Business briefs

ExxonMobil presents check to LSU Foundation

BATON ROUGE — ExxonMobil presented a check for $886,774 to the LSU Foundation as part of the ExxonMobil Foundation’s 2012 Educational Matching Gift Program.

The gift, announced during an on-campus breakfast on April 25, represents the ExxonMobil Foundation match of 2012 employee, retiree and surviving spouse donations of $319,115 to Louisiana State University, the LSU AgCenter and the LSU Paul M. Hebert Law Center.

With the ExxonMobil Foundation match, the total commitment from ExxonMobil, its employees and retirees was $1.21 million and continues the company’s longstanding support for LSU, said Lee Griffin, president and CEO of the LSU Foundation.

The ExxonMobil Foundation Educational Matching Gift Program has provided more than $500 million to higher education since 1962. Under the program, the ExxonMobil Foundation provides three-to-one unrestricted, matching funds for donations to colleges and universities with which employees or retirees are affiliated. LSU has consistently been one of the program’s top beneficiaries in the world.

Applications for 2014 Leadership St. Mary accepted

MORGAN CITY - The St. Mary Parish Chamber of Commerce is accepting applications for the 2014 Leadership St. Mary program. The program schedule will run from January through November in 2014.

Participants will meet once a month to explore the successes and challenges of parish government, law enforcement, healthcare, education, industry, non-profit organizations, tourism and economic development. The group will travel throughout St. Mary to meet with parish leaders, view their facilities and hold discussions on current events.

In the course of the program, members will develop the skills needed to participate in the processes that form the foundation of civic leadership — coalition building, significant dialog, creative problem solving and consensus building.

Applications are available online at or, or at either of the chamber offices in Morgan City or Franklin.

For more information, call 985-384-3830 or email

MidSouth Bank is bank of Southland Conference

FRISCO, Texas — The Southland Conference and MidSouth Bank jointly announced recently that the two entities have finalized an agreement making MidSouth Bank the official bank sponsor of the conference.

MidSouth Bank has entered into a multi-year sponsorship with the NCAA Division I athletic conference that operates in the south central United States.

“We are thrilled to align our brand with a conference that we feel represents the very best in college sports — character development, classroom success and competitive excellence,” said MidSouth Bank president and CEO Rusty Cloutier.

MidSouth Bank will receive brand exposure through broadcast, print and online media coverage, as well as on-site signage for conference events and promotions.

The bank also is handling all corporate banking services for the Southland Conference. Additionally, the bank is the title sponsor and provider of content for the “Financial Tip of the Week,” a new feature on the home page of the Southland Conference Website and title sponsor of three “Top Moment in Southland Conference History” Facebook promotions.

Financial details of the deal were not disclosed.

Small business gets relief from Great Recession

NEW YORK — The National Association of Small Business Professionals recently announced that it is launching a U.S.-based marketing relief operation to help small business start-ups still struggling with the lingering impact of the Great Recession four years onward.

The relief operation will offer premier members the opportunity to take advantage of free and low cost business growth tools such as the NASBP Marketing 911 Helpline, the Marketing ER and the Free Member Downloads Center.

The launch corresponds with newly released information on the current state of economic growth. Economists previously predicted that the U.S. economy would rebound in the second quarter, with growth edging up slightly to 3.1 percent. However, in light of the disappointing report just released on durable goods sales, Wall Street analysts now believe the opposite, said Kimberly Kelly, founder and spokesperson for the organization.

The Marketing 911 Helpline is a free service provided to premier members of the NASBP. It provides small businesses with first aid to treat some of the most common, problematic conditions related to “solo-preneurship.”

SBA and AARP promote 50+ entrepreneurship

NEW ORLEANS — The U.S. Small Business Administration and AARP teamed up to host National Encore Entrepreneur Mentor Month targeted at entrepreneurs over the age of 50 Monday.

The two organizations matched “encore entrepreneurs” with successful business owners and community leaders for advice and assistance.

SBA has developed a 50+ toolkit that includes free online courses targeted at helping encore entrepreneurs start or grow their businesses. The training courses include profiles of successful entrepreneurs, recommended action steps and information on licensing and financing.

Go online to for the toolkit and other resources available for entrepreneurs over the age of 50.

Chamber lunch with McDermott and Oceaneering

MORGAN CITY — The St. Mary Chamber of Commerce’s May luncheon will provide business updates from McDermott and Oceaneering.

Sponsors for this event are Southern Guard Service and Cannata’s. Registration costs $20 for members and $25 for non-members.

The event will be held Wednesday, May 8, from 11:30 a.m. to 1 p.m. at The Petroleum Club of Morgan City, 500 Roderick St., Morgan City.

To register, contact the Chamber at 985-384-3830.

Entrepreneurship Fest scheduled in Houma in June

HOUMA — Terrebonne Economic Development Authority will host the Louisiana Entrepreneurship Fest, scheduled June 20-21 at the Houma Terrebonne Civic Center.

The chief goal of the conference is to plant the seeds of entrepreneurship in the hearts and minds of attendees so that Louisiana’s future economy will flourish. The conference will feature keynote speakers and breakout sessions led by regional business leaders and industry experts.

Registration can be completed online at The inaugural statewide conference is for high school juniors and seniors, community and technical college students, university students, entrepreneurial-minded non-students, veterans, teachers and basically anyone that is contemplating starting a business or has an idea.

Scholarships still are available by clicking the scholarship tab online. Scholarships will provide a free registration for early bird student registrants.

Contact the office at 985-873-6890 if you have questions.

Teche presents at NOLA conference

Teche Federal Bank made a presentation at the 17th Annual Burkenroad Reports Investment Conference hosted by Tulane University’s A.B. Freeman School of Business Friday in New Orleans.

Patrick Little, president and CEO of Teche Holding Company, holding company for Teche Federal Bank, said the Burkenroad Reports Investment Conference features presentations from three dozen public companies in the region.

Oil price ends April down 4 percent

NEW YORK — The price of oil fell about 1 percent Tuesday on anticipation of another increase in U.S. crude supplies.

Benchmark oil for June delivery fell $1.04 to finish at $93.46 per barrel on the New York Mercantile Exchange. Oil finished the month of April with a loss of almost 4 percent, although it did climb back from a low of $86.68 on April 17.

Investors are waiting for fresh information on U.S. stockpiles of crude and refined products.

Analysts surveyed by Platts estimate that oil supplies rose by 1.4 million barrels in the week ended Friday, while gasoline supplies dropped by 900,000 barrels.

At the pump the average price for a gallon of gas rose by 1 cent to $3.51 a gallon, according to AAA.

From The Associated Press and staff reports.

St. Mary Now & Franklin Banner-Tribune

Franklin Banner-Tribune
P.O. Box 566, Franklin, LA 70538
Phone: 337-828-3706
Fax: 337-828-2874

Morgan City Daily Review
P.O. Box 948, Morgan City, LA 70381
Phone: 985-384-8370
Fax: 985-384-4255

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