The company is promising to locate 2,000 new jobs to its new digital transformation center to the city, with the first 300 by the end of next year. Mayor Mitch Landrieu called it a "game changer" in the city's drive to diversify its economy. John Bel Edwards and other officials announced Monday at the Mercedes-Benz Superdome.
Virginia-based DXC Technology Co will develop the center to create digital services for its global clients, which total almost 6000 across 70 countries, the company said in a statement. With the DXC deal, state leaders said Louisiana is one of the country's fastest growing software and informational technology destinations.
The state economic development agency said incentives to land the company included almost $19 million in grants payable over five years.
About $25 million of the state's estimated $120 million in economic incentives for DXC will go toward the local higher education system.
DXC also is expected to take advantage of payroll tax rebates through the Louisiana Quality Jobs Program, which, depending on how many people are hired, could mean up to $57 million to the company over 10 years.
"Louisiana's greatest days lie ahead and DXC technology, their strong presence right here in the Central Business District of New Orleans represents a bold powerful new step in that direction", Edwards said.
DXC is a publicly traded IT services company that was created in 2016 through a merger of two longstanding tech companies: Computer Sciences Corp. and the enterprise services segment of Hewlett Packard Enterprise.
Mike Lawrie, DXC chairman, president and CEO, said the new center will help advance efforts to deliver digital information technology services and platforms to clients as well as support the company's strategic goals for growth.