The Foster Farms poultry processing plant in Union Parish is undergoing a $30 million expansion that will add 50 jobs.
Wednesday, August 23, 2017
Tuesday, August 22, 2017
The U.S. economic recovery from the Great Recession has gone on for more than eight years, bucking the norm of the economic cycle resetting itself every six to eight years.
Monday, August 21, 2017
Metairie-based Jet Concrete Services, a specialist in large commercial and civil projects, ranked highest among the 47 Louisiana firms in the Inc. 5000 fastest-growing private companies in America.
Sunday, August 20, 2017
Sunday, August 20, 2017
Friday, August 18, 2017
The number of rigs exploring for oil and natural gas in the U.S. decreased by three this week to 946. Louisiana's count was down 1 to 65, but 22 ahead of a year ago.
Thursday, August 17, 2017
DebtX, which operates an online marketplace for loans, plans to accept bids starting next month on nearly $1.1 billion in loans tied to First NBC Bank's collapse.
Wednesday, August 16, 2017
Bidders for Southern University Agricultural Research and Extension Center say three Louisiana firms have been named as finalists to run the center's medical marijuana business.
The Federal Energy Regulatory Commission has accepted Commonwealth LNG's application to begin the pre-filing process for a liquefied natural gas export facility near Cameron.
Wednesday, August 16, 2017
After being outbid for Neff Corp., Baton Rouge-based H&E Equipment Services Inc. said Wednesday it will not increase its $510 million offer for the Miami-based rental firm.
Tuesday, August 15, 2017
Aquaculture Systems Technologies LLC, a tenant at LSU Innovation Park, has won a $94,000 federal grant to demonstrate a waste control process for use in growing shrimp in small family-owned tank facilities.
Monday, August 14, 2017
Nearly two years after it was announced, Pin Oak Terminals has started operations at a petroleum liquids storage terminal in St. John the Baptist Parish.
Equipment rental company Neff Corp. said Monday that it has received a buyout offer superior to the bid that H&E Equipment, a Baton Rouge-based company, made last month.
Lafayette-based iLandMan, an online-based land lease management software firm, and TGS, a geoscience data firm, have integrated their data to provide better services to clients.
LSU's Louisiana Business & Technology Center is receiving up to $125,000 to help science and technology-driven small businesses, particularly women-owned and socially and economically disadvantaged firms, pursue federal grants.
Sunday, August 13, 2017
Metalplate Galvanizing expanded into Jennings last year, building an almost $10 million plant just as south Louisiana was experiencing its biggest industrial boom in decades.
Even after more than four decades in south Louisiana, Cullen's Babyland is making sure shoppers know its name and can find its Baton Rouge and Lafayette stores and products even if they are browsing the internet.
Friday, August 11, 2017
Researchers in Baton Rouge, New Orleans and Shreveport have been awarded a $20 million federal grant to continue biomedical research over the next five years for chronic disease prevention and improved health care in underserved populations in the state.
Fourchon LNG LLC has begun the federal permitting process for a proposed 5 million-ton, $888 million liquefied natural gas export facility at Port Fourchon.
Six Wal-Mart Neighborhood Market properties in Prairieville, New Iberia, Opelousas, Houma, Meraux and Thibodaux have been acquired for $78 million by a partnership of real estate investors.
Thursday, August 10, 2017
The first step in protecting a business from cybersecurity attacks is educating employees because nearly all breaches result from a worker clicking on a phishing email or an inappropriate website, Information Technology experts said Thursday.
Morgan City-based shipbuilder Conrad Industries Inc. increased its second-quarter profit to $1.4 million, or 27 cents per share, compared to $1.3 million, or 25 cents per share, a year ago.
Wednesday, August 09, 2017
Two years after it was put up for sale, the former Avondale shipyard has found a buyer, but few details have been released about the idle West Bank facility's future.
Tuesday, August 08, 2017
The newly constituted Lafayette-based Stone Energy Corp. reported a second-quarter loss of $6.5 million, or 32 cents per share, on oil and gas revenue of $71.2 million.
Monday, August 07, 2017
Gonzales-based baby products maker Crown Crafts Inc. has boosted its online presence with an $8.8 million acquisition of Douglasville, Georgia-based Carousel Designs LLC.
The parent company of Baton Rouge-based Investar Bank will acquire The Highlands Bank and its five area branches in a cash-and-stock deal valued at $22.1 million.
Sunday, August 06, 2017
Friday, August 04, 2017
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. decreased by four this week to 954. Louisiana was down five rigs to 67, but 25 higher than a year ago.
Thursday, August 03, 2017
New Orleans-based International-Matex Tank Terminals has agreed to acquire Epic Midstream, a liquid bulk storage and logistics company that operates seven terminals in the U.S., with its chief operations in Savannah, Georgia.
Wednesday, August 02, 2017
Lafayette-based PetroQuest Energy Inc. reported a second-quarter loss of $3.4 million, or 16 cents per share, considerably better than the $24.1 million, or $1.38 per share, lost for the same period a year earlier.
Lafayette-based home health firm LHC Group Inc. reported its second-quarter profit swelled to $11.3 million, or 63 cents per share, compared to $9.5 million or 54 cents per share, a year ago.
Gonzales-based Crown Crafts will market and distribute a new line of infant bedding, blankets, bibs and bath products bearing talk show host and Metairie native Ellen DeGeneres' ED brand name.
The Louisiana Association of Business and Industry, the state’s leading business lobbying group, has a deal in place to buy a building at 500 Main St. and move its offices to downtown Baton Rouge.
Tuesday, August 01, 2017
LHC Group in Lafayette has formed a joint venture offering its services through 21 Christus Health locations in Louisiana, Texas, Arkansas and Georgia.
Monday, July 31, 2017
IberiaBank in Lafayette has completed its $1 billion acquisition of Sabadell United Bank, which has 28 branches in south Florida.
Tidewater Inc., a New Orleans-based offshore service vessel company, has emerged from bankruptcy protection under a prepackaged plan that wiped out an estimated $1.6 billion in debt and eliminated $73 million in annual interest and operating lease…
Australia's exports of liquefied natural gas have grown so fast that parts of the country have experienced shortages and price spikes, but that won't happen in the United States. The reason? U.S. production and supplies of natural gas are so much …