Posts Tagged ‘acquire’

Colorado company purchases MedStat EMS

WINONA — American Medical Response (AMR) has acquired MedStat EMS Inc. in Winona as well as Life Line Ambulance in Prescott, Ariz. Terms were not disclosed. The acquisitions will generate estimated annual revenues of $36 million and employ more than 250 clinicians and support team members, according to AMR. “Life Line and MedStat are outstanding […] [...]

Officials still seeking buyer for ex-Handy Hardware site

MERIDIAN — Efforts to market an empty distribution facility are continuing following the December departure of a major employer in Lauderdale County. Handy Hardware shut down its Meridian center just two years after opening, resulting in the loss of 109 jobs and leaving its 463,000 square foot distribution center empty. The center had opened in […] [...]

Commission approves sale of Ameristar to Pinnacle

JACKSON — The Mississippi Gaming Commission has unanimously approved the Pinnacle Entertainment’s proposed acquisition of Ameristar Casinos. According to a release from Pinnacle, completion of the transaction remains subject to the receipt of additional required regulatory approvals and customary closing conditions. “Ameristar Casino Hotel Vicksburg is a terrific addition to our portfolio and nicely complements […] [...]

Supervisors move to buy warehouse for Genesis Energy project

NATCHEZ — A chance to help a local industry speed up a $30-million investment has prompted the Adams County Board of Supervisors to simplify what had become a complex process to purchase large warehouse near the Natchez-Adams County Port. The county had originally planned to help purchase the building through a complicated agreement that would […] [...]

Cooper Tire selling to Indian company for $2.22B

TUPELO — The head of Ohio’s Cooper Tire & Rubber Co. says a $2.2 billion deal that puts the company under new ownership won’t result in the closings of its three U.S. manufacturing plants. Cooper chief executive Roy Armes says India’s Apollo Tyres Ltd. also plans to retain Cooper’s management operation in Ohio. Apollo announced […] [...]

Hospital trustees to choose firm for study of sale

NATCHEZ — The Natchez Regional Medical Center board of trustees will recommend to county officials next week who they think should determine if the sale of the county-owned hospital is feasible. The Rev. Leroy White — chairman of the hospital trustees — said the hospital has gotten several inquiries from firms about conducting a feasibility […] [...]

Malco buys theatre complex, plans expansion to entertainment center

OXFORD — Malco Theatres has acquired the closed 10-screen movie theatre and outdoor amphitheater in the Oxford Commons development. Terms were not disclosed. In a release, Malco said it would also acquire adjacent property from Kenlan Development Company in order to double the size of the building, converting it to a family entertainment center including […] [...]

Connecticut company buys share of Coast shipyard

GULFPORT — A private equity firm is taking an ownership stake in a Mississippi shipyard group. Littlejohn & Co. of Greenwich, Conn., has bought part of Gulf Coast Shipyard Group, which owns the Trinity Yachts and TY Offshore shipyards in Gulfport and New Orleans. The dollar amount and ownership share were not disclosed. John Dane […] [...]

Illinois company buys another facility in Columbus

COLUMBUS — Agracel Inc., an industrial development firm headquartered in Effingham, Ill., has purchased of the 137,700-square-foot Mississippi Steel Processing (MSP) operation in Columbus. The facility sits on the campus of Severstal North America. Terms were not disclosed. MSP is a relatively new company offering toll processing, storage and logistics and first-stage fabrication of hot […] [...]

State buys more property on Gulf island for $8M

MISSISSIPPI GULF COAST — The state of Mississippi has bought 217 more acres of Cat Island to set aside for public use. About one-third of Cat Island is part of the National Park Service’s Gulf Islands National Seashore and BP purchased about one-third of the island following the 2010 oil spill from the Boddie family, […] [...]

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