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State plans to foreclose on facility

March 16, 2012 9:19 AM

BATON ROUGE, La. (AP) - State Agriculture and Forestry Commissioner Mike Strain says he plans to foreclose on a company buying a state-backed cane syrup mill near Lake Charles. The Advocate reports Lake Charles LLC is late on a $2.9 million mortgage payment to the state and defaulted Thursday on... more »

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