Economic Development

After a record-breaking year of mergers and acquisitions, what will 2022 bring?

It’s been a record-breaking year for business mergers and acquisitions both in the U.S. and globally.It’s been a record-breaking year for business mergers and acquisitions both in the U.S. and globally.

Baton Rouge self-storage facilities thrive amid pandemic’s disruption

Self-storage facilities have been one of the biggest winners during the pandemic, and it’s no surprise why. The businesses saw upticks in occupancy due to homebuying, selling, renovations and pandemic organizing.

Why Texas’ roads are so much better than Louisiana’s

Texas and Louisiana charge virtually the same gas tax. So why does Texas have better roads?

Foreign LNG demand sends buyers flocking to Gulf Coast  

Outside interest in American natural gas is surging, with LNG developers along the Gulf Coast landing a record number of contracts this year, boosting the profile of Louisiana’s export terminals. 

Spiking lumber prices drive up home construction costs

After spiking earlier in the year and then stabilizing for a few months, lumber prices are going up again.

Surging inflation leading to more cost-of-living raises

Higher prices, a worker shortage and a revitalized labor movement are bringing about the return of pay increases tied to inflation, known as cost-of-living adjustments, or COLAs.
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Louisiana’s construction climate ranks 19th best in US

Louisiana ranks 19th overall on Building America’s annual Merit Shop Scorecard for the construction industry, the organization announced Tuesday.

Trouble finding workers? Give applicants with criminal records a chance

Business owners and managers who are having trouble finding workers to fill their jobs may want to consider expanding their recruiting to include people who have been incarcerated, advocates say.

SWAT acquires Midwest Cooling Tower Services

Gonzales-based Specialty Welding and Turnarounds LLC, which provides technical maintenance services to chemical, refining, renewable, and industrial clients, today announced the acquisition of Midwest Cooling Tower Services from Dorilton Capital.

General Informatics expands into financial services with Texas acquisition

Baton Rouge-based IT managed services provider General Informatics this morning announced it has acquired Unicom Technologies, a Texas-based provider focused on banking, credit union, and financial services.