Wednesday, August 24, 2011
Acadian Companies, Schumacher Group, Louisiana Rice Mill receive top honors at annual Acadiana Top 50 Business Luncheon Sept. 1
As the executives who lead the region’s top privately held and publicly traded companies gather next week for the third annual Acadiana Top 50 Business Luncheon, three of their peers will be recognized for standout performances. The annual luncheon is a commemoration of the region’s top performing companies based on research that is published each August in The Independent’s sister publication ABiz. The list ranks and reports the region’s top business performers based on gross revenues.
On the heels of plans for a major expansion made public late last month, Dr. Kip Schumacher, CEO of Schumacher Group, has been named Dealmaker of the Year. Announced at a press conference with Gov. Bobby Jindal and other regional government officials at his side, Schumacher laid out a five-year plan to add 600 new jobs with average salaries of over $60,000 a year. The expansion includes $19 million in improvements to its local headquarters and training center, which means another 784 construction jobs. Schumacher ranked second among the Top 50 in this year’s report.
A first-timer on the list is Louisiana Rice Mill, which burst on the scene at No. 11 with revenues of $196 million, earning the company The Newcomer of the Year Award. Based in Crowley with a second mill in Mermentau, LRM takes full advantage of access to deepwater ports in Lake Charles and New Orleans to export rice to the global market. The company also serves domestic customers with private label products. CEO Bobby Hanks will accept the award.
The Acadiana Honors Award, bestowed annually by the seven regional economic development professionals who comprise The Acadiana Economic Development Council, recognizes a company that exemplifies entrepreneurship, innovation, great corporate culture and a strong regional spirit. The award itself is an original piece of art created by renowned local artist Kelly Guidry and will be presented on behalf of the group this year by Lafayette Economic Development Authority CEO Gregg Gothreaux to The Acadian Companies and Acadian Ambulance. “From its Lafayette headquarters, Acadian Companies touches every community in Acadiana and is a major economic driver with $358 million in revenues in 2010,” says Gothreaux. “It is the embodiment of Louisiana’s nurturing Cajun and Creole culture. The company’s leadership and employees are committed to the community — providing medical support at local events, education opportunities and exemplary volunteerism.”
Acadian’s chairman and CEO, Richard Zuschlag will accept the honor.
Keynote speaker will be Peter Ricchiuti, assistant dean of the Freeman School of Business at Tulane University. A former investment banker in the Boston office of Kidder Peabody & Co., Ricchiuti served for five years as the assistant state treasurer and chief investment officer for the State of Louisiana before joining the Tulane faculty. His highly-acclaimed Burkenroad Reports follows undervalued and overlooked stocks in six southern states. He and his program have been featured in The Wall Street Journal, The New York Times, BARRON’s, CNBC, CNN, NPR and others. A popular speaker, Ricchiuti was also selected by the NFL to coach members of the New Orleans Saints on managing their investments.
Breakfast favorites served on a bubbly crust pair with a crisp salad
State Rep. Lenar Whitney — one of a handful of Republican candidates vying for Louisiana’s 6th Congressional district — has been described by Cook Political Report analyst David Wasserman as one of the most “frightening or fact-averse candidate[s]” he’s ever met following her reaction to an interview last week.
West coast casual
Mid-August hearing dates have been set for dueling lawsuits over Louisiana's use of the Common Core education standards in public schools.
An investigation into the last-minute passage of a pension hike for the state police superintendent continues, despite Col. Mike Edmonson's decision not to accept the increase.
Four bedroom traditional Youngsville home or three bedroom traditional Broussard home
On Tuesday, a three judge panel (voting two to one) of the U.S. Fifth Circuit Court of Appeals struck down as unconstitutional Mississippi’s controversial law requiring that physicians who perform abortions maintain admitting privileges in a nearby hospital.
Safety Jairus Byrd practiced with the New Orleans Saints on Tuesday for the first time since his signing in March.
Sentencing has been delayed for a businessman who provided key testimony in the corruption case that resulted in the conviction of former New Orleans Mayor Ray Nagin.
The spectre of priest sex abuse has returned to haunt the Roman Catholic Diocese of Lafayette following the recent release of an investigative report by Minnesota Public Radio, revealing new allegations of another child predator hiding behind the clerical collar.
Acadiana's nightlife guide.
Wednesday's Blogs from the Bog!
A ballpark snack topped with BBQ meat can be found cruising town on a food truck
Times Square impersonator crackdown; Israel shells Gaza school; Russia hit with sanctions and more national and international news for Wednesday, July 30, 2014.
"Although the administration is moving forward with climate change regulations at home, we don't consider how policy decisions in the United States impact greenhouse gas emissions in other parts of the world," says Roger Martella, the former general counsel at the Environmental Protection Agency under President George W. Bush.
Louisiana agriculture officials say prices for long-grain rice are projected to drop this year.
First-time claims for unemployment insurance in Louisiana for the week ending July 19 decreased from the previous week's total.
A judge is getting ready to set a new trial date for a former BP executive charged with obstructing a congressional investigation into the 2010 Gulf of Mexico oil spill.
The sponsor of a Louisiana law that requires doctors that perform abortions to have hospital admitting privileges doesn't believe the provision is in jeopardy after a federal appeals court struck down a similar Mississippi law.
Louisiana's state school board has jumped into a lawsuit against Gov. Bobby Jindal that accuses the governor of illegally meddling in education policy through his efforts to block Common Core education standards.
Here's how one nationally recognized conservative political pundit reacted upon hearing the news Monday that the U.S. Chamber of Commerce was leaning toward an endorsement of Louisiana’s lone Democrat senator.
If President Barack Obama’s poll numbers, and those for his health care law, haven’t yet bottomed out in the Bayou State, then Democrats surely don’t want to know what the statistical floor actually looks like.
Midsouth Bank has released its second quarter earnings report, showing a year-over-year increase for shareholders.
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Two bedroom New Iberia ranch style house or two bedroom Lafayette condo
The deadline to purchase tickets for the 2014 ABiz Top 50 Business Luncheon featuring top-selling author, political activist and Harvard law professor Lawrence Lessig is only two weeks away.
With the qualifying deadline for Lafayette Parish School Board elections quickly approaching, a series of candidate forums have been announced by the Lafayette Parish Public Education Stakeholders Council.
Acadiana's nightlife guide.
The investigation and potential prosecution of the man charged in the recent hit-and-run death of a Youngsville cyclist won’t happen overnight, according to local law enforcement officials.
Louisiana's state school board is holding a special meeting to consider whether to sue Gov. Bobby Jindal in an ongoing dispute over the Common Core education standards.