Mary Bird Perkins OLOL

‘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.

​​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. 

Fred’s expanding with plans for beer garden 

Fred’s Bar and Grill is planning a massive expansion: a  30,000-square-foot, three-level beer garden in the parking lot of the iconic Tigerland watering hole, owner Mark Fraoli confirms.

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. 

Donnie Jarreau group seeking new investors for Drusilla Shopping Center

JRE Private Equity, Donnie Jarreau and Trey Williams’ real estate investment platform, is seeking co-investors for the Drusilla Shopping Center.
LSU

LSU energy deal set to go before Board of Supervisors

After nearly a yearlong negotiation, LSU has finalized a deal with two private partners to modernize and operate the energy system on the main...

Opposition to tax amendments beginning to take shape

The Louisiana Budget Project this week sent direct mail urging voters to oppose Amendment 2, which would trigger major changes to the state’s tax structure—changes that business interests support. 
Mississippi River bridge

I-10 lights coming back on, but many still broken

Since complaints started mounting earlier this month about the number of burned out lights along Interstate 10 through the heart of Baton Rouge, roughly 30 of the 60 or so lights are back on, according to city-parish officials.

ITEP request for $121M Donaldsonville project goes before state board

The Louisiana Board of Commerce and Industry will consider today an Industrial Tax Exemption Program application for a $121 million “green” ammonia plant in Donaldsonville. 

Mountain Express Oil Co. acquires majority stake in Brothers Food Mart

Georgia-based Mountain Express Oil Co. acquired a majority stake in New Orleans-based Brothers Food Mart and purchased a majority of the Brothers convenience stores, five of which are in the Baton Rouge area, in a deal that closed Friday.

Local grocers bracing for shortages of Thanksgiving Day staples

If you’re looking to buy your Thanksgiving turkey or favorite holiday side this season, you might want to act fast.
acquisition and mergers

Banks wary over proposal expanding IRS’ ability to monitor accounts

Congressional Democrats have agreed to raise their proposed tax reporting threshold for bank account inflows and outflows from $600 to $10,000 a year.

Dagostino Pasta’s new owners shift focus to wholesale, close retail store

In the two years since L.H. Hayward & Co. acquired Dagostino Pasta Company from its Baton Rouge owners, the New Orleans-based Hayward has shifted the focus of the company to wholesale distribution in an effort to broaden its reach to restaurants, grocery stores and e-commerce customers.

Here comes the sun

While solar energy projects are ramping up in Louisiana, attracting panel manufacturers is what will create large-scale jobs.

Bayou Braces and Dentistry opening in former YMCA location

Bayou Braces and Dentistry is opening a second Baton Rouge location, this one in the former YMCA space at 8482 Perkins Road, which the company paid $1.2 million for on Thursday.

Low turnout likely favors tax amendments’ passage

A very small slice of Louisiana’s electorate is likely to determine whether major changes to Louisiana’s tax system will be allowed to go forward, which probably helps the proponents, a professor and political analyst says. 
evolve

Baton Rouge’s Click Here Digital poised for growth with new investment

Click Here Digital’s partnership with two out-of-state investment firms could help the Baton Rouge-based digital marketing agency add 30-40 people over the next 12-18 months to the 100 it employs locally and acquire other firms, founder Bo White says.

Why banks still see brick-and-mortar locations as vital

Technology has not eliminated the need for brick-and-mortar banking but it is changing how physical locations fit into the business models of banks and credit unions, financial professionals say.

Amedisys expands home health care footprint in North Carolina

Amedisys, a Baton Rouge-based home health care and hospice care company, is planning to open more home health care centers in North Carolina.
breweries

Brewing desire

Louisiana breweries believe craft-friendly regulations from state legislators would help them make the good times roll.