NEW ORLEANS (AP) — State and local governments in Louisiana have offered an estimated $1.5 billion in incentives to persuade a Taiwanese company to locate a $9.4 billion plastics complex along the Mississippi River upstream from New Orleans, Louisiana Economic Development Secretary Don Pierson said. The package includes about $1.4 billion in local property tax exemptions for the Formosa Petrochemicals Corp.Read more on NewsOK.com