AGP Executive Report
Last update: 2 hours agoOffshore Energy: A $480 million federal loan will help Arena Energy modernize Gulf platforms and pipelines off Louisiana. Project Elkhorn is expected to create 2,400 construction jobs and 400 permanent roles while boosting oil and gas production. Manufacturing: GE Vernova plans a $34.5 million expansion at its Shreveport transformer plant to meet rising grid demand and add workers. Jobs: Borden Dairy will close its Lafayette plant after 60 years, eliminating 149 jobs. Lafayette Investment: Buc-ee’s has broken ground on an $82 million travel center, ending years of delays on the project. Data Center Power: Louisiana groups are challenging the state’s fast-track approval of power projects for Meta, raising a new hurdle for major digital infrastructure plans. Economic Outlook: Baton Rouge led Louisiana metros in job growth as statewide employment rose. LNG: Venture Global moved up the expected first LNG date for its CP2 project, while Woodside signed a 20-year supply deal with QatarEnergy, reinforcing Louisiana’s role in the expanding export industry.
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