Author Archive

It’s showtime for MAGIC as state launches single accounting system

by Published: July 7,2014

Tags: accounting, Business, government, JACKSON, Mississippi, Politics

Mississippi state government is counting on big returns from a $100-million accounting system that integrates what previously were a handful of different systems used by state agencies, commissions and boards. Launched Tuesday, the system known as MAGIC, short for Mississippi’s Accountability System for Government Information and Collaboration, required a dozen years of work, including around-the-clock […] [...]

Mississippi’s Capitol getting specialized facelift

by Published: July 7,2014

Tags: Business, construction, JACKSON, Mississippi, Politics

JACKSON – The Mississippi State Capitol building is getting its first restoration and repair in 30 years, the state Department of Finance & Administration said in announcing the start of the 2-year, $6.9-million project. Work crews are installing massive construction scaffolding that will envelop different parts of the 110- year-old structure over the next two […] [...]

Cherokee Brick & Tile to restart Tri-State plant in Jackson

by Published: July 7,2014

Tags: bricks, Business, construction, JACKSON, Mississippi, NEWS

Brick and tile manufacturing is set to resume by the end of the year at the dormant Tri-State Brick and Tile plant under new owners who see Jackson as a gateway to reaching an additional 30 percent of  the U.S. market. Cherokee Brick & Tile, a Macon, Ga., family-owned maker of brick and tile and […] [...]

A Q&A with Gov. Phil Bryant — Energy, oil and other things

Gov. Phil Bryant earlier this month delivered a keynote address to oil company executives and others gathered in Houston for the Tuscaloosa Marine Shale Summit. Upon his return, the governor’s office agreed to answer a series of questions on the subject of the Tuscaloosa Marine Shale. Here is the Q&A: Q — Does the governor […] [...]

Big investment in Halcón drilling reflects confidence in a lucrative TMS

by Published: June 26,2014

Tags: Business, energy, Mississippi, Oil, Politics

A private equity firm’s pledge to invest up to $400 million in Halcón Resources’ deep drilling in Mississippi and Louisiana could lead to a doubling of Halcón’s 2015 operations in the region. The investment from Apollo Globe Management allows Halcón to accelerate its drilling for oil and gas on the 314,000 acres the Houston-based company […] [...]

Revised home-mortgage rules seen as threat to home ownership in rural Mississippi

New home mortgage lending rules that threaten to end  balloon mortgage lending in Mississippi likely will top the list of concerns the Mississippi Bankers Association will note in a reply to federal regulators who have initiated a series of  comment periods on banking regulations. The replies by Mississippi bankers and their advocacy organization, the MBA, […] [...]

WHO’S BEST FOR BUSINESS? Mississippians see different stakes in GOP Senate runoff

Size really does matter when breaking down how Mississippi’s business sector will vote in Tuesday’s Republican senatorial primary runoff. The larger the business the more likely the sentiments will fall to incumbent Sen. Thad Cochran, who has been in Washington longer than 42-year-old tea party challenger and Mississippi Senate member Chris McDaniel has been on […] [...]

New buyer interest in Jackson’s Landmark Center after UMMC drops deal

A potential new buyer is ready to seek a deal on downtown Jackson’s Landmark Center now that the University of Mississippi Medical Center no longer wants the vacant office building. The Hertz Investment Group, owners of 1.2 million square feet of metro Jackson office space, wants to be 100 percent sure UMMC is out of […] [...]

UMMC drops purchase of downtown Jackson’s Landmark Center

by Published: June 16,2014

Tags: Business, Downtown Jackson, JACKSON, Mississipi, real estate

The University of Mississippi Medical Center’s purchase of the Landmark Center — a deal considered a much-needed game changer for downtown Jackson — is dead, UMMC officials say. » UPDATED: New buyer interest in Jackson’s Landmark Center after UMMC drops deal UMMC officials say they ceased negotiations with owners of the 366,500 square-foot building after other […] [...]

Aviation marketers give their prescription for Jackson airport

by Published: June 13,2014

Tags: Business, JACKSON, Mississippi, transportation

A pair of New York commercial aviation marketing specialists shared their thoughts on how executives at Jackson-Medgar Wiley Evers International Airport can strengthen the airport’s role as Central Mississippi’s main aviation draw. Rocco Cipriano, president of Westchester-N.Y.-based Aviation Marketing, said a good first step is to break down the kinds of travel for which fliers […] [...]

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