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:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)