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

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 […] [...]

MARTIN WILLOUGHBY — Floyd Sulser Jr. follows in his father’s footsteps

by Published: December 4,2014

Tags: Business, Floyd Sulser, law, Martin Willoughby, Mississippi, NEWS

Between 2008 and 2010, the United States had a loss of over 200,000 businesses and 3 million jobs. This period of the “Great Recession” was particularly challenging for those businesses in the housing sector. For those that survived, many found themselves in a better position with fewer competitors and leaner operations. I had the opportunity […] [...]

Love of the water leads to Ocean Springs SUP business for Coast native

by Published: December 4,2014

Tags: Business, Gulf Coast, Mississippi, NEWS, OceanSprings

By Tammy Leytham It’s almost like walking on water” is how Mississippi Gulf Coast native Amanda Mavar-Schmidt describes standup paddleboarding, a cross between surfing and paddling. She’s enjoyed the waters of the region her whole life and says it’s in her blood to be on the water. After Hurricane Katrina, Mavar-Schmidt moved to the Florida […] [...]

Consultants’ emails portray MDEQ as permit facilitator for silicon plant

Consultants working to help Mississippi Silicon gain a clean air permit for a Burnsville silicon plant apparently perceived the Mississippi Department of Environmental Quality as more of an ally eager to move the project forward than a regulator. Emails from consultants praise the state environmental regulators for helping to “head off” any objections to the […] [...]

MDEQ actions at center of trio of federal suits against Mississippi Silicon

Mississippi Silicon’s $200 million Burnsville plant on the Tombigbee Waterway is on track to open in slightly more than a year as the first new U.S. silicon factory in nearly 40 years. But whether that occurs will hinge on Mississippi Silicon beating back claims the Mississippi Department of Environmental Quality strayed from its procedural rules […] [...]

Ingalls: union members ratify contract extension

PASCAGOULA — Huntington Ingalls Industries says unions have approved a three-year contract extension with Ingalls Shipbuilding division in Pascagoula. The company says in a news release that the contract includes two 60-cent raises on the journeyman rate, with a 75-percent raise in the third year. All qualified represented employees on the active payroll will get […] [...]

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