
by Stephen McDill Published: October 21,2012
Tags: Atmos Energy, Belk, business listings, Ergon Inc., Jitney Jungle, McRae's, Mississippi 100, Mississippi Valley Gas, private companies, Staplcotn, Wally Northway, Winn-Dixie, Yates Construction
The year 1989 was full of significant business and economic news from the U.S. savings and loan crisis and Exxon-Valdez spill to the Time-Warner merger and fall of the Berlin Wall. It was also the year a then little known list called the “Mississippi 100” would begin its annual run in the Mississippi Business Journal. [...] [...]

While some Mississippi 100 industries continue to weather the so-called “Great Recession,” several mid-sized companies on the list enjoyed significant revenue gains in 2012. As reflected by its reported annual earnings, Ridgeland accounting and business advising firm HORNE LLP, moved up on the Mississippi 100 from 54th to 42nd place. It’s a crowning achievement to [...] [...]

Greenwood-based cotton cooperative Staplcotn landed at third on the 2012 Mississippi 100, posting $933 million in revenue in the process. It’s a good way to start the third year on the job for CEO Meredith Allen, who took over the oldest and largest cotton marketing cooperative in the U.S. in late summer 2010. “(It’s been) [...] [...]

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 [...] [...]
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 [...] [...]

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 [...] [...]

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 [...] [...]

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. [...] [...]

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 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 [...] [...]