Sen. Landrieu helps dedicate Magnolia Companies business center
Several local officials gathered around Magnolia Companies president Gary Smith Sr., Sen. Mary Landrieu and Magnolia Companies CEO Glen Smith at a ribbon cutting ceremony dedicating the Magnolia Companies business center to founder Henry Smith.
Smith founded the St. Rose company in the 1950s and over six decades built it into a conglomerate of 23 companies that span numerous areas including manufacturing, construction and marine-based operations, such as dredging.
In addition to his business activities, Smith was also involved in local politics and served on the New Orleans Aviation Board until his death in 2011.
The 17,000-square-foot business center was under construction when Smith died. It will serve as the headquarters for the Magnolia Companies.
Smith’s son, Glen Smith, CEO of Magnolia Companies, opened the building dedication ceremony.
“We dedicate this building to a man who was our inspiration,” he said. “He really never worked a day in his life because he thoroughly enjoyed what he did.”
Sen. Mary Landrieu recalled fond memories of her dealings with Smith.
“It’s really all family here because that is how Mr. Henry was and that is how I knew him. I literally called him Mr. Henry until the day I said goodbye to him and everyone knew him that way because he was so much a father figure to so many people,” she said. “He really raised everybody up.”
The business center is located at 10557 Airline Drive in St. Rose immediately next door to G. Smith Motorsports.
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