Economic Development

Insurance commissioner pushes lawmakers to fund grants to help reinforce roofs

Louisiana Insurance Commissioner Jim Donelon wants state lawmakers to fund a grant program that helps homeowners reinforce their roofs to withstand Category 4 hurricanes.

More than 600 Baton Rouge students seeking BRAC-backed internships

More than 600 Baton Rouge students have been vetted, approved and are now waiting to be matched with local businesses for internships during the next school year.

Pennington names interim director for commercialization efforts

The Pennington Biomedical Research Center in Baton Rouge has named a part-time “director of innovation and commercialization” as the center.

$264M offered in Gulf oil lease sale held as part of climate bill compromise 

Oil companies offered a combined $264 million for drilling rights in the Gulf of...

Franciscan health system acquiring three Mississippi hospitals

The Franciscan Missionaries of Our Lady Health System will acquire the Singing River Health System in Jackson County, Mississippi, expanding the system’s presence there. 

Small businesses weigh banking options amid turmoil 

The collapse of both Silicon Valley Bank and Signature Bank, as well as the...
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Milestone Carbon evaluating Terrebonne Parish site for carbon capture project 

Houston-based Milestone Carbon is considering building a carbon capture and sequestration facility in Terrebonne...

DOTD, EBR seek $2M federal grant to ease traffic congestion during I-10 work 

The Louisiana Department of Transportation and Development is seeking a $1.97 million grant to deploy adaptive traffic signals at 39 intersections on state roads expected to see heavier traffic as the Interstate 10 widening project is ongoing.

Louisiana in a position to cash in on top-dollar energy investments, experts say

While there is some uncertainty with current economic conditions, experts say Louisiana is still well-positioned to take advantage of top-dollar investment opportunities as the energy industry continues to transition away from fossil fuels toward renewables. 

Will ExxonMobil be bringing an advanced recycling facility to Baton Rouge?

ExxonMobil is considering Baton Rouge for a new advanced recycling facility that would repurpose traditionally hard-to-process plastics.