Mississippi Business Journal » automaker

Study says Nissan subsidies total $1.33B; MDA says overestimated

Associated Press — Fri, 17 May 2013 14:55:14 +0000

CANTON — A study paid for by the United Auto Workers finds state and local governments may provide Nissan Motor Co.’s Mississippi plant with nearly $850 million in tax breaks over 30 years, plus $400 million in cash aid. The report estimates Mississippi will pay $90 million in interest on money borrowed to aid Nissan, [...]

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Aldana takes over at Nissan-Canton

Associated Press — Sun, 05 May 2013 19:02:36 +0000

CANTON — David Aldana, currently director of Nissan’s manufacturing facility in Aguascalientes, Mexico, has been named vice president of the Nissan Canton Vehicle Assembly Plant in Canton. Aldana will replace Dan Bednarzyk who has been named to the newly created position of vice president, Total Delivered Cost. Nissan made the announcements Friday. Aldana joined Nissan [...]

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Defense honors sheriff’s office, automaker, pawn shop

MBJ Staff — Wed, 01 May 2013 12:53:47 +0000

AROUND MISSISSIPPI — Employer Support of the Guard and Reserve (ESGR), a Department of Defense operational committee, has selected three Mississippi employers as semifinalists for the 2013 Secretary of Defense Employer Support Freedom Award. The Freedom Award is the DoD’s highest honor for employers that provide extraordinary support to their Guard and Reserve employees. This [...]

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Automaker makes half-million-dollar donation to schools

Associated Press — Mon, 29 Apr 2013 12:18:10 +0000

CANTON — Canton school officials say a gift from Nissan North America will be used to help at-risk students. Superintendent Dwight Luckett tells The Clarion-Ledger the district will hire specialists to work one-on-one or in small groups with students to help them catch up to grade level in reading, language arts and math. The $500,000 [...]

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Governor to call special session, related to automobile corridor

Associated Press — Tue, 23 Apr 2013 11:34:38 +0000

JACKSON — Gov. Phil Bryant said yesterday that he will call lawmakers into special session to deal with an economic development project in what he calls the state’s auto corridor. The Commercial Appeal reports Bryant talked about the special session when he was in Oxford for a groundbreaking on an unrelated project. Bryant said he’s [...]

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Automaker’s workforce to get pay raise this fall

Associated Press — Thu, 11 Apr 2013 17:16:23 +0000

CANTON — Nissan Motor Co. will raise pay for its employees in Mississippi and Tennessee. The company has told its employees it will increase their wages starting in October at its Canton and Smyrna, Tenn., assembly plants, as well as its Decherd, Tenn., engine plant. Nissan says pay will go up by 55 cents an [...]

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Nissan-Canton bill passes but blocked from governor’s desk

Associated Press — Mon, 01 Apr 2013 11:47:35 +0000

CANTON — The Mississippi House Saturday passed a bill to help finance buildings for suppliers that might locate at Nissan Motor Co.’s plant near Canton. The bill was blocked from going to Gov. Phil Bryant immediately because some House members are seeking a second round of debate. Senate Bill 2920 would allow the Madison County [...]

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Legislators discussing bonds for Nissan or supplier

Associated Press — Wed, 27 Mar 2013 14:31:18 +0000

CANTON —-Mississippi lawmakers are considering giving a Madison County development agency $100 million in bonding capacity that would be used to construct buildings for Nissan Motor Co. or a supplier of the automaker. The Madison County Economic Development Authority would issue the taxable industrial development bonds, which the occupant would repay. Officials say that creditors [...]

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Union supporters say officials threaten to close Nissan plant

Associated Press — Wed, 30 Jan 2013 12:58:28 +0000

CANTON — Pro-union workers say Nissan Motor Co. has threatened to close its Canton assembly plant if workers vote for the United Auto Workers to represent them, though the company denies such threats. Such threats would violate federal law, which bars managers from telling employees they’ll close a plant in retaliation for a pro-union vote. [...]

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University, steelmaker strike new R&D partnership

MBJ Staff — Thu, 17 Jan 2013 16:38:43 +0000

STARKVILLE —Mississippi State University and steelmaker Severstal North America (SNA) has established a research partnership aimed at helping grow the region’s high-tech manufacturing economy and foster national and international participation in ferrous alloy education and development. MSU’s Center for Advanced Vehicular Systems and SNA recently launched the Steel Research Center to establish and operate a [...]

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