Economic Development

Mockler Beverage expands, acquires Houma’s Buquet Distributing 

Baton Rouge-based alcohol distributor Mockler Beverage Co. today announced it has entered into an agreement to acquire Houma-based Buquet Distributing Co. for an undisclosed price. 

Broome’s administration: St. George Transition District doesn’t legally exist

Louisiana lawmakers have announced four of the five directors for the St. George Transition District, which would be the temporary taxing authority for the proposed new city.

Property rezoning opposed by neighborhood group goes before Metro Council

A property rezoning and comprehensive land use plan amendment that drew opposition from a neighboring civic association is going in front of the Metro Council at tomorrow’s zoning meeting.

Adams and Reese acquires Tampa law firm, expands construction practice 

Through the deal, Adams and Reese’s current roster of construction attorneys will grow from 58 to 75, making it one of the largest construction practices in the country, the law firm says in its announcement.   

Louisiana seeing wave of new drilling activity 

Drilling requests and rig counts are hitting new highs in the state, WBRZ-TV reports.

Fire chief, attorney named to St. George Transition District

Louisiana legislators have added St. George Fire Deputy Chief of Administration Dustin Yates and Baton Rouge attorney Andrew Murrell to the St. George Transition District. 
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Wholesale prices skyrocket in February

Wholesale inflation in the U.S. shot up 10% last month from a year earlier—another sign that inflationary pressures remain intense at all levels of the economy.

Jennings site will be converted into heavy industry equipment plant

Washington state-based Greenberry Industrial LLC plans to convert a shuttered Gulf Island Fabrication site near Jennings, closed in late 2020, into a plant that makes equipment for heavy industry, according to U.S. News & World Report.

Renewable diesel plant advances to next stage in development process

Strategic Biofuels has cleared a significant hurdle in the development of its $700 million Louisiana Green Fuels renewable diesel plant near the Caldwell Parish seat of Columbia.  

Cadence Bank, after BancorpSouth merger, opening branch on Corporate

Cadence Bank will open its first Baton Rouge branch after purchasing a 3.5-acre lot on Corporate Boulevard at the end of last year.