'Shaw' sign removed from iconic post near Essen/I-10
BATON ROUGE- Crews began removing signs from the former Shaw compound on Essen Lane Wednesday, after a multi-billion dollar deal to purchase the business was closed.
CB&I completed its acquisition after signing documents at the Secretary of State's Office earlier in the day. The move means the Capital City will no longer be the headquarters for a Fortune 500 company.
CB&I will operate Shaw as a separate business unit under the name CB&I Shaw. Headquarters functions at the company's Baton Rouge offices have shifted to The Woodlands, Texas, where CB&I is based.
Follow the publisher of this post on Twitter: @treyschmaltz
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Flood victims could qualify for new bathroom, kitchen
New details on Vice President Mike Pence's visit to Baton Rouge Wednesday
Cop's alleged racist messages on gay chat app under investigation
Scotlandville High honors 17-year-old cancer victim at graduation ceremony
2 escape house fire on Woodglynn Drive