Business briefs for July 1, 2008
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Shaw executive headed to Europe
Ronald Oakley, who has headed a key operating unit of The Shaw Group Inc. since 2006, is bound for a new executive job heading the company’s operations in Europe — an emerging market for the company’s Power Group.
Meanwhile, Shaw named George Bevan to replace Oakley as president of Shaw’s Environmental & Infrastructure Group, which is on pace to do about $1.5 billion in business this fiscal year. Bevan, a former president of Shaw Global Energy Services, has been with the company 14 years.
Oakley will be based in the United Kingdom. Shaw’s European revenue ranks fourth after the U.S., Middle East and Asian markets.
Office Depot plans Bluebonnet store
Office Depot will open its sixth Baton Rouge-area store in Bluebonnet Village, the shopping center anchored by Matherne’s Supermarket at Bluebonnet Boulevard and Perkins Road.
Store officials confirmed the lease of a 15,000-square foot space that’s the second-largest in the 101,000-square-foot shopping center after Matherne’s. A scheduled opening date wasn’t immediately available.
The Georgia office of Equity One Inc., a real estate investment trust, negotiated the lease and had asked for $15 a square foot, or $225,000 a year.
The space was last occupied by an Ace Hardware store that closed in March 2007.
Within an hour’s drive of Baton Rouge, Office Depot also has stores in Denham Springs, Zachary, Gonzales, Hammond and LaPlace. With $15.5 billion in annual sales, Office Depot is the second-largest office supplies store in the nation behind Staples.
Ronald Oakley, who has headed a key operating unit of The Shaw Group Inc. since 2006, is bound for a new executive job heading the company’s operations in Europe — an emerging market for the company’s Power Group.
Meanwhile, Shaw named George Bevan to replace Oakley as president of Shaw’s Environmental & Infrastructure Group, which is on pace to do about $1.5 billion in business this fiscal year. Bevan, a former president of Shaw Global Energy Services, has been with the company 14 years.
Oakley will be based in the United Kingdom. Shaw’s European revenue ranks fourth after the U.S., Middle East and Asian markets.
Office Depot plans Bluebonnet store
Office Depot will open its sixth Baton Rouge-area store in Bluebonnet Village, the shopping center anchored by Matherne’s Supermarket at Bluebonnet Boulevard and Perkins Road.
Store officials confirmed the lease of a 15,000-square foot space that’s the second-largest in the 101,000-square-foot shopping center after Matherne’s. A scheduled opening date wasn’t immediately available.
The Georgia office of Equity One Inc., a real estate investment trust, negotiated the lease and had asked for $15 a square foot, or $225,000 a year.
The space was last occupied by an Ace Hardware store that closed in March 2007.
Within an hour’s drive of Baton Rouge, Office Depot also has stores in Denham Springs, Zachary, Gonzales, Hammond and LaPlace. With $15.5 billion in annual sales, Office Depot is the second-largest office supplies store in the nation behind Staples.
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