Economic Development

Chevron completes Renewable Energy Group purchase that includes Geismar plant

Chevron has completed a $3.15 billion cash acquisition of Renewable Energy Group, which includes a biorefinery in Geismar. 

Louisiana’s broadband expansion has companies looking to recruit 

Bridging the digital divide has become a priority for Louisiana since the COVID-19 pandemic put a spotlight on the crucial role high-speed internet plays in the state's education and economic systems.

Office and warehouse space planned for northeast Baton Rouge

A new 10,795-square-foot office and warehouse space is planned for Mammoth Avenue just north of the intersection of Monterrey and South Choctaw drives. 

First look: The Shed brings its famous barbecue to Baton Rouge  

The Shed BBQ is opening up a smokin’ new joint on Burbank Drive this Monday, June 13—just in time for those summertime barbecue cravings.

Summer 2022: Pent-up demand meets rising inflation

Small businesses that depend on outdoor crowds and free-spending tourists aren’t sure what to expect this summer.

Rising natural gas prices raise concerns for Louisiana industry

the Henry Hub price for natural gas is over $9 per million Btu, more than double what it was a year ago, which raises serious concerns for the domestic petrochemical industry. 
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Real Estate Report: Seismic shifts upend commercial market 

The shutdown brought on by the pandemic caused perhaps the biggest changes in the business industry

Baton Rouge, New Orleans housing markets among nation’s least overpriced 

A recent study by Florida Atlantic and Florida International universities shows the Baton Rouge and New Orleans metro areas are two of the least-overpriced real estate markets in the country.

More companies offering no-cost health insurance to retain employees  

Companies are increasingly revising the health benefits they offer in an effort to retain and recruit new employees, Inc. reports.  

Consumer behavior starting to change as gasoline approaches $5 a gallon 

As U.S. gasoline prices approach a record average of $5 a gallon, fuel costs are rippling through almost every corner of business,