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Mayor Holden and Senator Landrieu to Hold Baton Rouge Small Business Summit

Mayor Holden and Senator Landrieu to Hold Baton Rouge Small Business Summit

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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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BRAC Analyzes Results of Legislative Session on Capital Region Economic Development Efforts

BRAC Analyzes Results of Legislative Session on Capital Region Economic Development Efforts

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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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EBR sales tax revenues stable in April

EBR sales tax revenues stable in April

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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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Shaw Awarded Extended Power Uprate Contract for Entergy’s Grand Gulf Nuclear Station

Shaw Awarded Extended Power Uprate Contract for Entergy’s Grand Gulf Nuclear Station

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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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BRAC Completes Regional Innovation Strategy

BRAC Completes Regional Innovation Strategy

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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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Local leaders Unveil New Master Plan for Downtown Baton Rouge

Local leaders Unveil New Master Plan for Downtown Baton Rouge

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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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Blue Cross and OLOL Reach Agreement

Blue Cross and OLOL Reach Agreement

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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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Mayor Announces Chinese LED Companies Moving to Baton Rouge

Mayor Announces Chinese LED Companies Moving to Baton Rouge

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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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Shaw Receives $10.8 Million Recovery Act Tax Credit

Shaw Receives $10.8 Million Recovery Act Tax Credit

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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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HealthSouth Accepts Unsolicited Offer to Purchase Baton Rouge Hospital

HealthSouth Accepts Unsolicited Offer to Purchase Baton Rouge Hospital

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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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Better Business Bureau Lists Top 10 Scams and Rip-Offs of 2009

Better Business Bureau Lists Top 10 Scams and Rip-Offs of 2009

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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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New Orleans Metro Area Ties for Lowest Unemployment Rate in Nation

New Orleans Metro Area Ties for Lowest Unemployment Rate in Nation

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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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