Economic Development

Led by Louisiana and Texas, US natural gas exports reach a record high 

The U.S. exported more natural gas in the first six months of 2023 than in any other previous six-month period and continues to be the top exporter of the fuel in the world, the U.S. Energy Information Agency reports.  

ExxonMobil planning $100M resin production facility at Port Allen site

ExxonMobil has plans for a new facility in West Baton Rouge specializing in manufacturing durable resins for use in sustainable construction and renewable energy.

Railroad expected to sign off on crossing for Perkins Road underpass project

Business owners in the Perkins Road underpass area raised $40,000 to create a plan to improve connectivity with a safe, multiuse path that encourages pedestrian and bike activity.

Sen. Cassidy wants the federal minimum wage to rise, but by how much? 

Republican U.S. Sen. Bill Cassidy is backing a new effort to raise the federal minimum wage even as the Louisiana Legislature back home has rejected attempts to increase hourly pay on a state level year after year, USA Today Network reports. 

Could the former Earl K. Long site be redeveloped soon?

After a decade of sitting vacant, local developers are looking to bring new life to the former Earl K. Long Hospital site.

Will Baton Rouge youth sports get a boost from the Pennington Foundation?

The Irene W. and C.B. Pennington Foundation has partnered with the Aspen Institute to expand access to recreational activities for children in East Baton Rouge Parish. 
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Jay Dardenne questions White House statement in Southern University funding 

States have engaged in decades of underfunding of land-grant Historically Black Colleges and Universities, leading to a more than $12 billion disparity with comparable non-HBCU institutions, leaders of the U.S. Department of Education and U.S. Department of Agriculture said on Monday. 

New Orleans paint store enters Capital Region with four new locations

Helm Paint and Decorating, a New Orleans-based paint store, has taken its first steps into the Capital Region as it opens four locations in Baton Rouge. 

State auditors question results of $275M workforce development program

Louisiana spent $274.6 million in federal dollars over five years on workforce development programs that often left participants making less money than they had been earning two-to-three quarters before getting the training, the Louisiana Legislative Auditor’s office reports. 

As private sector hiring slows, government is on the rise 

Many companies have instituted hiring freezes this year and several sectors from tech to...