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Daily Archives: June 11, 2014

DeSoto jury convicts former Southaven mayor on defrauding, embezzlement counts

SOUTHAVEN, Mississippi – Former Southaven Mayor Greg Davis faces a lengthy prison term when he is sentenced July 10 for defrauding his city government and embezzling money from it. A DeSoto County jury convicted Davis Wednesday afternoon on one count of making false representations to defraud the government and one count of embezzlement.   A press statement from State Auditor ...

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C Spire in deal to acquire regional telecom MegaGate

In a move to continue expanding services and diversifying its core telecommunications and technology services holdings,  C Spire says it will acquire Hattiesburg’s MegaGate Broadband, a regional provider of IP voice, data, and business telecommunications solutions. MegaGate serves most Mississippi business markets as a competitive local exchange telecommunications provider and as an Internet service provider.  Founded in 1990, the company ...

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Following Commerce ruling, Stion ramping up production

HATTIESBURG — Stion, a manufacturer of high-efficiency thin-film solar modules and provider of photovoltaic solar solutions, will increase manufacturing capacity of its next-generation Elevation Series CIGS solar modules for the second half of 2014, and continue to ramp up for increased 2015 demand precipitated by the news of the U.S. Department of Commerce’s preliminary tariffs on Chinese solar modules shipped ...

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ROXUL puts first U.S. plant in operation

MARSHALL COUNTY — ROXUL Inc., a manufacturer of stone wool insulation products, has officially begun production in Mississippi at its first manufacturing facility located in the United States. The $160-million plant encompasses 600,000 square feet and is located on a 100-acre site in the Chickasaw Trail Industrial Park. ROXUL will employ approximately 150 workers on-site once the plant is fully ...

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MDA to lead trade delegation to Southeast Asia

JACKSON — The Mississippi Development Authority will lead a delegation of Mississippi companies on a business development mission to Southeast Asia from Aug. 25-29. MDA officials say in a news release that the trip will include stops in the Philippines, Singapore and Vietnam. MDA executive director Brent Christensen says opportunities exist in the region for Mississippi businesses in a variety ...

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TVA launches initiative to study small power-producing sites

NORTH MISSISSIPPI — The Tennessee Valley Authority is studying the value of electricity produced from small, dispersed sites, such as solar, wind or small gas turbine installations. According to a news release from the utility, the initiative will develop methods to set the value of distributed generation to the electric grid and the value of the grid to the small ...

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DMR sets beginning of shrimp season for June 18

GULF OF MEXICO — Mississippi authorities say shrimp season will begin June 18 in state waters. The Mississippi Department of Marine Resources made the announcement yesterday. The start of the season has been delayed by the slow growth of shrimp, held back by a cold winter and heavy pulses of fresh water from rains. The state doesn’t open the Mississippi ...

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Economic growth slows in Mississippi in 2013

JACKSON, Mississippi — New figures show that Mississippi’s economy grew by 1.6 percent in 2013. Gross domestic product numbers released Wednesday by the federal Bureau of Economic Analysis try to measure all of the economic output of each state. Mississippi’s 2013 growth rate was below the national average of 1.8 percent, and ranked 29th among the 50 states. Growth slowed markedly ...

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Corinth welcomes Caterpillar stockholders

CORINTH, Mississippi — Caterpillar’s annual meeting of stockholders is taking place Wednesday in Corinth. Peoria, Illinois-based Caterpillar Inc. has had a presence in Corinth for 32 years. Caterpillar spokeswoman Rachel Potts says the company has tried in recent years to hold stockholder meetings in places where the company has facilities. Recent shareholders meetings have been in North Little Rock, Arkansas; ...

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Delta State alum David Abney credits ‘willingness to do more than asked’ for his rise to CEO at UPS

It takes a lot of right turns to go from the Mississippi Delta to the top executive suite at United Parcel Service’s Sandy Springs, Ga., headquarters. Right turns are among the top commandments handed to new drivers for the world’s largest package delivery service. They constitute the safest and fastest way to go from Point A to Point B, according ...

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