Newton Dorsett
Founder at Loutex Production Co.
Net worth: 17 M $ as of 2024-03-30
Profile
Newton W.
Dorsett is the founder of Loutex Production Co. since 1990.
He is also the founder of Marshall Properties, Inc., Trinity Services LLC.
Mr. Dorsett's former jobs include Vice Chairman & President-Elect at Louisiana Public Broadcasting, Director at Biomedical Research Foundation of Northwest Louisiana, Director at CHRISTUS Foundation Shreveport-Bossier, Director at Downtown Development Authority, and Director at Shreveport Bossier Rescue Mission.
Mr. Dorsett received his undergraduate degree from Southern Methodist University in 1978.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
CORRELATE ENERGY CORP
30.52% | 2023-09-25 | 11,048,673 ( 30.52% ) | 16 M $ | 2024-03-30 |
SMG INDUSTRIES, INC.
5.98% | 2023-07-06 | 16,025,140 ( 5.98% ) | 1 M $ | 2024-03-30 |
Newton Dorsett active positions
| Companies | Position | Start |
|---|---|---|
| Loutex Production Co. | Founder | 1990-08-31 |
Former positions of Newton Dorsett
| Companies | Position | End |
|---|---|---|
| SMG INDUSTRIES INC. | Director/Board Member | 2023-08-29 |
| Shreveport Bossier Rescue Mission | Director/Board Member | - |
Biomedical Research Foundation of Northwest Louisiana
 Biomedical Research Foundation of Northwest Louisiana BiotechnologyHealth Technology The Biomedical Research Foundation of Northwest Louisiana provides biomedical research services. The firm supports the InterTech Science Park for life science and related technologies, Positron Emission Tomography (PET) Imaging Center and Southern Isotopes, Education and Workforce Development programs and Louisiana State University Health Sciences Center in Shreveport. The company was founded in 1986 and is headquartered in Shreveport, LA. | Director/Board Member | - |
| Downtown Development Authority | Director/Board Member | - |
| Louisiana Public Broadcasting | President | - |
Training of Newton Dorsett
| Southern Methodist University | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| SMG INDUSTRIES INC. | Non-Energy Minerals |
| Private companies | 8 |
|---|---|
Marshall Properties, Inc.
 Marshall Properties, Inc. Hospital/Nursing ManagementHealth Services Part of Extendicare Health Services, Inc., Marshall Properties, Inc. is a private company based in Milwaukee, WI. Marshall Properties, Inc. was founded by Newton W. Dorsett. | Health Services |
Biomedical Research Foundation of Northwest Louisiana
Biomedical Research Foundation of Northwest Louisiana BiotechnologyHealth Technology The Biomedical Research Foundation of Northwest Louisiana provides biomedical research services. The firm supports the InterTech Science Park for life science and related technologies, Positron Emission Tomography (PET) Imaging Center and Southern Isotopes, Education and Workforce Development programs and Louisiana State University Health Sciences Center in Shreveport. The company was founded in 1986 and is headquartered in Shreveport, LA. | Health Technology |
Trinity Services LLC
 Trinity Services LLC Finance/Rental/LeasingFinance Trinity Services LLC supplies oil and gas operators. The company is headquartered in Shreveport, LA. | Finance |
| Loutex Production Co. | |
CHRISTUS Foundation Shreveport-Bossier
 CHRISTUS Foundation Shreveport-Bossier Investment Trusts/Mutual FundsMiscellaneous CHRISTUS Foundation Shreveport-Bossier operates as a grant making foundation for providing childcare services. It provides charitable, scientific and educational services. The company secures and manages charitable contributions from individuals, foundations, and businesses, made in support of all the local CHRISTUS programs and services. Its programs include: Cancer Treatment Center, cardiology, chapel expansion fund, and children’s miracle network hospitals. The company is headquartered in Shreveport, LA. | Miscellaneous |
| Louisiana Public Broadcasting | |
| Downtown Development Authority | |
| Shreveport Bossier Rescue Mission |
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