Economic Development

EBR sales tax collections in June up more than 14% from a year ago

East Baton Rouge Parish in June collected about $17.9 million in sales taxes, not counting taxes on vehicle sales, which is 14.3% higher than the same month last year, according to the city-parish. 

Paperless Environments acquires California-based construction software company 

Baton Rouge-based software company Paperless Environments today announced it has acquired California-based Greenlight Compliance Solutions, a construction software company specializing in risk management and safety compliance. 

National real estate investors eye south Louisiana with caution after major storms

​​Is Louisiana’s increasing vulnerability to major weather events having a chilling effect on commercial real estate investment?

Kansas City Southern chooses Canadian Pacific railroad bid 

Kansas City Southern has decided that a $31 billion bid from Canadian Pacific is the best of two offers on the table to buy the railroad, throwing another obstacle into the possibility of a passenger rail between Baton Rouge and New Orleans.

Stronger storms may require further hardening of infrastructure

Storms are becoming more severe, meaning Louisiana may need to harden road shoulders and embankments more than it has in response to prior hurricanes, a state Department of Transportation and Development spokesperson says. 

Gulf oil and gas platforms still offline two weeks after Ida 

Nearly half of U.S. offshore oil production remains out of service two weeks after...
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United Airlines flight to LAX a winner for BTR

LSU’s Sept. 4 season opener against UCLA might have been a disappointment for Tiger fans. But United Airlines’ nonstop service from the Baton Rouge Metro Airport to LAX was a winner.

Uncertainty over Biden’s vaccine mandate has companies in ‘wait-and-see mode’

President Joe Biden’s declaration that companies with more than 100 employees must ensure their workers are vaccinated against, or test negative for, COVID-19 could relieve employers of the burden of deciding whether to impose that mandate themselves. 

Garbage collection challenges in Baton Rouge persist, Republic tells Metro Council

At Wednesday’s Metro Council meeting, officials from Republic Services, which has the $90 million annual contract to pick up garbage, recycling and woody waste around the parish, tried to explain to the council what they’re up against.

Commerce Community Bank becomes Currency Bank, opens Baton Rouge branch

North Louisiana-based Commerce Community Bank is changing its name to Currency Bank and opening...