Archive for April, 2011

Forecasters predict highest Mississippi River level since the great flood of 1927

by Clay Chandler Published: April 29,2011

Tags: Austin Golding, Flood of 1927, Mississippi River, U.S. Army Corps of Engineers, VICKSBURG

If your livelihood depends on safely navigating the Mississippi River, there are numbers that have nothing to do with revenue and expenses that can chill you to the bone. If you’re Austin Golding, that number is 51. Fifty-one feet is as high as the River’s water level at the Vicksburg flood gauge can go before […] [...]

MDEQ: Prepare now before flood waters arrive

by For the MBJ Published: April 29,2011

Tags: disaster, disaster preparedness, environment, flood, flooding, severe weather, state government

WEST MISSISSIPPI — As a result of flooding forecasts and rising water levels for the Mississippi River, the Mississippi Department of Environmental Quality (MDEQ) advises Mississippians to think about possible environmental issues that can result if flooding reaches their homes, farms and businesses. The release of oil, gasoline, or chemicals into flood waters can be […] [...]

Hancock, Whitney shareholders to vote on merger

by Associated Press Published: April 29,2011

Tags: banking and finance, Banks, financial institutions, mergers and acquisitions, shareholders, stock

GULFPORT — Hancock Holding Co.’s proposed buyout of its longtime Gulf Coast banking rival, New Orleans-based Whitney Holding Corp., will be judged today by shareholders of both companies. Separate shareholder meetings are scheduled to decide whether to go along with Hancock’s $1.5-billion stock-for-stock deal to acquire Whitney. Both groups have to approve. The companies also […] [...]

Cellular South aiding recovery in Smithville

SMITHVILLE — Cellular South has deployed a temporary mobile broadband cell site to Smithville after a devastating tornado killed 13 people, injured more than 40 others and destroyed most of the buildings in the small, rural town in Monroe County. The temporary cell site will expand capacity and support the voice and high-speed data communication […] [...]

Corps holding meeting at Eagle Lake about levee work

by For the MBJ Published: April 29,2011

Tags: engineering, flood control, flooding, floods, levee

EAGLE LAKE — The U.S. Army Corps of Engineers, Vicksburg District, participated in an informational meeting sponsored by Warren County this morning at the Eagle Lake Fire Station building at Eagle Lake just north of Vicksburg. The focus of the meeting was the flooding Mississippi River. All residents and landowners of the Eagle Lake Community […] [...]

PCA: Construction recession could last another 18 months

by For the MBJ Published: April 28,2011

Tags: building, cement, construction, economy, recession

SKOKIE, Ill. — While the economic recession is over and economic growth is strengthening, the construction recession may not run its course for another 18 months, hindering an improvement in cement consumption for the next two years, according to the most recent economic forecast from the Portland Cement Association (PCA). In 2011, PCA anticipates marginal […] [...]

Corps already at work strengthening levee system

by For the MBJ Published: April 28,2011

Tags: engineers, floods, levees

ISSAQUENA COUNTY — The U.S. Army Corps of Engineers, Vicksburg District (Corps) is working to strengthen a section of the main line Mississippi River levee system at Buck Chute near Eagle Lake. A sand boil is when water seepage move materials under or through the levee during high water stages. The work consists of clearing […] [...]

Peoples’ numbers back in the black as loan losses fall

by For the MBJ Published: April 28,2011

Tags: banking and finance, Banks, earnings, publicly traded company

BILOXI — Peoples Financial Corporation, parent of The Peoples Bank, earned $438,000 in the first quarter of 2011, compared to a loss of $1.197 million in the last quarter of 2010, announced Chevis C. Swetman, chairman and CEO of the holding company and the bank. The provision for loan losses in the first quarter of […] [...]

SBA to honor state’s best small businesses

by For the MBJ Published: April 28,2011

Tags: awards, Entrepreneurs, federal government, small business

ACROSS MISSISSIPPI — Each year since 1963, the President of the United States has proclaimed Small Business Week to recognize the contributions of small businesses to the economic well-being of America. SBA will hold a national celebration in May in Washington, D.C., to recognize the successes and achievements of top small business owners from across […] [...]

Residents to vote on hotel tax to fund sportsplex

by Associated Press Published: April 28,2011

Tags: county government, sports, taxes

GREENVILLE — Washington County voters will be asked Nov. 2 to approve a 2 percent tax on hotels and motels to support construction of a multipurpose sports complex. The sportsplex would be located on 95 acres next to the Washington County Convention Center. Lawmakers approved the tax this year. Supervisors this week approved levying the […] [...]

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