Economic Development

Budding U.S. offshore wind industry facing rough seas 

Just as the U.S. is plunging into the deep end of offshore wind energy...

East Baton Rouge saw highest new business growth in Louisiana last year

Though down from the last two years, East Baton Rouge Parish saw the most new business applications in the state last year, according to the U.S. Census Bureau.  

Syngenta, ExxonMobil, Capitol City Produce among local players seeking tax breaks

Syngenta Crop Protection’s nearly $52 million investment in Iberville Parish is among the Capital Region-based highlights on Friday’s state Board of Commerce and Industry agenda. 

How LSU contributes to economic prosperity

Robert Twilley, vice president for research and economic development, wants to boost LSU's economic impact in Louisiana and the Capital Region.

Comite River diversion project fully funded-again

The federal government has officially renewed its commitment to fully pay for the Comite River diversion project with $476 million in additional funding, U.S. Rep. Garret Graves says. 

Hockey takes another shot

It’s been 20 years since the Kingfish left town but Barry Soskin says he’s got the formula for making minor league hockey a success in Baton Rouge.
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Grand Isle Shipyard consolidating Capital Region offices in a new campus

Galliano-based Grand Isle Shipyard, an oil and gas services company, is planning to consolidate its Capital Region operations with a new campus along Innovation Drive. 

ExxonMobil to become No. 1 owner-operator of CO2 pipelines in U.S. with Denbury purchase

ExxonMobil Corp. announced this morning it has entered into a definitive agreement to acquire Denbury Inc. in an all-stock transaction valued at $4.9 billion.

New hockey team will take to the ice as the Baton Rouge Zydeco 

The Louisiana capital’s new professional hockey team will be called the Baton Rouge Zydeco,...

Capital Region feels interest rate pinch as jobless claims hit 18-month high 

The Federal Reserve’s rate hikes may finally be hitting the Capital Region, with unemployment rates climbing slightly to 3.4% this month and jobless claims rising to their highest level in 18 months, according to the Baton Rouge Area Chamber’s latest economic indicator report.Â