Archive for the ‘MANUFACTURING/PRIVATE COMPANIES – Market Sector’ Category

Jindal raises money for Tate Reeves

by Published: December 19,2014

Tags: Business, Common Core, education, Mississippi, Politics

GULFPORT — Louisiana Gov. Bobby Jindal is helping raise campaign cash for Mississippi’s Republican lieutenant governor, Tate Reeves, who’s seeking a second term in 2015. A Reeves campaign email says Jindal was appearing at Reeves’ fundraiser Thursday evening at a home in Gulfport, with ticket prices ranging from $250 to $2,500. The Advocate reports that […] [...]

Aluminum company rumored for Columbus: ‘clock’ is for website, not plant site

By Jack Weatherly There is plenty of evidence that a $1.2 billion aluminum mill will be built at Columbus. But when the American Specialty Alloys clock on Internet hits zero today at about 7 p.m. don’t expect a big announcement. It will be the launch of a website, www.asametals.com, but there will be no information […] [...]

Ruling stands for Pearl River Co. in plant dispute

JACKSON — The state Court of Appeals has upheld a judge’s ruling against a group of residents who sought to block development of five acres near the construction site of a sand drying plant in Pearl River County. The Alliance Consulting Group is locating the plant on 30 acres between Nicholson and Picayune. The $30 […] [...]

Former Lane Furniture plant sold for $1.45 million

by Published: December 15,2014

Tags: United Furniture Doug Hanby

United Furniture Industries has bought the 475,000-square-foot former Lane Furniture Industries in Verona for $1.45 million. Doug Hanby, United chief financial officer, said in a news release on Monday that the facility will used as a manufacturing facility for stationary furniture, and hopes to open it during the first quarter of next year. United Furniture […] [...]

Grenada plastics company to expand, add 60 jobs

by Published: December 15,2014

Tags: Business, Grenada, manufacturing, Mississippi, NEWS

GRENADA — An Illinois company will invest $350,000 to expand its Grenada factory, adding 60 jobs. Suburban Plastics, based in Elgin, Illinois, announced last week it would expand its current factory by 25,000 square feet to increase production. Vice President Jeremy Baxter says the company has “a strong trend of continuing growth” in Grenada. The […] [...]

Bath awarded $21M contract for destroyers

by Published: December 12,2014

Tags: Business, Gulf Coast, Ingalls, Jackson County, Mississippi, NEWS

BATH, Maine — Bath Iron Works has been awarded a $21 million contract to continue work on a class of U.S. Navy destroyers. U.S. Rep. Chellie Pingree said in a statement Thursday night that it was a modification of a previously awarded contract for construction of DDG 51 destroyers. Pingree said the shipyard was already […] [...]

Renasant of Mississippi buying Ga. bank in $258M deal

by Published: December 11,2014

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

JACKSON — Mississippi-based regional bank Renasant Corp. said Wednesday that it will acquire Georgia-based Heritage Financial Group, the parent of HeritageBank of the South for $258 million in stock. The merger will move Renasant, based in Tupelo, into southern Georgia and northern Florida for the first time and slightly bolster the bank’s position in the […] [...]

Phosphate plant to begin shutdown

by Published: December 5,2014

Tags:

By Jack Weatherly Mississippi Phosphates Corp. will begin eliminating 175 jobs next week as it follows up on its Chapter 11 bankruptcy petition filed Oct. 27. The Pascagoula-based company said in a news release on Friday that it will stop production of diammonium phosphate early next week and that production of sulfuric acid will continue […] [...]

4 companies honored with export awards

JACKSON — Four Mississippi companies have been honored for their success in maintaining or increasing export sales. The 2014 awards were presented Wednesday by Gov. Phil Bryant in Jackson. Columbus-based BankTEL Systems, provider of financial accounting and cash management software, received the Governor’s Award for Excellence in Exporting in the service sector. Hattiesburg-based BioSoil Enhancers, […] [...]

MARK BLACKWELL — Smart year-end financial moves

by Published: December 4,2014

Tags: banking, Business, finance, Mark Blackwell, Mississippi, NEWS

A s we approach 2015, now is an ideal time to consider ways to maximize year-end opportunities for your finances.  I have listed below a few specific ideas you may want to consider.  Since some take a little time to implement, it is important to not wait too long to act.  Also, please keep in […] [...]

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