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Daily Archives: December 13, 2012

Drax plans early 2013 start on wood pellet plant in Gloster

  Drax Biomass International Inc. plans to build a 450,000 metric ton per year wood pellet production facility in Gloster, in southwest Mississippi’s Amite County. The facility, to be known as Amite BioEnergy, represents a substantial multi-million dollar investment by the company and will create 45 direct jobs, as well as additional indirect jobs during construction and in the transportation ...

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Big Banks Flunk Office of Comptroller of Currency Risk Tests

Te Office of the Comptroller of the Currency recently graded the 19 largest national banks on five factors designed to gauge how well they are being run.   The results are startling, BankInvestmentConsultant.com reports.   Not a single bank met the OCC’s requirements for internal auditing, risk management or succession planning. Only two of the 19 banks met the regulator’s ...

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Bill Crawford: Gov. Bryant suggests a frugal budget for state

Gov. Phil Bryant has recommended a frugal, balanced budget to the Legislature, saying, “We must take a balanced approach and spend only the money we have.” Highlights of his recommendation include: >> $24 million in new spending to improve education outcomes; >> $8.5 million in new spending to expand and upgrade the Mississippi Highway Patrol; >> Tax reform to benefit ...

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Award for worst national news flub of year goes to…

Remember the morning of the “Individual Mandate” fiasco back in July? News producers at CNN and Fox News certainly do. Now it’s time for them to wince anew. The Poynter Institute, a journalism think tank and training center, has given the two news networks “error of the year” distinction for reports that the U.S. Supreme Court had struck down the ...

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Ladners to be sentenced for Katrina-related kickbacks

BAY ST. LOUIS — A former Hancock County road department manager and his wife and brothers are scheduled for sentencing today in the Hurricane Katrina kickback case. Prosecutors say Roger Ladner was given the authority to award millions of dollars in ditch-cleaning contracts after Katrina. Some allegedly went to his relatives with a portion of the money funneled back to ...

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Hosemann touts voter ID study, releases proposed rules

JACKSON — More than 98 percent of Mississippi voters who cast ballots in the general election have one form of acceptable photo identification included in Mississippi’s constitutional voter ID law, according to a survey conducted by Edison Research. Secretary of State Delbert Hosemann announced the findings of what what he believes to be the largest survey of Mississippi voters ever ...

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Company wants tax breaks to redevelop LeTourneau site

VICKSBURG — A company that proposes to redevelop the former LeTourneau Technologies site says it needs a tax exemption on up to $41 million in equipment and buildings. A representative for Cameron International Corp., the Houston-based oil services company that bought the LeTourneau yard in 2011, told Warren County supervisors Monday the company plans to create about 167 jobs over ...

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Ex-school principal asks for delay in embezzlement trial

HERNANDO — Former Olive Branch Middle School principal Mike McCoy, who was indicted on conspiracy and embezzlement charges, has requested that his Jan. 14 trial be postponed because his attorney has a scheduling conflict. The Commercial Appeal reports McCoy’s attorney, Kevin Horan, filed the motion for a continuance Dec 6. In the motion, Horan, who is a first-term democratic state ...

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Lawmakers cramming on education before next session

JACKSON — Mississippi lawmakers are doing homework before the 2013 session. The House and Senate education committees met together yesterday at the Capitol to discuss elementary-school reading skills, teacher evaluations and charter schools. House Education Chairman John Moore, R-Brandon, said no bills have been filed, but the meeting provided a glimpse of what lawmakers might discuss once the three-month session ...

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