Life for Tyres Group Limited, a European tire recycling company, announced plans last week to invest $46 million in its first U.S. processing facility at the Port of South Louisiana’s Globalplex site in Reserve, Biz New Orleans reports.
A little more than a decade after it closed, the former Metro Bowl bowling alley property at the corner of Airline Highway and Plank Road has traded hands.
Just months before a scheduled 10-day federal civil jury trial, attorneys for once-prominent investment advisor Walter Morales have withdrawn from the case, citing “irreconcilable differences.”