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.
Hopefully he’ll be better prepared today than he was in that Feb. 20 deposition.
They came by the hundreds, arriving from all regions of the state to gather on the steps of our capital in protest of the Legislature’s long tradition of giving industry the go-ahead to abuse our air, our water and our coastline, all in the name of good economics.
Gov. Bobby Jindal’s recent rhetoric against President Barack Obama has failed to boost his standing among the conservative base.
Louisiana's annual legislative session begins.
The state has hired marksmen to shoot feral hogs from helicopters at two wildlife management areas in south Louisiana.
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The former star of Saturday Night Live throws in his 2 cents on the Big Oil lawsuit.
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The Louisiana Workforce Commission said Friday that initial claims rose to 2,125 from the previous week's total of 1,964. There were 2,887 initial claims during the comparable week in 2013.
The Board of Elementary and Secondary Education has stalled action on a $3.5 billion annual school funding formula due to state lawmakers by March 15.
The New Orleans Saints have yet to make it official as of this writing, but popular wide receiver Lance Moore has reportedly been cut by the team to free up salary-cap space on the roster.
While two medical marijuana bills are slated for the upcoming legislative session, what some Louisianans might not know is that the plant was approved for therapeutic use by state lawmakers in 1991.
The agenda is shaping up to be lighter than in previous years. But Jindal is term-limited, with fewer than two years remaining in office, and he saw his last big initiative — a proposed rewrite of Louisiana tax law — collapse without getting a vote in 2013.
Sharper has been held without bail because of an arrest warrant issued by Louisiana authorities accusing him and another man of raping two women.
Two Lafayette men have been revealed by police as the infamous duo behind a caper that shook our fair city to its core.
She’s the daughter of the legendary Johnny Cash, but she’s been a gifted artist in her own right for three decades, and she’s coming to Lafayette.
The Lafayette Parish School Board has received a second letter of demand related to last year’s insurance debacle, this time from Key Benefit Administrators claiming it’s owed $93,000 from the school system.
Acadiana's nightlife guide.
The Louisiana coastline is vanishing faster than mappers can keep track.
A bill that would have overridden local ordinances prohibiting public and private employers from discriminating against lesbian, gay and transgender people has been pulled within less than a week of being filed.
The panel that selects nominees for a controversial New Orleans area flood control board — a board that is suing more than 90 oil, gas and pipeline companies — is set to discuss legislation affecting its independence.
State prison officials cannot keep secret the seller and manufacturer of the two drugs purchased for executions at the Louisiana State Penitentiary, a federal judge ruled Wednesday.
State lawmakers will not appeal a judge's ruling that it was improper to use $3.7 million from a probation and parole officers' retirement fund to balance the state's operating budget.
Prepare yourselves for sun
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