Economy
Entergy, the region's sole Fortune 500 firm, maintains its headquarters in the CBD, as does Reily Foods Company, which markets Luzianne products and Standard Coffee. Other local companies headquartered downtown include McMoRan Exploration, Pan American Life Insurance, Superior Energy Services, TurboSquid, iSeatz, Historic Restoration Inc. (HRI Properties), Whitney National Bank, Tidewater Marine, Energy Partners Ltd., Intermarine, IMTT, International Coffee Corp. and The Receivables Exchange.
The CBD also hosts the New Orleans I.P., an "Intellectual Property", home to numerous creative industries firms, and numerous bioscience companies are established at the New Orleans BioInnovation Center, located within BioDistrict New Orleans.
The regional economic alliance Greater New Orleans, Inc. (GNO Inc.), the New Orleans metropolitan area's lead economic development entity for the ten-parish New Orleans region, is also headquartered downtown, as is the New Orleans Business Alliance (NOLA BA), the public-private partnership agency leading economic development efforts for the city proper.
Read more about this topic: New Orleans Central Business District
Famous quotes containing the word economy:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?”
—Doris Lessing (b. 1919)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (18121870)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (18721933)