Biz New Orleans - May 2022

Mid South Extrusion Invests $4.9M in Monroe Facility

MONROE, La. — From Louisiana Economic Development: Mid South Extrusion, which produces polyethylene film for food packaging and other consumer and industrial uses, is investing $4.9 million to add a 12th production line at its manufacturing facility in Monroe. The…

A Community-Minded Company

When you picture a car dealership, what comes to mind? A silly, dancing inflatable? A pushy salesman in a checkered sports coat eager to make a quick deal? Some dealerships fit this prevailing stereotype that car buyers have come to…

Entergy Shares Guidance for Hurricane Season

NEW ORLEANS (press release) – Entergy New Orleans and Entergy Louisiana are ready for another hurricane season come June 1, and you should be ready, too. Entergy’s Louisiana utilities prepare for the worst of what Mother Nature might bring, because…

The 'Great Wall of Louisiana' Is Complete

NEW ORLEANS (AP) — Seventeen years after Hurricane Katrina flooded New Orleans, the Army Corps of Engineers has completed an extensive system of floodgates, strengthened levees and other protections. The 130-mile (210-kilometer) ring is designed to hold out storm surge of about…

Budget's Done but Other Issues Await Lawmakers

BATON ROUGE (AP) — Louisiana's Legislature is heading into its final week after a Memorial Day weekend break, with major budget work completed and a debate that divided opponents settled. Other issues remain unresolved as the session nears its deadline…

Iconic Uptown Restaurant for Sale

NEW ORLEANS — Corporate Realty announced that it is representing owners JoAnn Clevenger and Alan Greenacre as they sell Upperline Restaurant, located at 1413 Upperline and 4836 Pitt streets. The 4,293-square-foot property currently has a liquor license and is outfitted…

Moody's Upgrades Louisiana's Issuer Rating

NEW ORLEANS — On May 25, Moody's Investors Service announced that it has upgraded Louisiana's issuer rating to Aa2 from Aa3. According to Investopedia, Aa2 is the “third-highest long-term credit rating that Moody's assigns to high-quality fixed-income securities with very…

Gambel Communications Welcomes Ashleigh Fortenberry

NEW ORLEANS – Ashleigh Fortenberry has joined the team at Gambel Communications, a New Orleans-based public relations agency, as a communications coordinator. Fortenberry’s responsibilities include providing media and community relations, as well as social media services support for clients in…

Study: Millennials Are Ready for Family Travel

NEW ORLEANS – The Olinger Group, a market research firm specializing in luxury travel, has completed a research project it says will give luxury brands "the insights they need to move forward with confidence in a post-COVID world." In February…