Bollinger submits proposal for Coast Guard program, Red River Bank plans NO expansion | Economic news
The Geological Society of New Orleans will hear from the state geologist
The Geological Society of New Orleans will hold its monthly meeting at 11:30 a.m. Monday at The Cannery, 3803 Toulouse Street.
Clare Falcon, Louisiana State Geologist and Director of the Louisiana Geological Survey, will be the guest speaker. She will discuss the history and current state of the agency.
To register for the meeting, go to nogs.org/events.
Red River Bank plans branches in New Orleans, Metairie
Red River Bank has secured two properties in the New Orleans metro area to continue its expansion in the market.
The Alexandria-based bank signed a lease for a former Hancock Whitney branch at 700 Baronne St. This will be Red River Bank’s first full-service branch in New Orleans.
Red River also purchased land at 1914 Veterans Memorial Blvd. and 1918 Veterans Memorial Blvd. at the Metairie. A full-service branch will be built on site.
The bank opened a loan and deposit office on rue Poydras in December.
The Business Growth Association will hold a meeting on Tuesday
The Association for Corporate Growth Louisiana will hold its monthly meeting at 11:30 a.m. Tuesday at August Restaurant, 301 Tchoupitoulas St., New Orleans.
Marjorie McKeithen, partner of Jones Walker, will be the guest speaker. She will discuss the state’s leadership role in the carbon capture and sequestration industry.
Admission is free for CAE members and $65 for non-members. To register, go to acg.org.
Bollinger submits proposal to build 11 Coast Guard vessels
Bollinger Shipyards has submitted its final proposal to the Coast Guard to build Stage 2 of the Heritage Class Offshore Patrol Vessel program.
If selected, Bollinger would build and deliver a total of 11 vessels to the Coast Guard over the next decade, helping to sustain Bollinger’s workforce through 2031. Construction would take place at the facilities from Bollinger to Houma. A study by LSU’s Economics and Policy Research Group found that the project would create more than 2,700 direct and indirect jobs and generate $7.3 billion in economic output for the state if Bollinger were chosen to build for the cutting program.
Bollinger was a finalist to build the first leg of the cup program.
The Coast Guard’s goal is to select a shipyard to construct the cutter ships by the end of June.
Danos Teams Reach Important Safety Milestone
Danos’ line of scaffolding services has worked over one million hours of work without a recordable incident as rated by the Occupational Safety and Health Administration.
The safety record began in 2014 when the company first established scaffolding as a service offering.
The scaffold team performs work on land and Gulf of Mexico projects. As of March 1, the crew had worked 2,981 days without a recordable incident, or a total of 1.1 million man-hours.
In addition to the scaffolding team’s record, several other Danos service lines have reached the million man-hour mark.
With nearly 13 years of incident-free operations, the Danos manufacturing team has worked more than 1.7 million man hours without a recordable incident.
Known collectively as Energy Systems, Danos’ Automation, Instrumentation & Electrical, Mechanical Maintenance, Power Generation, and Valves & Wellhead service lines have worked more than 1.3 million hours of work without a recordable incident.
Boulevard American Bistro opened in Covington
Creole Cuisine Restaurant Concepts has opened its third Boulevard American Bistro in Covington.
The restaurant at 70340 La. 21 is open from 11 a.m. to 9:30 p.m. from Sunday to Thursday and from 11 a.m. to 10 p.m. on Friday and Saturday.
The Boulevard American sells dishes such as steaks, cedar-planked Scottish salmon, fire-roasted chicken, French sandwiches, seared tuna salad and Boulevard oysters.
Other Boulevard American locations are in Metairie and Elmwood.
Godwyn Realty joins the ERA Real Estate team
Godwyn Realty of New Orleans is now affiliated with ERA Real Estate.
Godwyn was founded in 2019 by Marco Ramos and Brittany Picolo-Ramos. Picolo-Ramos is the star of the HGTV reality series “Selling the Big Easy.”
The company is now known as Godwyn Realty ERA Powered. Godwyn serves a range of real estate clients, including first-time home buyers, luxury clients interested in historic French Quarter or lakefront properties, and off-market buyers and investors.
Hays Breard joins Cetera Advisor Networks
Hays Breard Financial Group of Baton Rouge with $327 million in assets has joined Summit Financial Networks, a region of Cetera Advisor Networks.
Hays Breard is run by Michael Breard and Ray Hays. The company has $327 million in assets.
Hays Breard provides a comprehensive wealth management service with the aim of helping families retire and stay retired.