Economic Development

‘It’s really, really sad that it had to turn into this’

The ending of the Mary Bird Perkins partnership with Our Lady of the Lake is something few saw coming, or thought would ever happen, but now that it has the Baton Rouge health care market will never be the same.

It’s done: Mary Bird Perkins signs deal with new partner, ending affiliation with OLOL

Mary Bird Perkins Cancer Center has finalized its affiliation agreement with the Nashville-based network of independent oncology practices, OneOncology, clearing the way for the new partnership to take effect Jan. 1 and officially ending MBPCC’s nearly decadelong affiliation with Our Lady of the Lake Regional Medical Center.

​​Build Baton Rouge expects work to begin on $10M development early next year

Build Baton Rouge CEO Chris Tyson says he expects construction to begin during the first quarter of next year on a $10 million mixed-use development on Plank Road in north Baton Rouge. 

Baton Rouge-based PreSonus acquired by Fender 

Fender Musical Instruments Corp. today announced it has entered into an agreement to acquire Baton Rouge-based PreSonus Audio Electronics, an audio recording software and hardware manufacturer founded in 1995.  

​​LABI names 2021 Free Enterprise Award winners

The Louisiana Association of Business and Industry today announced the companies and individuals it has selected as winners of its 2021 Free Enterprise Awards. 

State launches ‘transfer pricing’ program to reduce tax uncertainty for businesses 

Corporations that sell goods and services between their own subsidiaries may benefit from a new state program to resolve taxation disputes. 
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Emissions from federal oil and gas lease sales under increased scrutiny 

Oil and gas lease sales—one of the tent poles propping up Louisiana’s economy—are again under scrutiny from the Biden administration.

Year-over-year city-parish sales and use tax collections climb nearly 10%

For the city and parish combined, recurring city-parish sales and use tax collections totaled $17.84 million in August, a 9.9% increase over the same month last year.

Global supply chain gridlock largely result of chassis shortage 

Transportation executives trying to manage the supply chain gridlock that’s frustrating U.S. businesses say the ability to clear the bottlenecks rests largely on a simple piece of steel and wheels that has long been an afterthought in global shipping, The Wall Street Journal reports. 

Cars running into new medians on Government Street following “road diet” 

State officials are in the process of turning Government Street over to East Baton Rouge Parish following the street’s “road diet” transformation, though a few roadblocks remain, WBRZ-TV reports.