Business

Business
12:31 pm
Thu December 27, 2012

Chemical Company Declares Force Majeure After Facility Fire

Surface coating and specialty products giant PPG Industries declared a force majeure Thursday for vinyl chloride monomer made at its Lake Charles facility.

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Energy
5:48 am
Sun December 23, 2012

Forget Fracking: 2012 Was A Powerful Year For Renewables

Wind turbines stand alongside an electrical tower at the National Wind Technology Center, run by the U.S. Department of Energy, outside Boulder, Colo.
Brennan Linsley AP

Originally published on Mon January 7, 2013 10:44 am

Natural gas may have reshaped the domestic energy market in 2012, lowering energy prices and marginalizing the coal industry, but America's shale boom hasn't undermined renewables.

In fact, while analysts were paying attention to fracking this year, a record number of solar panels were being slapped on roofs — enough to produce 3.2 gigawatts of electricity.

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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
1:35 pm
Mon December 3, 2012

Gas-to-Liquid Plant to be First in U.S.

Johannesburg-based Sasol plans to invest up to $21 billion in a gas-to-liquids facility in Westlake.

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Economic Development
3:43 pm
Wed November 28, 2012

Chitosan Plant to Open in Opelousas

Governor Bobby Jindal and AgraTech International Chairman Richard DeMarco announced Wednesday the company will renovate a former Opelousas bottling facility to produce chitosan.

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Wealth and Poverty
10:48 am
Thu November 15, 2012

Louisiana Ranks 6th for Income Inequality

The gap between rich and poor in Louisiana is continuing to grow steadily, according to an analysis of the latest Census figures.

In the Bayou state, the top 20 percent made 9 times more than the bottom 20 percent in 2010. Based on that measure, the Center on Budget and Policy Priorities and the Economic Policy Institute rank Louisiana as the sixth worst state for income inequality.

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Small Business
12:00 am
Thu September 13, 2012

Pinball Gets Design Firm's Gears Going

Past the stuffy, official government buildings of downtown Baton Rouge, you'll find the city's oldest commercial building. Up the creaky stairs off Lafayette Street and beyond the reception area is a big open room. Sometimes the design world gets a little noisy.

WRKF intern Claire Ohlsen visited the workspace and sent us this audio postcard.


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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The Wage Gap
12:00 am
Tue July 31, 2012

Study Ranks Louisiana Second Worst State For Equal Pay

Earlier this year Congress voted down the Paycheck Fairness Act, a measure that would have made it easier for workers to address suspected wage discrimination with their employers.

Louisiana has been ranked one of the worst offenders when it comes to paying women less than men for doing the same job. Efforts by equal pay advocates to make changes at the state level have failed.


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Business
12:00 am
Wed May 16, 2012

Economist says key to Balancing the Budget is Investment

The senate finance committee has yet to reach a decision on the proposed state budget, which currently includes major cuts to health care and education.

WRKF's Tegan Wendland had a conversation with LSU Professor of Finance, Rajesh Narayanan, who says year after year the state has faced major deficits and the future doesn't look too bright - unless there are major changes in the way the state makes investments.

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