Author Archive

Consultants’ emails portray MDEQ as permit facilitator for silicon plant

Consultants working to help Mississippi Silicon gain a clean air permit for a Burnsville silicon plant apparently perceived the Mississippi Department of Environmental Quality as more of an ally eager to move the project forward than a regulator. Emails from consultants praise the state environmental regulators for helping to “head off” any objections to the […] [...]

MDEQ actions at center of trio of federal suits against Mississippi Silicon

Mississippi Silicon’s $200 million Burnsville plant on the Tombigbee Waterway is on track to open in slightly more than a year as the first new U.S. silicon factory in nearly 40 years. But whether that occurs will hinge on Mississippi Silicon beating back claims the Mississippi Department of Environmental Quality strayed from its procedural rules […] [...]

A BIG CHANGE: New mortgage rules seen bringing increase in pricey mobile home loans

by Published: November 26,2014

Tags: manufactured home, mortgage, Qualified mortgages, waiver

National lenders who make loans on new manufactured homes appear to be a growing option for Mississippi borrowers with credit histories too risky for traditional banks in today’s stringent regulatory climate. While credit-challenged borrowers are buying the dwellings at about half the square-foot cost of site built homes, financing them takes a much larger bite […] [...]

Mississippi, Jackson foreclosures down in September from same month of 2013

by Published: November 25,2014

Tags: CoreLogic, foreclosures, Mortgage Delinquencies

Foreclosure rates in Jackson decreased by a third of a percent for the month of September over the same period last year, new data from real estate survey firm CoreLogic shows. The rate of tardy mortgage payments also dropped in September compared to the same mont last year… CoreLogic said the rate of Jackson area […] [...]

State’s new banking chief Charlotte Corley has deep roots in the business

by Published: November 20,2014

Tags: banking, Business, Charlotte Corley, Mississippi

Mississippi’s bankers should have no difficulty recognizing the name of the state’s new banking commissioner. Gulfport native Charlotte Corley has been a bank regulator in Mississippi her entire working life, having joined the Department of Banking & Consumer Finance as a bank examiner in 1985. She became banking division director in 2000, after a 13-year […] [...]

THE NEXT CHAPTER — Wally Northway ending a ‘great ride’ chronicling Mississippi’s business stories

Greenville native Wally Northway had written a lot of songs but never a news story when he ventured into newspapering at the Mississippi Business Journal in 1997 after a career as a college administrator. A few thousand stories later, the soon-to-retire business journalist can lay claim to a career well spent. “I always felt like […] [...]

Bryant’s budget targets county, city road & bridge repairs

by Published: November 20,2014

Tags: Business, Mississippi, NEWS, Politics, transportation

Gov. Phil Bryant’s proposed fiscal 2016 budget allocates $52 million to counties and cities for road and bridge maintenance, but leaves it to legislators to hash out an allocation for repairs on state roads and bridges. Bryant’s budget message proposes the $52 million as a follow-up to last year’s $32 million earmark for the Office […] [...]

Can Metrocenter rise from the ashes? Again

by Published: November 19,2014

Tags: Business, JACKSON, mall, Metrocenter, Mississippi, NEWS, sears

Jackson’s 36-year-old Metrocenter Mall is set for yet another second act. This one will be stage managed by a group of veteran Kansas retail developers from Colby Capital and Walter Morris Cos. as well as Jackson commercial real estate broker Scott Overby. They have adopted the name Jackson Commons, LLC. The Kansas developers have redone […] [...]

Bioplastics maker opens for business in East Mississippi

by Published: November 14,2014

Tags: ALGIX LLC, aquaculture, Bioplastics, SOLAPLAST

MARION, Mississippi — Bioplastics manufacturer ALGIX, LLC officially opened its doors Friday at the company’s SOLAPLAST facility here. The Lauderdale County project represents an $8.5 million corporate investment that economic development officials say will increase to $40 million and will create 100 jobs over the next three years. ALGIX’s new state-of-the-art facility features compounding equipment […] [...]

FREE FROM APRON STRINGS — Brush with disaster leads Monroe Jackson to build a better apron

by Published: November 13,2014

Tags: Business, entrepreneur, innovation, Mississippi, NEWS, small business

Monroe Jackson wants a business with no strings attached. The Jackson doughnut entrepreneur and survivor of a near-fatal workplace accident has added “innovator” to his life accomplishments. Next up is a marketing role for the inventor and winner of a design patent for a string-free apron he says will make working around machinery far less […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments