify opportunities for maritime and logistics development in Jefferson Parish and beyond.”
“The New Orleans Business Alliance is encouraged by another example of regionalism in practice. We are grateful for the thought leadership of Port NOLA and St. Tammany Corporation since it showcases our entire region as a place where businesses can grow, thrive and access global markets,” said Quentin Messer, Jr., President and CEO New Orleans Business Alliance. “This is a leadership model that should be replicated. A lot of work remains; however, today’s announcement represents another opportunity to create greater employment and business opportunities for all residents of the New Orleans region.”
"We see this cross-parish collaboration as not only a win for the entities involved, but for the Greater New Orleans region as a whole,” said Meaghan McCormack, Executive Director of the St. Bernard Economic Development Foundation. "St. Bernard Parish is eager to see the opportunities that stem from this partnership and stands by ready to support initiatives that will aid our regional business ecosystem."
Photo Credit/Port NOLA: Pictured from left to right: Mike Sibley, Economic Development, Cleco Power, LLC; Marty Mayer, President, St. Tammany Parish Development District Board of Commissioners; Mike Cooper, Parish President, St. Tammany Parish Government; Chris Masingill, Chief Executive Officer, St. Tammany Corporation; Brandy D. Christian, President and CEO Port NOLA and CEO of the New Orleans Public Belt Railroad; Meaghan McCormack, Executive Director, St. Bernard Economic Development Foundation; Stacey Neal, Director of Community Competitiveness, Louisiana Economic Development; Louis David, Vice President, Industry Attraction & Retention, New Orleans Business Alliance.
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About St. Bernard Economic Development Foundation
St. Bernard Economic Development Foundation (SBEDF) is the official economic development organization and public-private partnership of St. Bernard Parish formed to create and retain jobs, build prosperity, and improve quality of life. To learn more about SBEDF and how the organization works to foster business attraction, retention and expansion, neighborhood revitalization, small business assistance, and talent and workforce development in St. Bernard Parish, visit sbedf.org.
About Port NOLA
The Port of New Orleans (Port NOLA) is a modern multimodal gateway for global commerce and an in-demand cruise port — delivering seamless, integrated logistics solutions between river, rail and road. Port NOLA is a diverse deepwater port uniquely located on the Mississippi River near the Gulf of Mexico -- with access to 30-plus major inland hubs such as Dallas, Memphis, Chicago and Canada via 14,500 miles of waterways, 6 Class I railroads and interstate roadways. The New Orleans Public Belt Railroad, a Class III connecting railroad, strengthens Port NOLA’s position as an integrated hub and supports the Port’s mission of driving regional economic prosperity.
About St. Tammany Corporation
As the lead economic development organization for St. Tammany, the St. Tammany Corporation functions as the comprehensive resource center for business formation throughout the parish. The services provided by the St. Tammany Corporation include, but are not limited to, business retention, site selection, workforce development, research and data services, state and local incentives, business attraction, talent retention, certified site development, relocation support, and marketing St. Tammany.