Author Archive

Mississippi poultry industry’s hub system behind today’s success

To understand how Mississippi’s poultry industry has advanced to become the state’s top agricultural money maker, think of the hub system the airlines use, says Mark Leggett, Mississippi Poultry Association president. Developed during the 1960s and ’70s, the hub system, or what the industry calls vertical integration, ended segmentation of the industry and ensured a […] [...]

MBJ Business Person of the Year: Joe Sanderson Jr.

You can come at the chicken business a few different ways. You can get to a point you’re happy with and stay there, you can wait for opportunities to arise, or you can create them the way Joe Sanderson Jr. does. The CEO of Mississippi’s largest public company prefers to run at full throttle, having […] [...]

Renasant beefs up in Georgia with $258M purchase of HeritageBank

Tupelo’s Renasant Bank continued its march through Georgia last week with a definitive agreement to acquire Albany’s $1.9 billion Heritage Financial Group Inc., parent of HeritageBank of the South, through a stock purchase. Renasant, which a couple years ago began establishing a presence in North Georgia with acquisitions in Blairsville and suburban Atlanta, will gain […] [...]

MBJ exclusive: Jackson’s new airport CEO fulfills desire to taking on the top job

A back injury that prevented Carl Newman from entering the Phoenix police academy four decades ago led Newman to pursue a career that has him slated to become CEO of the Jackson Municipal Airport Authority on Jan. 2. Newman, 59, will take over running Jackson’s Medgar Wiley Evers International Airport and other Jackson Municipal Airport […] [...]

Analysts hail BancorpSouth stock buyback as ‘handsome’ reward for shareholders

by Published: December 18,2014

Tags: banking, Business, finance, Mississippi, NEWS, Tupelo

The board  of BancorpSouth’s Dec. 11 authorization of a buy-back program of up to 5.7 million shares of common stock pushed up the Tupelo banking company’s share price 0.5  percent by the middle of this week. The move also won praise from analysts who see the buyback as an attractive reward to shareholders. The repurchase […] [...]

Hyatt-Place is Columbus’ newest hotel option

by Published: December 18,2014

Tags: Business, Columbus, hospitality, hotel, Lowndes County, Mississippi, NEWS

The Columbus and Lowndes County hospitality market is continuing a growth spurt with the opening of a Hyatt- Place Hotel that joins a new prototype Hampton Inn scheduled to open next month. Those properties follow a Courtyard By Marriot and a Fairfield Inn that have opened in the last three years. Hyatt-Place Columbus is only […] [...]

Coming soon: 200 Wi-Fi hotspots around Metro Jackson

by Published: December 12,2014

Tags: Business, Comcast, Mississippi, NEWS, technology

Here’s yet another reason not to leave home without your mobile device: Comcast is setting up a half dozen outdoor Wi-Fi hotspots in Jackson area parks and town squares this month as part of a cyber connection effort that will create 200 access points in public spaces throughout the metro region the first three months […] [...]

Houston Bush International executive is new Jackson airport chief

by Published: December 11,2014

Tags: airport, JACKSON, Mississippi, transportation

The general manager of Houston’s Bush International Airport is the new CEO of the Jackson Municipal Airport Authority. Carl Newman is the first new airport chief in 24 years, replacing longtime CEO Dirk Vanderleest, who retire at the end of September. Newman comes to Jackson just two years after taking the general manager’s post at […] [...]

Jackson hires new airport chief but process a mystery

Jackson Municipal Airport Authority has its first new CEO in nearly 25 years. The identity of the new airport boss should be known Thursday afternoon. How, when and where the Airport Authority’s governing board selected the candidate is unclear.  Authority spokesman Gene Moore insists he was left out of the loop and can’t help us […] [...]

Union Church farmer McCormick wins Miss. Farm Bureau presidency

Voting by county Farm Bureau delegates to the Mississippi Farm Bureau Federation’s annual meeting Monday ended with election of Mike McCormick, a 52-year-old cow-calf and timber farmer from Jefferson County, as the tenth president of the MFBF. McCormick, who raises cattle and timber on a 1,200-acre farm near Union Church , beat out incumbent Randy […] [...]

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