Economic Development

LSU’s Foodii continues to innovate by adding new revenue sources  

Since it opened in 2013 in a former poultry lab on the LSU campus, the LSU AgCenter Food Innovation Institute has been best known for helping culinary entrepreneurs develop products and get them to market. 

Where y’at? Baton Rouge agencies using cellphone data to track visitor behavior

Baton Rouge agencies are now turning to cellphone location data to help with planning and marketing. 

Four-day workweek can lead to more efficient employees

Employees become more efficient when the average workweek drops from 38 hours to 33 hours, according to new research. Conventional wisdom among employers has been that a four-day workweek would result in a productivity decline.

SunGas Renewables considers Rapides Parish for $1.8B methanol facility

SunGas Renewables, an independent division of GTI Energy, today announced it’s considering investing $1.8 billion for a renewable low-carbon methanol production facility in Rapides Parish. 

Culinary innovator

The LSU AgCenter Food Innovation Institute's (Foodii) latest plans include a new retail shop and a focus on product development and bottling.

Louisiana metros rank low on US emerging housing market index

While seven Louisiana’s metro markets made The Wall Street Journal’s summer emerging housing market index released this morning, they all ranked near the bottom of the list. 
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Will expected interest rate hike further cool the local commercial real estate market? 

The Federal Reserve is expected to raise interest rates by one-quarter of a percentage point today, which would be the 11th hike in the past 12 policy meetings but might also be the last in the Fed’s current effort to tame inflation. 

Automation could begin replacing certain jobs sooner than anticipated

Automation was already expected to wipe out millions of jobs in the U.S., but the COVID-19 pandemic has accelerated the pace of these changes.  

Ontario plant will supply company with knowledge for Ascension biomass facility

Origin Materials’ first commercial site will soon begin making chloromethyl furfural, a chemical used...

See how Mo Vij and 365Labs are streamlining law enforcement operations

Louisiana’s fastest-growing software firm could have been launched anywhere in the nation. But Mohit “Mo” Vij, president and CEO of 365Labs, always insisted on Baton Rouge.