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Shell announces 2024 cohort for enterprise development program

Last week, Shell USA named the 25 entrepreneurs comprising the 2024 Louisiana cohort of its flagship enterprise development program, Shell LiveWIRE. The global program, now in its second year in Louisiana, works as a business...

Industrial property company warns of a slowing real estate market

Prologis, the world’s largest industrial property company, is warning of a slowdown in warehousing markets in the coming quarters as customers focus on tamping down logistics costs, The Wall Street Journal reports. While the San Francisco-based real...

BP trims executive team as it becomes more integrated

BP is simplifying its organizational structure and trimming its executive leadership team to 10 as it seeks to reduce duplication and complexity in management reporting lines. The changes are part of a plan to turn...

Entergy applies for $240M to strengthen Baton Rouge, Reserve electric grids

Entergy Louisiana on Thursday filed two grant applications that would secure roughly $240 million to strengthen portions of the company’s electric grids in Baton Rouge and Reserve if approved. The two proposed projects would serve to...

Benteler Steel/Tube Manufacturing begins $21 expansion

Benteler Steel/Tube Manufacturing, a metal processing company, has announced it is starting a $21 million expansion of its facility at the Port of Caddo-Bossier. Louisiana Economic Development says the company is adding a new threading...

Port NOLA, Kearney Companies ink 10-year lease agreement

The Port of New Orleans (Port NOLA) has announced a new 10-year lease arrangement with The Kearney Companies, a subsidiary of Precision Terminal Logistics (PTL), reports Port Technology. This new lease marks a significant milestone...

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It all began years ago, when industrial owners started digitizing their processes to gain more operational insight into their facilities. Whether they knew it or not, they were laying the groundwork for what would one day give rise to a host of emerging technologies once considered impractical. In the early...

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