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:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“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 (1872–1933)