Turner Industries Executive Chairman Roland Toups is taking a step back from the company’s daily operations and transitioning into more of an advisory role, says his son Stephen Toups, who has been named CEO.
The lone Krispy Kreme location in Baton Rouge, at 5504 Plank Road, was sold to SunTrust NLIP—whose parent company is Atlanta-based corporate and investment banking firm Truist Securities—for $2.9 million in a land deal filed Monday.
Through the project, announced last year, Shintech will create 30 new direct jobs. The company expects the expansion to create up to 2,400 construction jobs, with construction slated to wrap toward the end of 2023.
Business Report and Junior Achievement will honor six Baton Rouge individuals and companies at the 2022 Business Awards & Hall of Fame gala in March. This year’s winners, as selected by a panel of independent judges, are:
The Baton Rouge metro area saw a 58.6% increase in the number of new business applications in 2020, the fourth-biggest increase in the nation, according to Lending Tree, a company that helps loan seekers compare potential lenders.
Chicken shortages and price hikes have impacted Baton Rouge businesses in recent months, but unlike elsewhere in the country, menu items haven’t changed yet.
A federal judge in the Western District of Louisiana has blocked another Biden administration COVID-19 vaccine mandate, this time affecting the Head Start program.
The Louisiana Public Service Commission has given $220,000 worth of government contracts to a consultant with professional and personal connections to one of its commissioners, even after the consultant’s law license was suspended in 2019, Louisiana Illuminator reports.