Archive for the ‘Mississippi 100 Private Companies’ Category

Why some dropped or dropped off Mississippi 100

The biggest challenge of the Mississippi 100 is finding out who the prospects are. “We have a lot of suspects and we have to find out the prospects,” Mississippi 100 researcher Wally Northway said. Almost every year there are new companies added and old companies removed based on their earnings or corporate changes. “One of […] [...]

First time companies to Miss 100

Harriette Stevens says it’s a high honor to be included on the Mississippi 100. The general manager of Southaven’s Southern Thunder Harley-Davidson motorcycle dealership said a lot of work by the company helped it make the highly anticipated private companies list. “(Our owner) Lisa Wade works seven days a week,” Stevens said. Southern Thunder has […] [...]

SBA guaranty loan amounts surpass pre-recession levels

by Published: October 21,2012

Tags: economic recession, guaranty loans, SBA, small business

Business lending in Mississippi backed by the U.S. Small Business Administration ended the year in amounts higher than pre-recession 2007, the SBA reports. The agency backed more loans in 2007 — 623 — but the amount of those loans totaled $107 million, compared to fiscal 2012‘s $132.4 million. The SBA guaranteed 442 loans in the […] [...]

Duff Brothers, Southern Tire Mart on the grow and fast

by Published: October 21,2012

Tags: Jim Duffy, Southern Tire Mart, Thomas Duffy, transportation

Jim and Thomas Duff own five businesses, four of the top 100 largest private businesses in Mississippi; Southern Tire Mart, KLLM Transport Services, Forest Products Transports, T.L. Wallace Construction and Pine Belt Ford. All together, the companies employ 3,800 people, with revenues over $1.3 billion and are all headquartered in Mississippi. Southern Tire Mart landed […] [...]

Private business facing another year of cloudy fiscal outlook

It’s often been said it takes a lean dog to run a long race. And with that in mind, staying lean is a likely survival strategy for Mississippi’s private businesses heading into 2013. Even companies with fat cash reserves are keeping lean, preferring to horde their money until signs of an economic turnaround become clearer. […] [...]

Some make first appearance

This year’s Mississippi 100 has many companies that are “veterans” of the ranking, all very familiar to regular followers of the Mississippi 100. However, each year a new crop appears on the list. Ronald Tubertini, president and CEO of Southgroup Insurance Services, was in Texas when he got the news that Southgroup had made the […] [...]

McAlister’s is this year’s biggest jumper

McAlister’s Deli started out in a converted gas station in Oxford in the early ‘90s, and has since grown into a powerhouse on the southeastern dining scene. The casual dining chain has opened 15 new locations in 2011, pushing its total number of locations over 300. That’s one reason why McAlister’s is this year’s biggest […] [...]

KLLM remains Top 100 mainstay by finding new revenue streams

by Published: October 16,2011

Tags: Jim Richards, KLLM, KLLM Transport Services, LLC, trucking

KLLM Transport Services, LLC has spent the past three years in the top 15 of the Mississippi Business Journal’s Top 100 list. The company has done it by adapting and diversifying. Two years ago, KLLM entered the intermodal market, putting its refrigerated trailers onto railcars, which offers a cheaper way to move freight. Jim Richard, […] [...]

Meredith Allen took over a year ago as CEO of Staplcotn, which is still the largest U.S. cotton marketing cooperative

by Published: October 16,2011

Tags: CEO, Meredith Allen, Staplcotn

Staplcotn President and CEO Meredith Allen has completed his first year leading the nation’s oldest cotton marketing cooperative which he says has been “Challenging, to say the least!” Allen, 59, took the reins of Staplcotn and Stapldiscount in September 2010, as Woods Eastland, with whom he had worked for more than 24 years, transitioned to […] [...]

Making of the Mississippi 100

Back in the early 1990s in an effort to improve the Mississippi 100 ranking of the state’s most successful private companies, a Mississippi Business Journal staffer went to the Eudora Welty Library in Jackson looking for research material. When asked for a good resource of privately held companies in the state, the librarian smiled broadly […] [...]

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