by MBJ Staff Published: September 16,2011
Tags: banking and finance, Banks, closures, consolidation, financial institutions, jobs, mergers and acquisitions, restructuring, sales, staff reduction
KOSCIUSKO — First M&F Corporation’s subsidiary, Merchants and Farmers Bank, has launched Project McKinley, a comprehensive strategic performance initiative including a branch consolidation plan that will result in the reduction or sale of six branches. The move comes as M&F seeks to improve efficiencies in preparation for navigating through current uncertain economic times and future [...] [...]
LONG BEACH — The Mississippi Department of Environmental Quality (MDEQ) is working with the City of Long Beach and the Harrison County Sand Beach Department to advise residents that a water contact closure has been issued for a section of beach in Long Beach. The City of Long Beach reported a sewer bypass discharging onto [...] [...]
GULFPORT — The Mississippi Department of Environmental Quality (MDEQ) is working with the City of Gulfport, the Harrison County Sand Beach Department and the Harrison County Utility Authority to advise residents that a water contact closure has been issued for a section of beach in Gulfport. The section extends from 41st Avenue near the West [...] [...]
FERNWOOD — Great American Wirebound Box Co. is preparing to close its manufacturing plant in the South Mississippi community of Fernwood. The plant makes wooden boxes and pallets. Britt Herrin, executive director of the Pike County Economic Development District, says company officials told him the plant will cease operations Dec. 31. The Enterprise-Journal reports that [...] [...]
PASCAGOULA — Northrop Grumman Corp. will close its Tallulah shipyard in Louisiana before the end of 2010, ending 95 jobs, and will lay off 110 workers at its Avondale yard, also in Louisiana, slated for closure in early 2013, the company said yesterday. Northrop Grumman said work will end around Oct. 29 at Tallulah, followed [...] [...]
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