Last year Lafayette Parish retail sales got off to a sluggish start, trailing 2009 by 14 percent during the first two months and still off almost 11 percent by March. Sales soon after began to close the gap, however, and we ended 2010 up a small 0.78 percent, thanks in large part to a strong showing in December. December spending topped the $517 million mark, making it the fourth highest month on record for the parish, and total sales for the year were $4.8 billion. It was a clear sign of the parish’s resilience in the face of the drilling moratorium.
And it appears that the momentum is carrying over into 2011. For the first two months figures are already ahead 8.64 percent, with February showing a 9.5 percent increase over February a year ago. Sales in January totaled $369.8 million, and in February they grew to $382 million. — Leslie Turk
Frank’s Casing Crew, now doing business as Frank’s International, will make its final appearance on ABiz’s list of the Top 50 Privately Held Companies in Acadiana this year, and once again, it will likely be at the top with more than $1 billion in annual revenues. The 75-year-old company specializing in tubular fabrication and installation services to the oil and gas industry plans to go public this year.
The defeat, or rather highjacking of House Bill 420 in the final days of this year's Legislative Session, say Reps. Vincent Pierre and Terry Landry, is the result of the propaganda spread by one unidentified local media outlet and an unnamed former state Representative, but nothing to do with the original legislation's lack of checks, balances or details.
He’s a singer. A songwriter. A piano man. A family man. He’s even got his own Wikipedia entry. He’s David Egan. And he knows ancient secrets about the monolithic stones of Stonehenge that he’s not willing to share.