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Author Archives: Jack Weatherly

Gov. Bryant flips on trade pact since 2015

By JACK WEATHERLY Gov. Phil Bryant said in a December 2015 interview that he supported the United States joining the Trans-Pacific Partnership. “I hope it’s approved, and I hope that we’re a strong part of it,” Bryant told the Mississippi Business Journal. Yet Bryant, a staunch supporter of Donald J. Trump, who has since been elected president and “vetoed” America’s ...

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Mississippi manufacturer betting on a weaker dollar

By JACK WEATHERLY Wayne Wade has concerns about continuing to do business in Vietnam. But it’s not because President Donald Trump “vetoed” America’s participation in the Trans-Pacific Partnership free trade pact. It’s the strong U.S. dollar, said Wade, president of Bio-Soil Enhancers Inc. of Hattiesburg. Vietnam is the company’s biggest customer. The Southeast Asian country would be one of the ...

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Swim expert: Don’t drown in debt

USA Swimming official cautions Ridgeland to keep pool plan within budget By JACK WEATHERLY Economic impact is one thing. Paying the bills is another. That’s the advice for those proposing to build and operate a 88,000-square-foot facility to be called the Mississippi Aquatic Center in Ridgeland. Mick Nelson, facilities development director for USA Swimming, which governs the sport, offers guidance ...

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Catfish industry sees Trump veto of TPP as victory

By JACK WEATHERLY The U.S. catfish industry has fought Asian exporters long and hard for years. Now with President Donald Trump issuing an order in his first week in the White House to block America’s membership in the proposed Trans-Pacific Partnership, another victory has been achieved, as the U.S. industry sees it. “We just felt that the TPP would weaken ...

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$33.6 million aquatic center at Ridgeland proposed

By JACK WEATHERLY Mississippi isn’t necessarily known as a “swimming” state. But a plan has been floated to change that. An 88,700-square-foot facility at an estimated cost of $33.6 million has been proposed for land to be donated by the city of Ridgeland for the Mississippi Aquatic Center. The facility would rely on corporate sponsorships — including the possibility of ...

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Greensboro, N.C. center a success for area but operates at a loss

By JACK WEATHERLY The Greensboro (N.C.) Aquatic Center has had an economic impact of more than $130 million since it was opened in September 2011. The facility also runs an annual operational deficit, according to Susan Braman, its director since its inception. This year, the deficit will be about $350,000 on a $1.5 million budget, she said. That’s much better ...

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Trustmark fourth quarter income up 4.9 percent

By JACK WEATHERLY Trustmark Corp. reported net income of $28.9 million for the fourth quarter, or 43 cents per share, a 4.9 percent increase from a year earlier. Net income for the year was $108.4 million, or $1.60 per share, compared with $116 million in 2015, the Jackson-based bank holding company reported in a release on Tuesday. Excluding one-time charges for ...

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Family producing rice ‘a little different’ from any other

By JACK WEATHERLY Broken rice is less desirable than whole. But when it’s broken intentionally it becomes something else. Grits. That’s what the Arant family of Ruleville calls it. And now a lot of other people are buying into grits as something other than corn. The fourth-generation farm has made a specialty out of it, which is catching on. And gaining praise is ...

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District at Eastover adds restaurants, retail tenants

By JACK WEATHERLY In addition to Cantina Laredo, three more retailers have been added to the list of the first retail and restaurant tenants at the District at Eastover in Jackson. Joining the gourmet Mexican restaurant will be Freshii, a purveyor of organic food specializing in wraps, with meat, if you like. John Newcomb’s second Freshii franchise comes after one ...

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Capitol Art Lofts finally heads toward becoming reality

By JACK WEATHERLY Cold westerly winds of change barreled down Capitol Street in downtown Jackson Monday morning as a long-awaited project turned its last corner toward becoming a reality. The Capitol Art Lofts had been stalled several years in the planning stage due to funding problems. But New Orleans-based HRI Properties Inc. announced Sept. 14 that the last part of ...

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