Computer Sciences Corporation (NYSE:CSC) has selected the National Cyber Research Park in Bossier City, Louisiana for establishing a 116,000-square-foot technology center.
CSC will become the anchor tenant of the 3,000-acre research park. The technology center will also house a data center and 800 CSC employees within the next four years with a total payroll of about $39 million, plus benefits.
Louisiana Economic Development estimates the project will support the creation of another 805 indirect jobs, leading to the creation of a total of more than 1,600 jobs in Northwest Louisiana.
Louisiana Governor Bobby Jindal said in a statement that this was one of the most significant economic development announcements in the history of Bossier and Northwest Louisiana.
The technology center is supported by a higher education initiative led by Louisiana Tech University and funded by the State to the tune of $14 million.
This funding, which will be provided over the next 10 years, will be used to expand higher-education programs primarily designed to increase the number of graduates in computer science and related fields.
Louisiana Tech University, which is getting 65 percent of the funding, plans to quadruple the number of undergraduate degrees awarded in computer science, cyber engineering and computer information systems over the next six years.
Louisiana Tech President Les Guice said CSC’s workforce needs are exceptionally aligned with Louisiana Tech’s academic programs, and he was confident that this partnership will have a transformative impact on North Louisiana and will serve as a catalyst for further economic growth.
Falls Church, VA-based CSC chose the National Cyber Research Park and Bossier City after a site selection process during which they considered 134 locations all over the country.
LED began negotiations with CSC in May 2013, and has offered the company a $9.6 million performance-based grant to help with the relocation and recruitment costs of the project.CSC will also receive recruitment and training assistance from LED FastStart, which is Louisiana’s workforce development program.
CSC is additionally eligible for Louisiana’s Digital Interactive Media and Software Development Incentive, and will be able to seek incentives under the Quality Jobs Program for positions that do not qualify for the software incentive.
The National Cyber Research Park is being developed by the non-profit Cyber Innovation Center (CIC) which was established in 2008 with $57 million in funding from the State of Louisiana and $50 million in matching funds from local governments.
Bossier City Mayor Lo Walker said they invested in CIC to attract opportunities such as the CSC technology center. Mayor Walker said that without the CIC, they would not have been able to secure these 800 jobs.
The construction of the CSC technology center will begin later this year and is expected to be completed by the second quarter of 2015. In the meantime, CSC is taking up a temporary 40,000-square-foot with the CIC.
via:http://www.economicdevelopmenthq.com/blog/csc-technology-center-bossier-city-louisiana/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economicdevelopmenthq+%28Economic+Development+Blog%29
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