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Daily Archives: July 27, 2012

City officials sign sale option for new biofuels facility

ABERDEEN — Aberdeen officials have signed a sale option with SPW and Associates of Birmingham, Ala., in hopes of bringing in a biofuel plant. Monroe County Chamber of Commerce executive director Tony Green said the company plans to produce diesel and jet fuel at the Aberdeen site. He said SPW has put down earnest money, and if the purchase price ...

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Mississippi/Louisiana tourism summit to showcase creative economy

NATCHEZ — Officials say the Miss-Lou Regional Tourism Summit next month will showcase cultural arts as magnets for attractive visitors. The sixth-annual summit, focusing on tourism in Louisiana and Mississippi, will be held in Natchez Aug. 7-9. Topics will include the film industry, entrepreneurship, culinary arts and marketing and public relations. Rachael Carter, project manager for the Stennis Institute of ...

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Hancock Holding sees post-merger earnings soar

GOLFPORT — Hancock Holding Co. says profit in 2012’s second quarter more than doubled from the first quarter, as merger expenses dropped sharply. The regional bank posted profit of $39.3 million, or 46 cents per share. That’s up from $18.5 million, or 21 cents per share in 2012’s first quarter. Hancock took over Whitney National Bank in June 2011, and ...

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MGCCC offering assistance to return-to-college propsects

PERKINSTON — Mississippi Gulf Coast Community College is offering financial assistance for associate degree completion through the Mississippi Adult Degree Completion Program. A maximum of $2,000 is available for individuals who would like to complete their associate degree and have not been enrolled in college for at least one semester, have 0-15 credit hours left to graduate and are not ...

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County hoping new website helps spur economic development

OKTIBBEHA COUNTY — A new Oktibbeha County website developed by a Mississippi State University research center will better connect citizens with their county government, and also serve as a “business card” for local economic development efforts. The university center’s director said the project “is the beginning of a new way for Oktibbeha County to work. “It connects citizens with their ...

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At age 17, ‘the flagpole kid’ is already a business success story

At the age of 17, Emily Waldon is already a business veteran earning about $100,000 over the past 11 years selling flagpoles, a business she began at age six after wanting to do something patriotic after 9/11. “It has truly been great,” Waldon said, whose business is called Flagpole Express. “I’ve had so many9/11 opportunities that normal 17-year-olds could never ...

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(VIDEO) William Winter wants to save old Hinds County Armory

Once a popular meeting space for the community, the Hinds County Armory has sat in ruins at the Mississippi Fairgrounds since the Easter Flood of 1979. Despite its dilapidation it has peaked the interest of former Gov. William Winter and Mississippi agriculture commissioner Cindy Hyde-Smith. Now a grant from the Mississippi Department of Archives & History could spark a renaissance ...

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McComb embraces public-private partnerships for development

Leaders in the City of McComb took a significant step forward with the goal of growing their economy and tax base by taking swift action ratifying the Tax Increment Financing Redevelopment Plan (TIF) as a tool for development and redevelopment in their city. Mayor Whitney Rawlings and the Board of Selectmen voted this week to approve the use of TIF ...

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ABA chief says Weill ‘misguided’ in wanting big banks broken up

Who would have expected this reaction? The head of the American Bankers Association is disappointed and dismayed by the about-face Citigroup chairman emeritus Sandy Weill has done on breaking up the nation’s big banks. Push the pause button on such thinking, Frank Keating, ABA president & CEO, urges. Weill, often described as godfather to the too-big-to-fail movement, announced on CNBC ...

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New four-lane Highway 9 to open for traffic next week

UNION COUNTY and CALHOUN COUNTY — The new Mississippi Highway 9 from Sherman to U.S. Highway 278 near Pontotoc will open for traffic Monday. Officials tell the Northeast Mississippi Daily Journal the new 12-mile highway will provide a much-sought four-lane link from the entrance to Magnolia Way, the frontage road leading to the Toyota assembly plant at Blue Springs. Northern ...

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