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Daily Archives: March 10, 2011

Khosla: MS green energy start-ups have 90% chance of failure

By Amy McCullough Vinod Khosla, founder of Khosla Ventures, says Mississippi’s green energy start-ups have a 90 percent chance of failing. That means Stion, Soladigm and KiOR, all of which are backed by Khosla Ventures, and all of which have been allocated tens of millions of dollars by the Mississippi Legislature, are very likely to fail. At least that’s what ...

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Senators pushing for extension of offshore leases

GULF OF MEXICO — U.S. Senators Thad Cochran and Roger Wicker (R-Miss.) are co-sponsoring legislation to extend the life of leases for offshore oil and gas exploration that the lawmakers say “have been left in limbo since the Obama administration issued a moratorium on offshore energy activities last spring.” The Lease Extension and Energy Security (LEASE) Act would offer 12-month ...

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Board: New soybean research should help farmers plan

CANTON — As planting time approaches, so does decision time for soybean farmers. New research, funded in part by the Mississippi Soybean Promotion Board (MSPB) and conducted by Mississippi State University (MSU), may make farmers’ decisions easier when it comes to seed treatments. “The research looked at the complete package from location and varieties to maturity groups and planting dates,” ...

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State Senate chooses committee's redistricting plan

JACKSON — The Mississippi Senate has passed its own redistricting proposal. The plan was drawn by the chamber’s redistricting chairman, Republican Terry Burton. Senators rejected a separate map proposed by Republican Lt. Gov. Phil Bryant. The main difference between the plans was in the Hattiesburg area. The Bryant plan would’ve kept three Republican-friendly districts in the area. While the Burton plan ...

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WPG Americas bringing operations to DeSoto County

SOUTHAVEN — Officials from WPG Americas, a worldwide electronics distributor, announced the company is locating distribution operations at the Airways Distribution Center in Southaven. The project represents a $1.5-million investment by the company and will create 60 jobs over the next three years. 
 “In a continuing effort to better serve our industry, WPG Americas is proud to announce the ...

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Barbour 'disappointed' in Senate's education spending plan

JACKSON — Gov. Haley Barbour is letting lawmakers know that he is not happy with the Senate’s proposed budget for K-12 spending. The Governor’s Office released the following statement: “I am disappointed the Senate ignored the difficult budget situation we face by voting to spend $81 million more on MAEP than the level funding proposed in my budget. “We will see ...

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French company buying Johnson Controls plant

MADISON COUNTY — French auto supplier Faurecia is buying Johnson Controls’ plant in Madison County that manufactures complete seating for Nissan’s assembly plant in nearby Canton. Nissan spokesman Steve Parrett tells The Clarion-Ledger that Johnson Controls notified the company that the deal would close sometime this spring. Details of the transaction have not been made public. Faurecia, the world’s sixth ...

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Washington Furniture expanding upholstery plant

PONTOTOC — Washington Furniture Sales expects to be in is new upholstery plant in 30 days. Washington Furniture bought the 370,000-square-foot plant, used by Lane to produce recliners until closing in mid-2008, in February. It has been undergoing renovations. The Lane facility was closed by parent company FBI as part of a corporate consolidation and belt-tightening. Washington Furniture’s new facility ...

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