Manufacturers stockpile parts, materials ahead of expected new tariffs
U.S. manufacturers are stockpiling imported parts and raw materials in anticipation of President-elect Donald Trump imposing new tariffs next year.
Buying activity among North American...
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...
Why oil and gas services providers are pulling back on spending
Leaders of companies that supply the oil and gas industry are sounding less bullish than they were earlier this year, The Wall Street Journal reports.
Oil field...
Shell is counting on higher LNG production
Oil and gas giant Shell expects a rise in liquefied natural gas production and resilient gas trading in the third quarter, potentially offsetting continued...
Offshore wind project hits supply snag
New Jersey hit the pause button last week on an offshore wind energy project that is having a hard time finding someone to manufacture...
Land for new logistics park acquired for $10.9M
Two Louisiana-based firms—JRE Capital and Ratcliff Development, partnered to purchase nearly 200 acres in Geismar for a new logistics park.
The firms purchased the 186 acres of...
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...
OPEC cuts demand growth forecast after delaying hike in output
The Organization of the Petroleum Exporting Countries slightly cut its forecast for oil-demand growth after delaying its planned output hikes last week in a...
U.S. container imports jump 12.9 percent compared to a year ago
Imports of U.S. container cargo in August jumped 12.9% from a year ago as a summer volume surge delayed cargo at major ports and...
LMOGA President Tommy Faucheux says industry is ‘hurricane-ready’
Louisiana’s oil and gas industry is “hurricane-ready” ahead of Tropical Storm Francine, according to a statement from Louisiana Mid-Continent Oil and Gas Association President Tommy Faucheux.
Offshore...
