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New ITEP rules clear another hurdle
The Louisiana Board of Commerce and Industry approved the state’s changes to the Industrial Tax Exemption Program today, which were supported by business and industry as a way to bring stability back to the...
Trump’s trade war spooks Louisiana ports, businesses that rely on them
The place that stands to take the hardest hit in the global trade war can be found right in our backyard. Most U.S. grain, nearly a quarter of its coal and much of its...
Strong petrochemical market igniting growth for St. Gabriel company
Heat exchange repair and fabrication company GEO Heat Exchangers is expecting 2018 to be the hottest sales year in its 21-year history.
The company anticipates a 20% increase in sales this year, compared to 2017,...
Money or integrity: What drives generations of oil and gas professionals?
A new survey by Rigzone begs the question: What drives each generation of professionals working in the oil and gas industry?
Rigzone’s 2018 Ideal Employer Survey queried 6,621 oil and gas professionals in more than 100...
ExxonMobil announces eighth discovery offshore Guyana
ExxonMobil said today it made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block.
ExxonMobil encountered approximately 256 feet...
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My Toughest Challenge
My Toughest Challenge: Lee Jenkins
POSITION: Vice president overseeing operations throughout the Southeast and corporate business development
COMPANY: Performance Contractors
WHAT THEY DO: Provide construction, turnaround and maintenance services to the...
My toughest challenge: Newton Thomas
Position: Owner
Company: The Newtron Group
What they do: Headquartered in Baton Rouge, The Newtron Group is one of the largest privately owned specialty industrial construction companies in the...
The Big Picture
THE ANNIVERSARY
In April, the Port of South Louisiana commemorated the 25th anniversary of operations of its transshipment center, Globalplex Intermodal Terminal. The 335-acre multipurpose terminal handles, on average, 1.1 million tons of cargo annually and can accommodate dry bulk, breakbulk, containers and, with some retrofitting, liquid bulk. Globalplex is...
Insight & Opinion
PROJECT TRACKER
10/12 Industry Report tracks the status of announced or proposed industrial projects in south Louisiana since Jan. 1, 2014, with projected capital investment of $25 million or more. The top map indicates projects estimated at $250 million or more; the map below it, those between $25 million and $250 million. Data is current as of May 1, 2018.
Click either...