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

Manufacturing grows sluggish as oil prices slide, economists say

By TED CARTER Steep declines in oil and petroleum prices have finally shown a corresponding drop in commercial construction costs tracked by the U.S. Department of Labor’s Producer Price Index. Contractors can cheer about the drop in costs – at least those who don’t build for the oil exploration and mining sectors. Not so for manufacturers. […] [...]

JOSH MABUS: Make it in Mississippi

Mississippi has a storied history when it comes to making something new, creative and world renowned. I’m always talking about how innovative Mississippians are, especially when traveling out of state. I think there is just something in the water here. Or maybe like William Faulkner said, it’s because, “to understand the world you must first […] [...]

Columbus-built Airbus gets FAA airworthiness approval

COLUMBUS — The first Airbus Helicopters AS350 AStar helicopter completely assembled in the U.S. has received airworthiness certification from the Federal Aviation Administration. The AS350 B3e rolled off the Airbus Helicopters Inc. final assembly line in Columbus, Mississippi, at the end of December. Airbus officials say in a news release that the Columbus plant is […] [...]

ASA postmortem: industrial recruiting is a constant cycle of death and life

By JACK WEATHERLY  Raising $1.2 billion for an industrial project can be a daunting task, if not a deal killer. For economic developers in Mississippi, American Specialty Alloys’ protracted and secretive efforts in that regard became an issue that ultimately sent the project south to Pineville, La. American Specialty started out last year with a […] [...]

New Orleans congestion keeps Chiquita Gulfport port

GULFPORT — Chiquita containers filled with paper arrive by truck and rail at the State Port in Gulfport where they are stored for later movement to New Orleans for southbound shipment. Along with its own cargo, Crowley Liner Services is shipping into Gulfport northbound Chiquita containers loaded with produce. Chiquita moved to New Orleans in October […] [...]

J. Craig Stepan chosen as new leader for Tennessee-Tombigbee Waterway board

by Published: February 25,2015

Tags: Business, Golden Triangle, J. Craig Stepan, Mississippi, NEWS

COLUMBUS — The Tennessee-Tombigbee Waterway Development Authority has hired an Alabama man as its new administrator. The hiring of J. Craig Stepan of Fairhope, Alabama, was announced in a news release. Stepan succeeds Bruce Windham who resigned last year due to illness. Stepan will also be president of the Tennessee-Tombigbee Waterway Development Council, the authority’s […] [...]

(UPDATED — BREAKING NEWS) American Specialty Alloys won’t locate $1.2B mill in Mississippi

By JACK WEATHERLY American Specialty Alloys, a startup aluminum manufacturer that had been in negotiations with the Mississippi Development Authority and the Golden Triangle development agency since last spring, announced late Friday it has signed a deal with the state of Louisiana to build a $1.2 billion mill in Pineville, which is adjacent to Alexandria […] [...]

(UPDATE) Aluminum maker, recruiter still at impasse on $1.2 billion project

By JACK WEATHERLY  The impasse between American Specialty Alloys and Golden Triangle economic development officials has not eased. The startup aluminum maker with offices in Columbus that says it will build a $1.2 billion mill — somewhere — is “pulling up stakes” and heading for Alexandria, La., Joe Max Higgins, executive director of Golden Triangle […] [...]

Cochran announces $220M helicopter contract in Miss.

by Published: February 17,2015

Tags: Business, military, Mississippi, NEWS, Thad Cochran

COLUMBUS — U.S. Sen. Thad Cochran, R-Miss., says the U.S. Army has approved a $220.5 million contract for the production of UH-72A Lakota helicopters in Columbus. The contract to Airbus Defense and Space, Inc. is for the procurement of 41 Lakota helicopters equipped with Airborne Radio Communications 231 radios. Congress approved $401.6 million overall for […] [...]

Aluminum maker, Golden Triangle developers at odds over $1.2 billion project

By JACK WEATHERLY The Columbus area economic development organization has put the 826-acres it has set aside for American Speciality Alloys back on the market, alleging that the startup that plans a $1.2 billion aluminum plant has not been acting in good faith recently. Joe Max Higgins, chief executive of Golden Triangle Development LINK, said […] [...]

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