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Daily Archives: September 10, 2012

C Spire Wireless switches on 4G

C Spire Wireless has finally launched 4G (fourth-generation) broadband services for its Mississippi customers. The newly activated LTE network will offer faster data speeds that will increase app and multimedia capability. According to a release, the cities of McComb, Brookhaven, Meridian and Greenville are the first of 31 markets that are receiving 4G. Six more markets will be announced by ...

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Metso adding jobs in Clarksdale; mattress maker opening plant in Belmont

Conveyor component maker Metso is initiating a $4 million expansion that will add 30 to 50 workers to its 62-member workforce at the company’s Clarksdale plant, the Mississippi Development Authority said Monday. The announcement follows a notice Friday from the MDA that 200 jobs are expected to be created through sleep products manufacturer Comfort Revolution’s relocation of its manufacturing operation ...

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BP sells Gulf assets for $5.55B to cover cost of oil spill

GULF OF MEXICO — Oil company BP said today it is selling some deep-water assets in the Gulf Mexico to Plains Exploration & Production Co. for $5.55 billion, a big step in BP’s drive to cover the cost of its oil well blowout in the Gulf two years ago and concentrate investment elsewhere. BP is selling its interests in three ...

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MDEQ: Reports of 'oil sheen' may actually be bacteria

MISSISSIPPI GULF COAST — The Mississippi Department of Environmental Quality advises the public that possible sightings and reports of oil sheen on the Mississippi Gulf Coast after Hurricane Isaac may be naturally occurring iron bacteria, which are not harmful to people’s health or water. Iron bacteria occur naturally in waterways where they feed on minerals in the water. Some oil-like ...

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Metso expanding in Delta; adding 30-50 new jobs

CLARKSDALE — Officials from Metso have announced the company is expanding operations at its Clarksdale facility, according to the Mississippi Development Authority (MDA). The expansion is the result of the company’s decision to increase its conveyor component manufacturing operations at the Clarksdale facility. MDA reports Metso, supplier of technology and services to customers in the process industries, is investing $4 ...

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County wants loan to build levee for KiOR plant

NATCHEZ — Adams County is applying for a $3 million state loan to help pay for a levee to be built on the site of the former Belwood Country Club. The levee is part of the county’s commitment to an economic recruiting package to bring alternative fuels company KiOR to Adams County. The Belwood property fills with water during high ...

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BancorpSouth Insurance offers health care reform calculator

GULFPORT — BancorpSouth Insurance Services Inc., a subsidiary of Tupelo-based BancorpSouth Bank, has released a health care reform calculator to help clients and partners quantify the financial impact of the Patient Protection and Affordable Care Act (PPACA) on their health plans. With this new tool, BancorpSouth Insurance Services consultants will be able to provide financial modeling and project medical plan ...

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MBJ-TV for September 10

Please visit msbusiness.com/video for a look at our work from last week. We … >> went behind-the-scenes with Entergy Mississippi in the aftermath of Hurricane Isaac, >> learned about West Nile disease, >> discussed the bed & breakfast industry in Mississippi … >> and celebrated our 2012 class of “Best Places to Work.” This week we will publish … >> ...

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Economist: State shouldn't expect big boost from Isaac

JACKSON — State economist Darrin Webb says he does not expect Mississippi to see a surge in tax collections after Hurricane Isaac the way it did after Hurricane Katrina. “My thinking is that while in theory there may be some slight uptick in revenues as a result of Isaac, it will be inconsequential,” Webb told the Northeast Mississippi Daily Journal. ...

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Comfort Revolution bringing 200 new jobs

BELMONT — Officials from Comfort Revolution, developer of sleep products, is locating manufacturing operations in Belmont, according to the Mississippi Development Authority (MDA). The company will locate in the 432,650-square-foot building formerly occupied by Schnadig Furniture Corporation. The project will create 200 jobs within three years. “We looked at sites throughout the southeast for the new plant but were most ...

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