According to officials, a technology firm will make its way to New Orleans and bring close to 2,000 jobs to the state.
John Bell Edwards' office calls it one of the most significant economic development announcements in state history: A technology company bringing 2,000 jobs to New Orleans.
The source confirmed the spin off company is Virginia-based DXC Technology, which describes itself as an "end-to-end IT services company".
"You are witnessing a transformational moment in the history of the city of New Orleans", Landrieu said.
A majority of the DXC jobs are expected to be local hires. It also will provide $25 million directly to Louisiana colleges for faculty and instruction that will support DXC.
"DXC will hire 300 IT and business enterprise professionals during 2018, then ramp up to 2,000 jobs over five years and an annual payroll exceeding $133 million by 2025", the state said in a news release.
DXC is a new company created in April 2017 by a merger of two longstanding companies in the USA tech sector: HP Enterprises, once part of Hewlett Packard, and Computer Sciences Corp., known as CSC. The company formed earlier this year as the result of a merger of CSC and the Enterprise Services business of Hewlett Packard Enterprises. "DXC Technology could not have made a better selection than to choose New Orleans for their Digital Transformation Center, and we embrace the challenge of preparing our best and brightest students for this remarkable opportunity".