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News roundup: La. highways rated poor, funding shrinking … Halliburton reaches $1.1B Gulf spill settlement … US business owners see state, local tax bill go up

Rocky roads: Louisiana's highways continue to be rated poor in national assessments and, though drivers contribute 20 cents for every gallon of gasoline and diesel they purchase, the amount of money going to construction and repairs...

DATE: September 02, 2014 | CATEGORY: Daily Report

Albemarle completes sale of pharmaceutical businesses, manufacturing sites to NY firm

Baton Rouge-based specialty chemical maker Albemarle announced this morning that it has completed the previously announced sale of its antioxidant, Ibuprofen and Propofol businesses to New York-based SI Group Inc. The financial terms of the...

DATE: September 02, 2014 | CATEGORY: Daily Report

Livingston has first site certified as development ready through LED program

Livingston has first site certified as development ready through LED program

A 93-acre site in Livingston Parish has become the first parcel of land in the parish certified as development ready through a program of Louisiana Economic Development, the Baton Rouge Area Chamber and Livingston Economic Development Council...

DATE: September 02, 2014 | CATEGORY: Daily Report

Holden helps kick off monthlong Trevor's Wish food drive

Mayor Kip Holden helped kick off a monthlong food drive in memory of Trevor Sims this morning, officially proclaiming September as "Trevor's Wish—Help Feed The Hungry Month" at an event at the Greater Baton Rouge Food Bank. Before dying of...

DATE: September 02, 2014 | CATEGORY: Daily Report

Downtown building sells for $1.28M

Business partners Gordon LeBlanc Jr. and Tom Adamek have purchased for $1.28 million a building at 631 Main St. that is currently leased to Cumulus Media. The nearly 90-year-old building was purchased as an investment, says LeBlanc, and there are...

DATE: September 02, 2014 | CATEGORY: Daily Report

Highest paid college football coaches are worth their salaries, study says

Highest paid college football coaches are worth their salaries, study says

According to a new study by researchers at Vanderbilt, college football coaches who command what are widely seen as very robust salaries are worth the money because of the value they bring to their universities. As The New York Times reports,...

DATE: September 02, 2014 | CATEGORY: Daily Report

BR the nation's 45th largest export market in 2013, report says

With total merchandise exports last year of $6.3 billion, Baton Rouge was the nation's 45th largest export market, according to new data released today by the U.S. Department of Commerce. Total exports from Baton Rouge grew by $441.3 million last...

DATE: September 02, 2014 | CATEGORY: Daily Report

BR called 'gold standard' for downtown development by 'Clarion-Ledger'

Readers of Jackson, Mississippi's daily newspaper The Clarion-Ledger woke up Sunday morning to a glowing headline and front-page story about the success of downtown Baton Rouge's redevelopment over the past two decades. "Baton Rouge: From...

DATE: September 02, 2014 | CATEGORY: Daily Report

Red Stick Spice Company to open second BR location at Main Street Market

Red Stick Spice Company to open second BR location at Main Street Market

Come Saturday, the Main Street Market will have a new tenant. Red Stick Spice Company announced this morning that it's expanding beyond its store at 7970 Jefferson Highway and opening a second specialty store inside the downtown market at 501 Main...

DATE: September 02, 2014 | CATEGORY: Daily Report

LSU-area condos purchased for $575K

An LSU-area condominium complex has been purchased by S.B.M.D. LLC for $575,000, according to land sale records filed with the East Baton Rouge Parish Clerk of Court. Records refer to the 10-unit complex as University Place Condominium. The complex,...

DATE: September 02, 2014 | CATEGORY: Daily Report

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