Honeywell To Invest $200 Million in Louisiana Facilities Backed By Tax Incentive Framework Agreement" href="http://www.honeywellnow.com/2013/07/15/honeywell-to-investment-200-million-in-louisiana-facilities-backed-by-tax-incentive-framework-agreement. Honeywell’s Performance Materials and Technologies business group will invest more than $200 million at its four production facilities in Louisiana, supported by a comprehensive incentive package spearheaded by Louisiana Economic Development that includes both state and local tax incentives.The investments, announced at a press conference in Louisiana with Governor Bobby Jindal, are part of a long-term investment and tax incentive framework agreement between the company and state. Honeywell is examining the feasibility of an additional $1 billion in investments in its Louisiana operations over the next 10 years for a series of projects ranging from the production of next-generation products to the maintenance and improvement of current production processes. Under the long-term incentive framework, additional tax incentives would only be triggered as Honeywell moves forward with these further investments.

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