business

Oil Industry
1:45 pm
Fri September 14, 2012

Production starts at ultra-deep Gulf oil field

Petrobras USA says production has begun at its Chinook oil field in the ultra-deep waters of the Gulf of Mexico.

The company says production started last week in the field using a specialized ship that processes and stores oil and natural gas in place of a production platform. The field is being worked by BW Pioneer, a type of ship known in the oil industry as a floating, production, storage and offloading vessel, or FPSO.

Film Industry
3:43 pm
Thu September 13, 2012

$15M film complex planned in St. Rose

Quixote Studios, a Los Angeles-based production services company, is breaking ground on a $15 million sound stage and "film campus" project in St. Rose.

New Orleans CityBusiness reports the first two phases are scheduled for completion in early 2013 and include two stages with 30,000 square feet of space.

Quixote CEO Mikel Elliott says the company opened a studio shop in New Orleans last year and moved to the St. Rose location two months ago.

The second phase entails two more 30,000-square-foot stages and is expected to be complete in 2014.

Piccadilly Restaurants
3:00 pm
Thu September 13, 2012

Piccadilly files for Chapter 11 bankruptcy

Piccadilly Restaurants, a Baton Rouge-based cafeteria chain, has filed Chapter 11 bankruptcy.

Thomas Sandeman, the company's CEO, told The Advocate the filing, which was made Tuesday in U.S. Bankruptcy Court in Lafayette, will protect the value of Piccadilly, along with its employees and restaurants.

The bankruptcy filing said the chain wanted to protect itself from what it called "an aggressive legal maneuver" taken by lender Atalaya Capital Management.

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Business & Technology
12:11 pm
Thu September 13, 2012

Forum Energy Technologies to expand

Forum Energy Technologies says it plans to build a new 150,000-square-foot facility in St. Martin Parish to produce onshore and offshore drilling equipment for global customers.

Forum Energy CEO Cris Gaut says the $19 million project will replace an existing facility in nearby Broussard. The project will retain 203 existing jobs and create 125 new direct jobs with average annual salaries of more than $45,000, plus benefits. State economic development officials estimate the project will also create an additional 300 new indirect jobs.

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Business & Technology
5:00 pm
Wed September 12, 2012

Small business center to open in St. John

The Small Business Administration, Louisiana Department of Economic Development and the Louisiana Small Business Development Centers will open a business recovery center in St. John the Baptist Parish for companies affected by Hurricane Isaac.

The center opens Thursday at 2013 W. Airline Highway in LaPlace.

Its hours will be 8:30 a.m.-5 p.m. on Thursdays and Fridays.

Bollinger Shipyards
4:27 pm
Wed September 12, 2012

Bollinger VP Vauclin to retire after 52 years

After 52 years in the shipyard industry, Bollinger Shipyards, Inc., Vice President Larry Vauclin is calling it quits.

Vauclin, vice president for the company's central division, is retiring effective Sept. 21.

Bollinger Executive Vice President Ben Bordelon announced Vauclin's retirement Monday. He says Vauclin has been a critical part of the company's growth and a mentor to many in the industry over the length of his career, which started in 1960 with Main Iron Works in Houma.

New Orleans Business Alliance
12:22 pm
Wed September 12, 2012

New Orleans business group gets $1 million grant

The New Orleans Business Alliance is receiving a $1 million Economic Development Administration grant to help fund the development and implementation of a strategic plan to boost business and job growth in the city.

The grant was announced Monday by acting U.S. Commerce Secretary Rebecca Blank.

The Advocate reports the grant will be used by the Alliance to identify ways to support existing businesses and attract new ones to the region and to develop a strategic five-year economic development plan for the city of New Orleans.

The Salt
6:12 pm
Tue September 11, 2012

Yelp Reviewers Slice And Dice The Politics Of Pizza

President Obama is lifted off the ground by Scott Van Duzer, owner of Big Apple Pizza and Pasta Italian Restaurant, during an unannounced stop Sunday in Fort Pierce, Fla.
Pablo Martinez Monsivais AP

Originally published on Wed September 19, 2012 3:07 pm

When Scott Van Duzer welcomed President Obama to his pizza shop Sunday with a massive bearhug, it was the beginning of the end of his anonymity.

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Hubig's Pie Factory Fire
4:51 pm
Tue September 11, 2012

Hubig's bakery weighs options after July fire

Firefighters battle the Hubig's Pie factory blaze on the morning of July 27.

A demolition project has started at the site of an iconic New Orleans bakery gutted by a fire in July.

Drew Ramsey, operations manager for the Simon Hubig Pie Co., tells WDSU-TV that the company hasn't decided where to rebuild the bakery that churned out roughly 100,000 fried snack pies every week.

A demolition crew used a crane Monday to pick through the wreckage of the company's building in the city's Marigny neighborhood.

Ascension Parish Development
3:21 pm
Tue September 11, 2012

Tax doubt could hurt project in Ascension Parish

A land owner in Ascension Parish worries that a local sales tax dispute could force a Fortune 500 company to abandon its development plans in Gonzales.

Nolan "Sonny" Lamendola has an agreement to sell 18 acres to Emerson Process Management.

Emerson has been in Ascension Parish for 40 years and plans to build a $10 million expansion to consolidate six of its operations or subsidiaries, including two elsewhere in the parish.

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