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Monday, May 07, 2007


What does it feel like to be a $280 milliionaire?

It is a question I posed to affable James Davison Friday at the Biomedical Engineering Building Dedication Program at Louisiana Tech.

This laid-back felllow laughed.

"I don’t feel any different. I am just part of a team," said Davison.

In case you hadn’t read about it, The Genesis Energy of Houston recently bought Davison Transport companies of Ruston for $560 million. The Davison family will receive $280 million in cash and about 13.5 million shares of stock, giving the family a 50 percent ownership in the company. (Davison isn’a regular truck driver, but he said, "I did drive a truck in college.")

But on Friday, James Davison was just part of the VIP crowd on the dais with Tech President Dan Reneau dedicating this building, long a dream of Reneau.

Winfred Sibille of Sunset, member of the Board of Supervisors, has a real vested interest in the building and the program for he has two granddaughters who are biomedical engineering program students and National Merit Scholars.

They are Rebecca Currier of Baton Rouge, and Michelle Sibille of Lafayette.


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