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People in Business for March 22, 2015

Saturday, 21 March 2015 18:11 Written by
BATON ROUGE AREA Kay White has joined The Honor Society of Phi Kappa Phi as chapter development director, working with chapters and chapter officers on more than 300 campuses nationwide. White, a native of Luling, was a teaching artist for the Manship Theater at the Shaw Center for the Arts. Phil Frost, director of the Baton Rouge Zoo, has been elected vice chairman, of the International Species Information System, which provides animal
Six of Louisiana’s nine metro areas gain jobs
Friday, 20 March 2015 19:59 Written by
The nine-parish Baton Rouge metropolitan area snapped up 47.5 percent of Louisiana’s new nonfarm jobs for the 12-month period ended Jan. 31. Louisiana attracted 24,400 new jobs over the period, and 11,600 of them were filled in the Baton Rouge metro, according to numbers released Friday by the U.S. Bureau of Labor Statistics. Those numbers are preliminary. They are not adjusted for seasonal employment factors. The Lake Charles metro gained 7,400 jobs over
U.S. oil and natural gas rig count drops by 56; Louisiana down 18
Friday, 20 March 2015 18:53 Written by
HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. tumbled by 56 this week to 1,069 amid slumping oil prices. Houston-based Baker Hughes said Friday 825 rigs were seeking oil and 242 exploring for natural gas. Two were listed as miscellaneous. A year ago, 1,803 rigs were active. Among major oil- and gas-producing states, Texas lost 36 rigs and Louisiana
Construction company buys site for asphalt plant
Friday, 20 March 2015 18:16 Written by
A 59-acre tract of land off Scenic Highway that was to be part of a natural gas liquefaction and fueling facility has been sold for $3 million to a Metairie-based construction company that plans to build an asphalt plant on the site. Scenic Highway LLC, which was set up by Barriere Construction Co., bought the land from Sidney G. Brian in a deal that was filed with the East Baton Rouge Clerk of
Mestizo Restaurant files for business reorganization
Friday, 20 March 2015 10:35 Written by
Mestizo Restaurant has asked a federal bankruptcy court for protection from its creditors while the Acadian Thruway restaurant reorganizes its finances after closing a second restaurant. “The fact that Mestizo’s is in Chapter 11 is not going to have any impact on the current operations of the restaurant. Nothing is going to change. They’ll continue to have the same product they have had the past 15 years or so,” said Patrick Garrity, an
Baton Rouge casino market continues winning streak
Thursday, 19 March 2015 17:18 Written by
Baton Rouge’s three riverboat casinos brought in 8.9 percent more in February than they did the year before, thought the Belle of Baton Rouge was downb slightly. The riverboats’ combined winnings hit nearly $27.4 million in February, compared to more than $25.1 million in February 2014, according to figures released Thursday by State Police. This is the third month in a row the Baton Rouge market recorded a gain in winnings over the
Convent plant shutdown places drag on Nucor earnings
Thursday, 19 March 2015 09:31 Written by
Lower steel prices, a challenging energy market and continued losses at its St. James mill are expected to drop Nucor Corp.'s first-quarter results to the range of 10 cents to 15 cents per share, the company reported Thursday. Nucor earned 35 cents per share during the first quarter of 2014. Oil's collapse has led to a glut of pipe and tubing, but Nucor expects overall steel demand to meet or exceed the levels
Business First Bancshares’ acquisition of American Gateway gets approvals
Wednesday, 18 March 2015 14:55 Written by
Regulators and shareholders have approved Business First Bancshares Inc.’s previously announced acquisition of American Gateway Financial Corp., which will combine two Baton Rouge banks into a financial institution with $1 billion in assets and 16 locations. The two firms are holding companies for Business First Bank and American Gateway Bank. “This is a materially significant step for both companies,” said Jude Melville, president and chief executive officer of Business First Bank. “In an
Popular New Orleans restaurant Drago’s eyeing Baton Rouge, Lafayette locations
Wednesday, 18 March 2015 12:03 Written by
Drago’s Seafood Restaurant, the New Orleans eatery best known for its chargrilled oysters, is looking at opening locations in Baton Rouge and Lafayette. A location for the Lafayette restaurant should be announced “in the next couple of days,” said Ron St. Pierre, a spokesman for Drago’s. That restaurant should open later this year. Drago’s is also interested in opening a Baton Rouge restaurant, possibly as part of a mixed-use development that would be
Popular New Orleans restaurant Drago’s eyeing Lafayette, Baton Rouge locations
Wednesday, 18 March 2015 11:44 Written by
Drago’s Seafood Restaurant, the New Orleans eatery best known for its chargrilled oysters, is looking at opening locations in Baton Rouge and Lafayette. A location for the Lafayette restaurant should be announced “in the next couple of days,” said Ron St. Pierre, a spokesman for Drago’s. That restaurant should open later this year. Drago’s is also interested in opening a Baton Rouge restaurant, possibly as part of a mixed-use development that would be
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