GET DAILY REPORT FREE
‘Business Report’ founder Rolfe McCollister retires after 40 years; Julio Melara acquiring Baton Rouge...
Rolfe McCollister Jr., who launched Baton Rouge Business Report in 1982, is retiring from the 40-year-old company. Julio Melara, who joined the company 25 years ago, is acquiring Louisiana Business Inc.
b1Bank expanding into Houston with Texas Citizens Bank acquisition
The transaction will not only extend the b1BANKS’ reach along the industry-heavy Interstate 10 corridor, but will also grow its assets to some $4.9 billion.
Industrial gas company to build $4.5B clean energy complex in Ascension Parish
Air Products, an industrial gas company, is planning to build a $4.5 billion clean energy complex in Ascension Parish, according to a news release.
Capital Region could add nearly 22,000 jobs in next two years, Loren Scott says
The Capital Region could add about 16,600 jobs next year and 5,300 jobs the year after, economist Loren Scott predicts in the latest version of his Louisiana Economic Forecast.
News alert: OLOL announces plans for $100M cancer institute
Our Lady of the Lake Regional Medical Center is investing $100 million to establish a new regional cancer center that will be branded as the Our Lady of the Lake Cancer Institute.
Bernhard energy services firm to be acquired by global investment fund
DIF Capital Partners, a global infrastructure investment fund manager, today announced an agreement to acquire Bernhard, LLC, the New Orleans-based energy services firm owned by Baton Rouge-based private equity firm Bernhard Capital Partners.
Pace of bank mergers faster than at any time since 2008 crash
Banks this year are completing acquisitions and mergers at a pace not seen since the 2008 financial crisis, The Wall Street Journal reports.
News alert: Mary Bird Perkins, OLOL to part ways; cancer center finds new out-of-state...
Mary Bird Perkins Cancer Center is ending its affiliation with Our Lady of the Lake Regional Medical Center and has announced it is partnering with a Nashville-based network of independent oncology practices, OneOncology.
News alert: FMOL system mandates vaccines for all employees
The Franciscan Missionaries of Our Lady Health System, which owns Our Lady of the Lake Regional Medical Center in Baton Rouge and four other hospitals around the state, announced this morning it will mandate COVID-19 vaccinations for all team members, employed providers, residents, students in clinical rotations, contract staff, and volunteers.
News alert: ExxonMobil greenlights $247M upgrade of Baton Rouge refinery
ExxonMobil announced this morning it will move forward with a $247 million investment at its north Baton Rouge refinery to modernize and upgrade the aging facility and enhance its competitiveness.
News alert: John Davies retiring from BRAF
John G. Davies has announced he will retire as president and CEO of the Baton Rouge Area Foundation, after nearly 33 years at the helm of the organization.
Get to know Dianna R. Payton, a 2021 Influential Woman in Business
In 2020, billionaire philanthropist and writer MacKenzie Scott made headlines by donating $6 billion to charity, part of a pledge to give away most...
News alert: William Tate becomes LSU’s first Black president
The LSU Board of Supervisors has tapped University of South Carolina Provost William Tate IV to be LSU’s next president and the first Black leader in the university’s history.
News alert: King Alexander alleges board interference on AD hire in ‘Chronicle’ story
King Alexander alleges that, at a secret meeting at Juban’s Creole, members of the LSU Board of Supervisors explicitly instructed him to oust then athletics director Joe Alleva and replace him with Scott Woodward.
News alert: King Alexander submits resignation from Oregon State
King Alexander has resigned as president of Oregon State University because of fallout from his handling of reports of sexual abuse and misconduct while president of LSU.
News alert: LSU board chair blasts King Alexander in letter to OSU board
His job already at Oregon State already in jeopardy, F. King Alexander sustained another hit as LSU Board Chairman Robert Dampf sent a stinging letter to the OSU board.
News alert: Sexual misconduct report criticizes LSU’s Title IX office, leadership
A 150-page report on the way LSU has handled complaints of sexual abuse and violence on campus not only sharply criticizes the university’s Title IX office, but, more specifically, blames university leadership for failing to adequately staff and support the office and for ignoring many red flags over the years calling attention to the problem.
News alert: Bernhard, Enwave to split LSU energy deal
The LSU Board of Supervisors has approved a broad agreement that calls for splitting a lucrative energy services contract for the Baton Rouge campus between the two entities that, for months, have been vying for the deal.
Roundup: CATS upgrades / Vaccine volunteers / Netflix subscribers
Safe payments: The Capital Area Transit System in Baton Rouge has received $337,500 in federal funding for a technology upgrade aimed at making the...
News alert: ExxonMobil proposing $240M upgrade to Baton Rouge refinery
ExxonMobil is proposing a more than $240 million investment at its north Baton Rouge refinery that will include upgrades and installation of new technology and equipment designed to make the facility more competitive and efficient.
