Activist investor calls for Honeywell breakup
Activist investor Elliott Investment Management has amassed a $5 billion stake in Honeywell International and is calling on the company to break itself apart,...
Who bought this Prairieville industrial property near I-10 for $1.1M?
A 13,500-square-foot industrial building was sold in Prairieville to continue as an industrial wholesale location for rigging products.
Greg Denova purchased the property through American...
This Louisiana steel fabricator just announced a $25M expansion
St. Helena Parish-based Southland Steel Fabricators Inc. announced Monday that it is investing $25 million to add 100,000 square feet of production space and...
LED announces 2024 Lantern Award winners
Eight Louisiana industrial sector companies were recognized with Lantern Awards at the Capitol Park Museum last week for demonstrating business excellence, innovation and community...
BASF is launching a new strategy to boost earnings
In an effort to boost earnings, BASF is cutting its annual dividend and is considering shedding noncore assets like its agricultural chemicals business, The Wall...
This Baton Rouge company is expanding with a robotic assembly line
Baton Rouge-based Fabricated Steel Products will expand its local facility to add a new robotic assembly and welding line, Louisiana Economic Development announced last...
Louisiana is included in the Biden administration’s latest round of EV battery funding
The Biden administration is awarding over $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric...
Mid South Extrusion to invest $17 million in Ouachita Parish facility
Mid South Extrusion will invest $17 million at its facility in Ouachita Parish to install two new state-of-the-art blown film extrusion lines to support...
How a decline in EV sales is putting parts manufacturers at risk
In recent months, several major automakers have announced plans to slow their transition to electric vehicles. Last week, Volvo said it wouldn’t move as...
U.S. manufacturing edges up after eight-month low
A gauge of U.S. manufacturing edged up last month from an eight-month low in July amid some improvement in employment, but the overall trend...
