Home » 2012 » November » 29

Daily Archives: November 29, 2012

Twin Creeks Technologies goes under, owes Mississippi $26 million

In Nov. of 2011 the Mississippi Business Journal reported Twin Creeks Technologies’ new 88,000-square-foot factory, funded with $26 million in state dollars, sat in Senatobia with very little going on. Twin Creeks spokesperson Tarpan Dixit said, at the time, the plant was not in commercial production but in “validation mode” and waiting for certification — but that was not the message ...

Read More »

All American closes on another acquisition in Louisiana

MADISON — All American Check Cashing has completed the acquisition of Community Financial Center of America, of Houma, La. Terms were not disclosed. This marks the fourth merger and acquisition for All American this year and increases the total number of retail stores in Mississippi and Louisiana to 40. Michael Gray, president of All American Check Cashing, said, “This acquisition ...

Read More »

MDA launches new tool to identify minority businesses

JACKSON — The Mississippi Development Authority (MDA) has launched the Mississippi Minority Business Registry, a resource for businesses and public entities looking for prospective suppliers or contractors that can meet their procurement needs. The new registry can be accessed online at www.mmbr.org. A component of MDA’s Diversity in Contracting initiative, which focuses on increasing minority- and women-owned business participation in ...

Read More »

Leaders hoping to meet with Corps over critically low river

MISSISSIPPI RIVER — Federal lawmakers from Mississippi River states hope their meeting with the Army Corps of Engineers addresses the waterway’s critically low levels, which threaten to bring barge traffic to a halt. Sen. Dick Durbin of Illinois will join colleagues from middle America during a meeting today in Washington with Army Assistant Secretary Jo-Ellen Darcy. At issue is the ...

Read More »

Architectural firm to conduct feasibility study for La. arena

JACKSON — A Mississippi consulting firm will conduct a study to determine the feasibility for the city of Monroe, La., to construct a new arena with the possibility of a four-star hotel near it. The News-Star reports the city council approved the $95,000 contract with Jackson-based M3A Architecture to allow the consulting firm to begin work on the feasibility study. ...

Read More »

Council's action clears way for sale of Isle Casino

BILOXI — The sale of the Isle Casino to Landry’s Golden Nugget could close at any time. The Biloxi City Council has approved reassigning leases for city land at Point Cadet to Landry’s Golden Nugget. The sale of the Isle Casino to Golden Nugget was announced in March. The casino will become the Golden Nugget Biloxi. The casino will continue ...

Read More »

Kia adding $1.6 billion investment in Georgia auto plant

By Associated Press Kia Motors sent yet another major signal Wednesday that its fast-paced growth at its mammoth auto assembly plant in West Point, Ga., is here for the long term. The company, along with several agencies in Troup County and Georgia Gov. Nathan Deal’s office, said it will be investing $1.6 billion in machinery and other equipment over the ...

Read More »

Saints egged on in Atlanta; Mississippi Fruit & Vegetable Growers wrap up Jackson trade show

  A claim by New Orleans Saints players that airport workers pelted their bus with eggs after they touched down in Atlanta for tonight’s game in the Georgia Dome brought this headline on Charlie Harper’s PeachPundit.com website: “Atlanta Airport Workers Promote GA Agribusiness To Arriving Tourists.” Why the poultry party? Perhaps it’s because the Saints own the Falcons,  often seen ...

Read More »

Casino officials to ask Commission for gaming license

NATCHEZ — Magnolia Bluffs Casino representatives will appear before the Mississippi Gaming Commission seeking approval of a gaming license for the casino. MGC executive director Allen Godfrey tells The Natchez Democrat the commission will also decide whether to approve applications for findings of suitability for stakeholders in the casino. The suitability investigations are standard procedure and involve exhaustive criminal, financial ...

Read More »