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Acquisitions

H&E Equipment sells off crane business

The company entered into a definitive agreement to sell its crane business for $130 million in cash to a subsidiary of global crane manufacturer The Manitowoc Company.

Canadian National-Kansas City Southern merger impacting Louisiana may be hindered by presidential order

An order President Joe Biden signed late last week could hinder the pending merger of Canadian National Railway and Kansas City Southern, S&P Global...

Energy transition firm Stabilis acquires Port Allen LNG production facility

Stabilis Solutions Inc., a provider of energy transition services including liquefied natural gas and hydrogen fueling solutions, has acquired an LNG production facility in...
Ben Bordelon

Bollinger acquires Gulf Island’s shipbuilding assets

Louisiana-based Bollinger Shipyards continued its pattern of growth by acquiring the shipbuilding assets of Gulf Island Fabrication in Houma, reports KATC. The deal positions...

Southern Towing acquires Sulphur-based Devall

Southern Towing Co., an affiliate of CC Industries, announced Feb. 2 that it has acquired Devall Towing of Sulphur, reports the Waterways Journal. Devall Towing...

Québec firm acquires Baton Rouge’s Drillco

Baton Rouge's Drillco is one of two companies acquired by a Montreal, Québec company on a quest to become a global leader for productivity...

SWAT acquires Mississippi petrochemical maintenance company

Gonzales-based industrial services company Specialty Welding and Turnarounds LLC has bought a Mississippi petrochemical maintenance business with international offices. Specialty Welding and Turnarounds acquired Hydroprocessing...

Petroleum Service Corporation acquires Fryoux’s tankerman operations

Petroleum Service Corporation, the Baton Rouge-based portfolio company of Aurora Capital Partners, has acquired certain assets from Fryoux Tankerman Service, a shoreside tankerman company...

Top industry stories of 2020

A litany of tumultuous events turned 2020 into a very bipolar year. Few in south Louisiana’s industrial sector escaped the fallout from the COVID-19...

Top stories of 2020

A litany of tumultuous events turned 2020 into a very bipolar year. Few in south Louisiana’s industrial sector escaped the fallout from the COVID-19...

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