Archive for September, 2011

Greater Jackson Chamber Partnership Unveils 10-Year Plan

by Stephen McDill Published: September 29,2011

Tags: Greater Jackson Chamber Partnership, JACKSON

JACKSON- Leadership at the Greater Jackson Chamber Partnership are hoping their new decade-long strategy and marketing assessment of the Greater Jackson metro area will be a “holistic approach based on people, place and prosperity.” [...]

ARC grant to aid storm-tossed city, county

SMITHVILLE — The Appalachian Regional Commission (ARC) has approved a $350,000 grant for the construction of a facility to support jobs in Smithville and Monroe County, whose economic base took a hit when a massive EF-5 tornado ripped through the region in April. The $350,000 grant from ARC will be combined with $265,800 in state […] [...]

Aerojet conducts test firing of rocket engine

by MBJ Staff Published: September 29,2011

Tags: aerospace, defense, rockets, space, space exploration, technology

HANCOCK COUNTY — Aerojet, a GenCorp company, along with NASA and Orbital Sciences Corporation, has conducted a successful ground test firing of an AJ26-62 flight engine that will power Orbital’s Taurus II medium-class space launch vehicle. The test was conducted at NASA’s Stennis Space Center. Aerojet’s AJ26 engine is an oxidizer-rich, staged-combustion LO2/kerosene engine that […] [...]

Newly formed MS BIO joins national association

by MBJ Staff Published: September 29,2011

Tags: Associations, bioscience, biotechnology, science, technology

RIDGELAND — The newly formed Mississippi Biotechnology Association (MS Bio) has joined the Council of State Bioscience Associations (CSBA), an autonomous group of state affiliates operating within BIO. Pete Pellerito, interim vice president of state government relations and alliance development at Biotechnology Industry Organization (BIO). “The CSBA is integral to BIO’s advocacy efforts, as we […] [...]

Merchants Foodservice makes national ranking again

by MBJ Staff Published: September 29,2011

Tags: distribution, food, foodservice, growth, revenues, warehousing

HATTIESBURG — The nation’s 50 largest broadline distributors collectively broke the $100-billion mark in 2010, growing sales 5 percent over sales reported by the 2009 Top 50. It was a strong performance following the 2 percent sales decline the Top 50 experienced in 2009. The performance of the top 10 companies alone paints a bright […] [...]

GE Energy to brief Barbour on gas-to-electricity project

STARKVILLE — Gov. Haley Barbour is scheduled to be briefed by GE Energy officials today on its installation of engines to capture methane gas from the Golden Triangle Regional Landfill and use it to generate electricity. GE Energy officials say a ceremonial ribbon cutting for the facility has been tentatively scheduled for Oct. 11. The […] [...]

Decrease in poultry exports impacts State Port

by Associated Press Published: September 29,2011

Tags: agriculture, chickens, exports, international trade, ports, poultry, trade

A major decline in chicken exports does not bode well for the Mississippi port’s tentative plans to resume a pre-Katrina business that created hundreds of jobs. The port had planned to rebuild its freezer for chicken shipments on the West Pier, but that was before a new strategic plan reserved the space for an elevated […] [...]

Choctaws’ business unit could close in November

by Associated Press Published: September 29,2011

Tags: aerospace, defense, indians, military, Native Americans

PHILADELPHIA — Applied Geo Technologies on the Choctaw Indian Reservation could close in November. The Tribal-owned provider of aerospace and defense services employs 110. Tribal Chief-Elect Phyliss Anderson tells The Neshoba Democrat she was aware of the 60-day notification but had no part in the decision that was made by the board of directors of […] [...]

NWS determines Delta city hit by EF-1 tornado

by Associated Press Published: September 29,2011

Tags: disaster, natural disaster, retail, severe weather, tornadoes, Weather, wind

CLEVELAND — The National Weather Service has determined a tornado caused damage to homes and business in Bolivar County. Between the hours of 8 p.m. and 9 p.m. last Sunday, the weather service had received multiple reports of grounded tornados around the area. These reports came from Benoit, Boyle and the Stanton subdivision within Cleveland. […] [...]

Fitch places student loan trusts on ‘Rating Watch Negative’

by MBJ Staff Published: September 28,2011

Tags: credit rating, debt rating, education, financial aid, higher education, student loans

JACKSON — Fitch Ratings has placed 16 U.S. student loan ABS trusts on “Rating Watch Negative.” The action includes the Mississippi Higher Education Assistance Corp.-1999 Trust Indenture and Mississippi Higher Education Assistance Corp.-2004 Indenture of Trust. In taking the actions, Fitch has cast a wide net selecting trusts that contain more than 20 percent tax-exempt […] [...]

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