GNO, Inc head talks economic gains, CCC lights - FOX 8 WVUE New Orleans News, Weather, Sports, Social

GNO, Inc head talks economic gains, CCC lights

GNO, Inc. CEO Michael Hecht GNO, Inc. CEO Michael Hecht

New Orleans, La. -- More and more calls are coming into the city about potential business opportunities. It is a sign the city is poised for more economic development, according to Michael Hecht, chief executive officer of GNO, Inc.

"We are doing better than we could have possibly imagined just a few years ago. We are literally at the top of lists we were never on years ago," Hecht said.

He told us there is growth in various sectors, including advanced technologies, oil and gas, and medical.  "In terms of tech, we're getting calls from companies in California that want to move here," he said.

However, Hecht acknowledges that a slowdown is expected as more of the Katrina recovery dollars are spent.  "When the Katrina money is spent down, the rest of the country is coming out of the Great Recession... We're going to suddenly be back at parity with the rest of America and that's why it's so important that right now we consolidate our gains," he said.

Hecht also weighed in on the Crescent City Connection lights issue. After the tolls were suspended recently, the state said it did not have the funds to keep operating decorative atop the bridge. Hecht said he is concerned about the situation.

"I think the better question is, how do we take this challenge and pivot and make it better?  So how do we now instead of putting the old lights back up, get a set of lights like on the Superdome? That's what we're so good at now is taking a negative and making it a positive.  We should do the same thing with the bridge," said Hecht.

  • Local NewsMore>>

  • Saints win overtime thriller, extend win streak to 8 games

    Saints win overtime thriller, extend win streak to 8 games

    Mark Ingram scored on a 36-yard run in the first half. Source: Mark LaGrangeMark Ingram scored on a 36-yard run in the first half. Source: Mark LaGrange
    The Saints trailed 31-16 late in the fourth quarter, but the Black and Gold scored 18 unanswered points in the fourth and overtime, giving the squad a 34-31 triumph. The Saints (8-2) win streak extends to eight games after beating Washington. Wil Lutz 28-yard field goal in overtime was the winner for the Saints. Mark Ingram scored the only touchdown for the Saints in the first half, on a 36-yard run, tying the game at 10-10. Drew Brees accounted for two touchdown passes against Was...more>>
    The Saints trailed 31-16 late in the fourth quarter, but the Black and Gold scored 18 unanswered points in the fourth and overtime, giving the squad a 34-31 triumph. The Saints (8-2) win streak extends to eight games after beating Washington. Wil Lutz 28-yard field goal in overtime was the winner for the Saints. Mark Ingram scored the only touchdown for the Saints in the first half, on a 36-yard run, tying the game at 10-10. Drew Brees accounted for two touchdown passes against Was...more>>
  • Saints defense struggling to find answers for Washington in 1st half

    Saints defense struggling to find answers for Washington in 1st half

    Mark Ingram scored the Saints only TD of the first half. Source: Mark LaGrangeMark Ingram scored the Saints only TD of the first half. Source: Mark LaGrange

    Washington shredded the Saints defense to the tune of two touchdowns in the first half, giving the D.C. squad a 17-13 advantage.  Kirk Cousins found Chris Thompson for the first touchdown of the contest from 16 yards. In the second quarter, Samaje Perine punched in a score from 1-yard out. The Saints only touchdown of the first half came on a Mark Ingram 36-yard run, tying the game at 10-10. Copyright 2017 WVUE. All rights reserved.

    more>>

    Washington shredded the Saints defense to the tune of two touchdowns in the first half, giving the D.C. squad a 17-13 advantage.  Kirk Cousins found Chris Thompson for the first touchdown of the contest from 16 yards. In the second quarter, Samaje Perine punched in a score from 1-yard out. The Saints only touchdown of the first half came on a Mark Ingram 36-yard run, tying the game at 10-10. Copyright 2017 WVUE. All rights reserved.

    more>>
  • Nicholls St. gets call to FCS Tournament

    97 players on the Nicholls roster hail from Louisiana. Source: Misty Leigh McElroy97 players on the Nicholls roster hail from Louisiana. Source: Misty Leigh McElroy

    It's a bad news, good news story for the Nicholls St. Colonels. They lost their River Bell Classic battle Thursday night against Southeastern. But, they won the war and got in to the FCS Playoffs anyway.

    more>>

    It's a bad news, good news story for the Nicholls St. Colonels. They lost their River Bell Classic battle Thursday night against Southeastern. But, they won the war and got in to the FCS Playoffs anyway.

    more>>
Powered by Frankly