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Why this petroleum company is moving its headquarters from Texas to downtown Baton Rouge

Por: The Advocate Business March 23, 2023

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In a sign of confidence in downtown Baton Rouge and Louisiana’s petroleum sector, Dallas-based Placid Refining Company announced Thursday it will move its headquarters to Fourth Street as part of a $66 million project that will include upgrades to its Port Allen refinery.The company expects the relocation and modernization project to create 20 new jobs and 88 indirect jobs, and it will also retain all 215 employees at the Port Allen... + full article



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