Sold: Although terms of Industrial Fabrics owner Cary Goss’s deal to buy GEC Inc. were not disclosed, property records show he bought the engineering firm’s office on Goodwood Boulevard, near Independence Community Park, for $5 million. Read Daily Report’s previous coverage of the sale.
Beer boom: New Orleans-based Urban South brewery is planning to open its first out-of-state brewery this fall in Houston, NOLA.com reports. Urban South founder Jacob Landry launched the brewery in 2016 and expects it will be the second largest brewery in Louisiana, behind Abita, by next Mardi Gras. Read the full story.
All bets are on: Louisiana senators agreed Tuesday to legalize sports betting within the footprint of the state’s casinos and racetracks, with the bill’s sponsor arguing that gamblers already are making the wagers but without the state benefiting from the activity. The majority-Republican Senate voted 24-15 for the proposal, sending it to the House for consideration, where it faces a tougher road to passage in the more conservative chamber. Read the full story.
