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

Polyvulc retains firm to sell facilities in Mississippi, Louisiana

VICKSBURG — Polyvulc USA Inc., an injection-molding company that recycles plastics into pier pads and FHA-approved perimeter foundation wall systems for manufactured homes, and two tire recycling businesses, has retained Heritage Equity Partners (HEP) to seek an immediate sale of the Vicksburg-based company, as well as its subsidiaries, Polyvulc Tire Recycling, LLC, a tire shredding facility in Jackson, and Winnsboro […] [...]

Weyerhaeuser investing $57M to modernize lumber mill

PHILADELPHIA — Weyerhaeuser Co. is investing $57 million to modernize over the next three years at its softwood lumber mill in Philadelphia. Weyerhaeuser said the work will be done in phases. Plans are to install two continuous direct-fired kilns and a new planer mill. In the last year we’ve seen somewhat of an uptick in […] [...]

Cochran has doubts about effectiveness of antidumping efforts

WASHINGTON — U.S. Sen. Thad Cochran (R-Miss.) is questioning the effectiveness of antidumping levies as evidence mounts that some nations are finding ways to evade punishment while still flooding U.S. markets with imported shrimp, crawfish, furniture and other products. Cochran raised the issue at a Senate Homeland Security Appropriations Subcommittee hearing on the enforcement of […] [...]

Chevron U.S.A.’s base oil facility begins production

PASCAGOULA — Chevron Corporation (NYSE:CVX) subsidiary Chevron U.S.A. Inc. has begun commercial production of premium base oils from a newly constructed manufacturing facility at the company’s Pascagoula refinery. Base oils produced at Pascagoula will add to capacity from the company’s refinery in Richmond, California, and a joint venture facility in Yeosu, Korea, approximately doubling Chevron’s […] [...]

Severstal selling plants, including Severstal Columbus

COLUMBUS — Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Word of a possible sale began to circulate earlier this year as the West threatened sanctions against Russia for its activity in the Ukraine, but Severstal has not […] [...]

A match set to happen: Conn’s and Jackson

by Published: July 17,2014

Tags: Business, Conn's, County Line Road, JACKSON, Mississippi

The head of retail for Conn’s HomePlus says the matchup of the retailer’s prototype customer and Jackson’s abundance of working class households made the Capital City an easy choice as the Texas company’s 85th store location. Having gone on a growth spree that extended the retailer’s reach from its Western origins into South Carolina and […] [...]

A Passion For Food — After early challenges, owner of Cookin’ up a Storm has no regrets

by Published: July 17,2014

Tags: Business, JACKSON, Mississippi, small business

One thing which typically characterizes entrepreneurs of all ages and persuasions is a passion for what they do.  This is certainly true for Robin DeVos, owner of Cookin’ up a Storm located in Canton Mart Square in north Jackson. In a recent meeting, Robin talked about how she came to start the business. “Early in […] [...]

Airbus partners with Precision Aviation, Government Capital

COLUMBUS — Airbus Helicopters Inc. (AHI) has partnered with Precision Aviation Services and Government Capital Corp. to provide tax-exempt financing for mission equipment technology upgrades and required major maintenance for law enforcement and government-owned AS350-series helicopters. Precision Aviation Services, of Peachtree City, Ga., AHI’s newest service center, will work with AHI and Government Capital to provide […] [...]

Fertilizer-maker consolidating, relocating headquarters to Coast

PASCAGOULA — Mississippi Phosphates Corp. is closing its administrative headquarters in Madison and consolidating all operations at Pascagoula manufacturing facility. CEO Jim Sherbert says in the news release that the move will allow the company to increase efficiency and eliminate costs associated with maintaining a remote headquarters. Mississippi Phosphates makes sulfuric acid and phosphoric acid […] [...]

KiOR retains investment bank to explore sale or restructuring

COLUMBUS — Struggling biofuel maker KiOR, deeply in debt to the state of Mississippi and others, says it has hired an investment bank to try to sell or restructure the company. KiOR, based in Pasadena, Texas, announced it had hired Guggenheim Partners in a yesterday stock filing. KiOR’s cash level is unclear, but the company […] [...]

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