As the executives who lead the region’s top privately held and publicly traded companies gather next week for the third annual luncheon, three of their peers — Acadian Companies, Schumacher Group and Louisiana Rice Mill — will be recognized for standout performances.
The annual event is based on research that is published each year in The Independent’s sister publication ABiz. Every August the magazine compiles a list of Acadiana’s top performing companies based on gross revenues and offers a full report and analysis.
Dr. Kip Schumacher, CEO of The Schumacher Group, has been named Dealmaker of the Year, having just announced a five-year plan to add 600 new jobs with average annual salaries of over $60,000 and a $19-million expansion to its local headquarters and training center. (The Schumacher Group also ranks second among the Top 50.)
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. The Crowley-based firm markets rice to both domestic and global markets. CEO Bobby Hanks will accept the award.
The Acadiana Honors Award, bestowed annually by the regional economic development professionals who comprise the Acadiana Economic Development Council, will be presented to The Acadian Companies and its chairman and CEO Richard Zuschlag. This award recognizes a company that exemplifies entrepreneurship, innovation, great corporate culture and a strong regional spirit.
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Lafayette’s first-ever Whole Foods Market will open its doors in September.
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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.
Midsouth Bank has released its second quarter earnings report, showing a year-over-year increase for shareholders.
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1,554 rigs were exploring for oil and 315 for gas. Two were listed as miscellaneous. A year ago there were 1,770 active rigs.
Most personal auto insurance policies exclude coverage when people charge money to drive others in their personal vehicles.
Louisiana's 21 casinos took in $203.5 million statewide in June, edging up one-half of a percentage point from a year earlier.
Business First Bank has announced plans for a Baton Rouge market expansion through a merger deal with American Gateway Financial Corp.
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Acadiana's Top 50 Private Companies
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