Posted on 13 October 2010.
Mayor-President Melvin L. “Kip” Holden and United States Senator Mary L. Landrieu, Chair of the United States Senate Committee on Small Business and Entrepreneurship, will hold a Small Business Summit in Baton Rouge, Louisiana to discuss economic issues facing small businesses and provide information about opportunities and incentives available to small business owners. The event, [...]
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Posted in Baton Rouge News, Business
Posted on 28 June 2010.
The Baton Rouge Area Chamber (BRAC) released today an analysis of the results of the recently-completed regular session of the Louisiana Legislature, and its effects on economic development in the nine-parish Capital Region. The number one priority of BRAC’s legislative agenda was higher education, specifically through its membership in the statewide BILD: Higher Education coalition. [...]
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Posted in Business
Posted on 21 June 2010.
Sales-tax revenues in East Baton Rouge Parish continued to show stability in April, finishing only slightly below the collections from April of 2009. A report released by the City-Parish Finance Department today shows that revenues from the 2-percent sales tax that goes into the City-Parish General Fund totaled $13.1 million in April, a decrease of [...]
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Posted in Business
Posted on 13 May 2010. Tags: baton, group, rouge, shaw
The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a contract with Entergy Operation, Inc., a subsidiary of Entergy Corporation (NYSE: ETR), to provide extended power uprate (EPU) plant modifications at Grand Gulf Nuclear Station in Port Gibson, Miss. The new contract follows a phase one EPU assessment conducted by Shaw’s nuclear [...]
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Posted in Business
Posted on 10 March 2010.
The Baton Rouge Area Chamber (BRAC) announced today the results of the regional innovation strategy it developed in order to create a culture that deeply fosters and supports entrepreneurship throughout the Capital Region. The strategy, which was created in collaboration with Louisiana Economic Development (LED), Louisiana State University (LSU), the Louisiana State University System Research [...]
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Posted in Baton Rouge News, Business
Posted on 25 January 2010. Tags: baton, downtown, master, plan, rouge
Local leaders today unveiled an updated master plan for Downtown Baton Rouge that was created by national consultants, local planners and public officials with input from the public. Plan Baton Rouge Phase II, led by Chan Krieger Sieniewicz of Cambridge, Mass., is a master plan and economic strategic plan that builds upon the original Plan [...]
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Posted in Baton Rouge News, Business
Posted on 22 January 2010. Tags: agreement, baton, blue, cross, hospital, lady, lake, news, rouge
A successful settlement has been reached with the Franciscan Missionaries of Our Lady Health System, or FMOL. We are pleased to announce that FMOL has agreed to hold the line on costs by accepting our company’s final offer. The offer, made Jan. 8, 2010 allows for a minimal inflationary increase. This means you can continue [...]
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Posted in Business
Posted on 14 January 2010. Tags: baton, Business, chinese, company, holden, kip, led, mayor, rouge
Wednesday Baton Rouge Mayor Kip Holden announced that two Chinese companies that specialize in LED-lighting had agreed to jointly build a new manufacturing and distribution plant in Baton Rouge to serve North America. “This has been a great day for Baton Rouge,” Holden said. Pepnice Corp. is the largest LED lighting manufacturer in the world, [...]
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Posted in Business
Posted on 09 January 2010. Tags: act, credit, group, receives, recovery, shaw, tax
The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a $10.8 million federal tax credit from the U.S. Department of Energy and U.S. Internal Revenue Service for its Shaw Modular Solutions, LLC, nuclear module assembly facility in Lake Charles, La. The goal of the tax credit, also referred to as Section 48C [...]
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Posted in Business
Posted on 08 January 2010. Tags: baton, healthsouth, hospital, rehabilitation, rouge
HealthSouth Corporation (NYSE: HLS) today announced it has signed an agreement to divest HealthSouth Rehabilitation of Baton Rouge, La., to Baton Rouge Rehabilitation Hospital, LLC. The divesture is expected to be completed on January 29, 2010. “The situation in Baton Rouge is unique,” said Linda Wilder, HealthSouth’s Regional President. “The rehabilitation market in Baton Rouge [...]
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Posted in Business
Posted on 06 January 2010. Tags: 2009, better, bureau, Business, offs, rip, scams
Better Business Bureau today released a list of the top 10 scams and rip-offs of 2009. Not surprisingly, many scams sought to take advantage of people who were suffering under tough economic circumstances—such as the unemployed. Additionally, the use of free-trial offers to lock consumers into recurring credit and debit card charges was widespread online. [...]
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Posted in Business
Posted on 05 January 2010. Tags: metro, new, orleans, rate, unemployment
The New Orleans metro area tied for the lowest unemployment rate among the nation’s largest metropolitan areas, according to a report released today by the federal Bureau of Labor Statistics. The unemployment rate for the New Orleans metro area, which includes Metairie and Kenner, was 6.1 percent for November 2009, tied with the Washington, D.C. [...]
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Posted in Business