Business & Economy
KLFY1d ago

Louisiana auto insurance rates fall as State Farm returns millions to drivers

Louisiana auto insurance rates have declined as multiple insurance companies, including State Farm, reduce premiums and return money to drivers. State Farm returned over $136 million to qualifying customers through dividends as claim costs have fallen across the state.

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Business & Economy
The Current2d ago

Cameron Parish fishers sue Venture Global

Commercial fishers, fishing guides, and seafood processors in southwest Louisiana are suing Venture Global, claiming the company's dredging operations for a new liquefied natural gas terminal caused a sediment spill that killed millions of oysters and reduced catches of finfish, crabs, and shrimp.

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Business & Economy
KATC2d ago

Proposed data center north of Moss Bluff still in exploration stage, company says

A data center has been proposed for a location north of Moss Bluff in Acadia Parish, Louisiana, with a state congressman confirming the project. The company behind the proposal says the project remains in the exploration stage as it evaluates feasibility.

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Business & Economy Video
KLFY2d ago

Trader Joe's is set to open its first Lafayette location

Trader Joe's, the popular grocery chain, is opening its first Lafayette location on Thursday, September 17. This marks a significant retail expansion for the Acadiana area, bringing the specialty grocer's unique product selection and competitive pricing to local shoppers.

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Business & Economy
KLFY2d ago

Louisiana Shrimpers seek federal help amidst economic crises

Louisiana shrimpers are facing severe economic pressure from low dockside prices, rising operating costs, and competition from imported shrimp. The Louisiana Shrimp Association is seeking federal assistance to help the industry recover from these mounting challenges that threaten the livelihoods of fishermen across the state.

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Business & Economy
KLFY3d ago

Lafayette-area CRNA named president of national anesthesia association

Tracy Young, a Lafayette-area certified registered nurse anesthetist, has been named president of the American Association of Nurse Anesthesiology (AANA) for its 2027 member year. With over 25 years of experience as a CRNA, Young will lead the national organization representing more than 70,000 nurse anesthesia professionals.

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Business & Economy
KLFY7d ago

Coastal Machine expands in Carencro with $25.5 million investment

Coastal Machine and Supply is investing $25.5 million to expand its operations in Carencro, Louisiana. This expansion comes as the company prepares for a new space launch site planned in neighboring Vermilion Parish, signaling significant growth for the regional industrial sector.

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Business & Economy
The Current8d ago

Will SpaceX save Louisiana’s coast?

SpaceX plans to build a $100 billion rocket launch complex on Louisiana's coast, which could bring investment in marsh restoration and shoreline protection. However, according to state officials, the extent and cost of these environmental restoration efforts remain unclear.

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Business & Economy
KLFY8d ago

Vermilion Parish Tourism Commission comments on SpaceX development

The Vermilion Parish Tourism Commission is responding to SpaceX's development plans for a new spaceport in the parish, noting potential economic benefits and tourism opportunities while emphasizing the importance of preserving the region's unique culture and traditions.

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Business & Economy
KLFY8d ago

Carencro manufacturer announces expansion in anticipation of SpaceX

Carencro-based Coastal Machine & Supply Inc. is investing $25.5 million to expand its Lafayette Parish manufacturing operations. The expansion is being made in anticipation of SpaceX's planned activities in the region.

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Business & Economy
KLFY9d ago

Ochsner Lafayette General Medical Center names new CEO

Ochsner Lafayette General Medical Center has announced Dr. Amanda Logue as its new chief executive officer, effective September 6. The appointment represents leadership changes at the major healthcare provider serving the Lafayette area.

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Business & Economy
KLFY9d ago

Ville Platte officials fight to save Mercy Regional Medical Center

Ville Platte city officials are working to preserve Mercy Regional Medical Center, a critical healthcare provider for the community, amid financial concerns. Hospital representatives have denied that any closure is imminent, but local leaders are pushing to ensure the facility's survival to maintain healthcare access for area residents.

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Business & Economy
KLFY9d ago

Ville Platte officials fight to save Mercy Regional Medical Center

Ville Platte city officials are working to preserve Mercy Regional Medical Center, which serves as a critical healthcare provider for the area, amid concerns about the facility's financial stability. Hospital representatives have denied that any closure is imminent, but local officials continue efforts to ensure the medical center's survival.

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Business & Economy
The Current10d ago

Who pays for SpaceX? Louisiana’s $27B tax deal

Louisiana has granted SpaceX historic tax breaks worth $27 billion as part of a $100 billion launch site development deal. Documents reveal the financial arrangements and what benefits Vermilion Parish will receive in exchange for the significant tax incentives local taxpayers are providing.

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Business & Economy
KLFY10d ago

Louisiana tax-free weekend arrives amid major changes to suppressor sales

Louisiana's Second Amendment Sales Tax Holiday returns this weekend, offering state and local sales tax breaks on firearms, ammunition, and hunting supplies. Gun dealers are also managing significant changes to suppressor sales regulations during this annual tax-free shopping period.

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Business & Economy
KLFY11d ago

LUS gets federal grant to strengthen electric power grid

Lafayette Utilities System (LUS) has received a $3.98 million federal grant to strengthen and modernize its electric power grid. The funding will be used to enhance grid resiliency and improve the reliability of the LUS electric system serving the Lafayette area.

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Business & Economy
KLFY11d ago

Lafayette Travel named Travel South USA Global Champion Destination

Lafayette Travel has been named a 2026-2027 Travel South USA Global Champion Destination, recognizing its commitment to international tourism through active participation in Travel South USA programs and marketing initiatives. The designation honors destinations that demonstrate strong engagement in cooperative marketing and strategic investments in tourism development.

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Business & Economy
KLFY11d ago

New state law adds protection to aerospace companies

Louisiana has enacted House Bill 1098, a new law that provides aerospace companies with enhanced legal protections by limiting nuisance, trespass, and noise claims against aerospace operators. This is one of four bills designed to attract aerospace operations like SpaceX to Louisiana and support the state's growing aerospace industry.

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Business & Economy
KLFY12d ago

Dr. Freddie Fandal set to become Opelousas General Chief of Staff

Dr. Freddie Fandal, a family practice physician, has been elected by his peers to serve as chief of staff at Opelousas General Health System beginning in September 2026. The two-year appointment recognizes his leadership within the local healthcare community.

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Business & Economy
KLFY15d ago

Louisiana sales tax holiday for hunters coming in September. Which items are eligible?

Louisiana is offering a Second Amendment Weekend Sales Tax Holiday in September that allows hunters to purchase hunting gear and equipment tax-free. This annual event helps hunters prepare for upcoming hunting seasons by making eligible items more affordable.

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Business & Economy
KLFY16d ago

Bayou Teche Brewing plans to rebuild after fire damages business

Bayou Teche Brewing in Arnaudville was heavily damaged by a fire that broke out late Monday night while the brewery was closed. The Knott family is focused on rebuilding and finding ways to preserve the brewery's traditions and operations.

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Business & Economy
KLFY17d ago

New companies eye Port of Iberia near SpaceX project

The Port of Iberia is attracting increased interest from national companies looking to relocate to the area to support SpaceX's construction project in Vermilion Parish. The surge in corporate interest reflects growing economic activity tied to the aerospace venture in the region.

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Business & Economy
KLFY17d ago

Lafayette leaders prepare for SpaceX-driven economic shifts

Lafayette Mayor-President Monique Blanco-Boulet says the nearby SpaceX project will accelerate regional growth and drive economic shifts across local business, housing, and infrastructure sectors. The project is expected to bring significant changes to the Acadiana region's economy.

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Business & Economy
KLFY17d ago

New SpaceX project could drive Acadiana real estate growth

A major SpaceX project coming to Vermillion Parish is expected to significantly boost housing demand and drive real estate growth throughout the Acadiana region. The project is anticipated to have substantial economic impacts on the local property market.

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