Business

9:21am

Wed December 19, 2012
Business

Higher ed watchdog group launches in Shreveport

Board of Regents chairman Bubba Rasberry discusses Louisiana's higher education situation at the launch event for the Shreveport-Bossier Business Alliance for Higher Education.
Credit Kate Archer Kent

College presidents from across North Louisiana joined with business leaders in Shreveport on Tuesday to learn about an advocacy group called the Shreveport-Bossier Business Alliance for Higher Education. The organization will seek its nonprofit status next year. It was formed in 2010 out of concern for higher education budget cuts in Louisiana. Board chairman Patrick Harrison says its highest priority now is to protect LSU Health Sciences Center in Shreveport from being further compromised by LSU cuts and reorganization.

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9:26am

Tue December 18, 2012
Business

Christmas tree stand operator stays with trees 24/7

Leah Anthony of Mooringsport, La., rarely ever leaves her Christmas tree stand in south Shreveport from Thanksgiving Day to Jan. 2.
Credit Kate Archer Kent

The American Christmas Tree Association says sales of both real and artificial trees have been robust this year. The preliminary report reflects Leah Anthony’s sales at her Christmas tree stand in south Shreveport. Anthony has sold 85 trees since she opened on Thanksgiving Day, up a bit from last year. She says she’ll change her stand over to fireworks sales this week. During the past nine years, Anthony worked her way into operating her own stand.

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8:56am

Fri November 30, 2012
Business

Many leads on former Shreveport GM plant, but no buyer yet

The former General Motors plant in Shreveport has officially changed hands. GM’s lease is up and the court-appointed RACER Trust will now maintain the property. The Trust took title last year as part of the GM settlement agreement. Redevelopment manager Bruce Rasher says marketing efforts will be stepped up since the plant’s 3.1-million square feet are now vacant. Rasher says he’s optimistic that he’ll find a buyer, and he’s following up on promising leads alongside state and local economic developers.

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9:02am

Wed November 28, 2012
Business

La. Hostess employees prepare to retool

Bankrupt Hostess Brands is preparing to lay off its workforce of 18,500 employees. In Louisiana, 420 workers are looking toward their next move. The Louisiana Workforce Commission held a series of orientation sessions for the 200 Alexandria-area Hostess employees this week. Rapid Response manager Greg Anders said turnout was much higher than usual.

"We contribute it to the high visibility of the layoff, specifically the national media attention surrounding the layoffs at Hostess Brands," Anders said.

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9:58am

Tue November 27, 2012
Business

CoHabitat poised to relocate to Shreveport's Red River District

CoHabitat Foundation aims to remodel a former restaurant location in Shreveport's Red River District.
Credit CoHabitat Foundation

A co-working nonprofit organization in downtown Shreveport has received a $50,000 grant to help it relocate and become a permanent option for small business owners who wish to work in a shared space. CoHabitat Foundation executive director John Grindley said his lease is up in March 2013. He’s working to close a deal with the city to move CoHab and its 50 member businesses into a defunct restaurant in the Red River District.

“We need to work somewhere downtown that doesn’t force us to raise our member rates,” Grindley said. “We’re looking for a permanent home now.”

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