Recent Articles

Deadlines near for SBA property damage, economic injury loans

U.S. Small Business Administration Administrator Linda McMahon announced that the SBA has approved more than $509 million in federal disaster loans for Texas businesses and residents affected by Hurricane Harvey.
According to McMahon, the SBA has approved 446 loans for $42,110,500 for businesses and 5,566 loans for $467,661,300 for residents to help rebuild and recover from this massive storm.
It’s important that those who have not yet applied for an SBA loan but desire to note two important deadlines.

Huntsman workers distribute gift cards to Groves Harvey victims from flood fund formed by Jon Huntsman Sr. to help Southeast Texans

Residents of Dave Street in Groves were surprised to see plant workers in blue Nomex walking down their street early Wednesday afternoon. No, there was no plant emergency to announce in the wake of the disaster that was Hurricane Harvey. These homeowners, who were busy gutting their homes of smelly mold and pulling out sheetrock, were overjoyed by some good news for a change.

MCM Eleganté parent company donates $1M to Red Cross for Harvey relief

Investment Corporation of America and its team members are donating $1 million to the American Red Cross to help with the relief efforts for those devastated in the Beaumont and South Texas areas by Hurricane Harvey.

The company announced the donation in a press release.

“The MCM Eleganté is committed to community presence,” said the hotel’s GM Steve McGaha. “We have been in Southeast Texas for 15 plus years, and it is important to us that everyone in Southeast Texas knows that through all of the good times and the not so good times, we are here for them.”

Steward Health acquires IASIS Healthcare

Steward Health Care System LLC has completed a previously announced agreement to merge operations with IASIS Healthcare LLC (IASIS). As the sole operator of the newly merged company, Steward will oversee 36 individual hospitals across 10 states – including the Medical Center of Southeast Texas in Port Arthur and the Victory Campus in Beaumont — making it the largest private hospital operator in the U.S., according to a release by the company.

CB&I closes Beaumont fabrication facility permanently due to damage from Harvey

Engineering, procurement and construction company CB&I sent a Worker Adjustment and Retraining Notification Act Notice (WARN) to the Texas Workforce Commission on Thursday, Sept. 21, announcing that it was permanently closing its Beaumont facility due to flood damage from Hurricane Harvey.

GTBR to hold October meeting at LIT due to flood damage

The Golden Triangle Business Roundtable (GTBR) will hold its first monthly meeting since Hurricane Harvey hit the area in late August. The meeting will be held Tuesday, Oct. 17 at the Paul & Connie Szuch Multipurpose Conference Center on the campus of Lamar Institute of Technology in Beaumont due to extensive hurricane damage incurred by the Pompano Club in Port Neches, the traditional meeting location for the GTBR monthly meetings.

As deepening project awaits federal funding, SNWW sees commerce shift from import- to export-driven, substantial industrial growth

Much has happened since the U.S. Army Corps of Engineers began assessing what it would take to deepen the Sabine-Neches Waterway, a 79 mile deep draft ship channel which extends from the 42-foot contour in the Gulf of Mexico through a jettied channel to the Port of Port Arthur, and to the Port of Beaumont via the Neches River Channel. The Corp began its feasibility study of deepening the Sabine-Neches Waterway from 40 to 48 feet more than two decades ago.

Texas legislators honored at annual Seafarers’ Center of Beaumont gala

The Seafarers’ Center of Beaumont will honor Rep. Joe Deshotel and Sen. Brandon Creighton with the Tom Jackson Sabine Neches Waterway Outstanding Service Award at its annual gala Tuesday, Oct. 24, at the MCM Eleganté Hotel.

The award was created to honor individuals who realize the importance of the Southeast Texas waterway system and have acted to improve and develop the waterway’s potential with sustained and measurable results.

Pages