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Tag Archives: Louisiana

Louisiana reaches export record of $65.1 billion

BATON ROUGE, La. — The U.S. Department of Commerce says merchandise exports from Louisiana climbed 2.8 percent to a record $65.1 billion in 2014, and new trade agreements could boost those totals in the coming years. The World Trade Center in New Orleans says the 2014 gain marked the sixth consecutive year of export growth for the state, up from ...

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Baton Rouge-area industries expect to maintain employment

BATON ROUGE, La. — A survey by the Greater Baton Rouge Industrial Alliance finds most of the Baton Rouge area’s major industrial employers expect spending and employment at the plants to remain the same or expand during the next six months. The Advocate reports the group represents more than 57 petrochemical, energy, paper, pharmaceutical, pipeline, storage terminal and other industrial facilities ...

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Is Louisiana delta growth giving hope to state’s coastline?

For more than 80 years, Louisiana has been losing ground. Literally. But one area of Louisiana’s coastline is giving the state reason to hope. Two deltas in Atchafalaya Bay have exhibited phenomenal growth over the last 30 years, and the scientific community is hoping they will provide some hints on how to save Louisiana’s boot from disappearing. The West Lake ...

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Abita Springs is taking the Army Corps to court

As the debate over hydraulic fracturing in St. Tammany Parish continues on, the town of Abita Springs is reinforcing its anti-fracking presence by filing its own lawsuit against the U.S. Army Corps of Engineers. According to the Times-Picayune, Abita Springs levied the suit against the Corps because it refused to hold a public hearing regarding Helis Oil & Gas Co.’s ...

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Jindal political rhetoric limits budget solutions

BATON ROUGE, La. — As they look for solutions to next year’s budget problems, lawmakers are finding themselves boxed in by Gov. Bobby Jindal’s rhetoric and trying to find loopholes. Even Jindal is looking for technicalities in his positions, so he can claim he isn’t violating his philosophical stances while also identifying ways to fill a budget gap that has ...

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Louisiana maintains current credit rating, escapes downgrade

BATON ROUGE, La. — Louisiana has been spared a credit rating downgrade — for now. Two national rating agencies — Moody’s Investors Service and Standard & Poor’s Rating Services — announced Friday they were keeping Louisiana at its current credit rating. But both moved the state from a “stable” to “negative” credit outlook. Gov. Bobby Jindal made a personal pitch ...

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Jindal to leave Louisiana’s next governor with budget mess

BATON ROUGE, La. — Year after year, Louisiana didn’t have enough money to cover its expenses, yet Gov. Bobby Jindal refused to roll back income tax cuts or ever-increasing corporate tax breaks. Instead, he raided reserve funds and sold off state property. Jindal suggested job growth from his economic development wins would replenish those assets once the recession ended. It ...

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Air Liquide to build unit to supply St. James Parish plant

EDGARD, La. — Paris-based Air Liquide will invest about $170 million in a unit that will supply oxygen for Chinese petrochemical giant Yuhuang Chemical’s planned methanol manufacturing complex in St. James Parish. The Advocate reports the Yuhuang Chemical plant will produce about 5,500 tons of methanol per day. An overall complex, to be built in three phases at an estimated $1.85 ...

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La. environmental lobby gains prominent ally

BATON ROUGE, La. — Environmentalists have always had a tough slog in Louisiana, where the oil and gas industry provides tens of thousands of jobs and chemical plants dot the landscape along the Mississippi River. But the cause has picked up a high-profile sponsor in the last few years, retired Army Lt. Gen. Russel Honore, the military leader who won ...

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