CB&I

Economic Development
1:11 pm
Fri December 21, 2012

Shaw Group Shareholders Approve Sale To CB&I

Shareholders of the construction and engineering company The Shaw Group voted Friday to sell the company to Netherlands-based infrastructure giant CB&I.

Baton Rouge’s only Fortune 500 Company said in a statement that 99-percent of its shareholders voted in favor of the deal worth a little over $3-billion-dollars.

Baton Rouge Area Chamber CEO Adam Knapp said CB&I sees Baton Rouge as a center for engineering talent.

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Economic Development
12:00 am
Mon August 6, 2012

BRAC CEO Calls Shaw Buyout a Good Deal For Baton Rouge

Adam Knapp is the President and CEO of the Baton Rouge Area Chamber. (WRKF)

One week ago today, the Shaw Group announced it agreed to be acquired by Chicago Bridge and Iron.

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