Economic Development

John Engquist acquires land for final Materra phase 

Developer John Engquist has acquired the last portion of land for the final phase of Materra, the 100-acre traditional neighborhood development next to Woman’s Hospital, according to public records. 

What the Fed chair is now saying about taming inflation  

Federal Reserve Chair Jerome Powell said today that inflation remains too high and that...

Louisiana is on track to enter spring with a $330M budget surplus

Louisiana is projected to have tens of millions of extra dollars to spend next spring after the state finished its last budget cycle with an estimated $330 million surplus. The figure will be finalized in January, just as Gov.-elect Jeff Landry and legislators take office.

Bernhard Capital’s Environmental Systems Group acquires consulting firm 

Environmental Systems Group, a comprehensive environmental services solutions platform established by Baton Rouge’s Bernhard Capital Partners, is expanding its portfolio with the acquisition of ELOS Environmental, an environmental consulting firm. 

Chicago-based home rental company expands Baton Rouge footprint

Kairos Living, a Chicago-based single-family home rental company, is expanding its Baton Rouge-area footprint, according to public records. 

Louisiana sees August spike in workers quitting jobs

About 71,000 Louisiana workers quit their jobs in August, an increase of about 13,000 from the prior month, according to the U.S. Bureau of Labor Statistics. 
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Louisiana is getting $249M for electric grid upgrades 

The Biden administration on Wednesday announced $3.5 billion for 58 projects across the country to strengthen electric grid resilience as extreme weather events continue to strain the nation’s aging transmission systems.

Southern University receives $800K grant for pollution prevention project 

The EPA has awarded the Southern University Ag Center an $800,000 pollution prevention grant to reduce water pollution from industrial facilities.  

Surge in household wealth fueling US economic growth 

The net worth of the typical U.S. household grew at the fastest pace in...

Gov. Edwards announces $500 million energy resilience program

Gov. John Bel Edwards announced a $500 million program to establish energy hubs for communities during times of natural disasters.Â