Community Benefits Focus

LCM is committed to working in the local community to create quality job opportunities and develop accessible training programs

The Facility expects to have 144 full-time employees, hire contractors in the local community, and create economic stimulus and economic multiplier effects in the region

LCM is working with local educational institutions, including SOWELA Technical Community College and McNeese State University to develop job training and employment opportunities

LCM is committed to strong community engagement that will maintain a collaborative exchange of information and maximize benefits to local residents

Estimated $5 billion capital investment creating over 18,000 jobs

LCM represents a $5+ billion capital investment ($3.2 billion hard cost) near Lake Charles; $1.5 billion of benefit is expected to remain entirely within the Louisiana economy 

During its over three years of construction, the Project will create over $2.3 billion of total economic impact and over 16,000 jobs

Over the first five years of operations, the Project will create an additional $598 million in new Louisiana economic activity and over 2,100 more jobs

Data Source: Impacts of the Lake Charles Methanol II (“LCM”) Project, David E. Dismukes, Ph.D., Acadian Consulting Group, October 31, 2023.

Estimated LCM Economic Benefits during construction and First Five Years of Operations