Posts Tagged ‘economic development’

County to ask if it can use unspent hurricane recovery money

BAY ST. LOUIS — Hancock County officials will ask the state for permission to move $1.6 million in unused hurricane recovery funds to help support other projects. The largest amount of unused cash is in the government annex facility fund. Other projects which had additional cash include the Lakeshore Community Center, the Stennis Airport Hangar […] [...]

Highway 6’s bad bridges getting ‘short-term’ fix

by Published: November 10,2014

Tags: Business, economic development, Mississippi, NEWS, transportation

Staff and Wire Reports Mississippi Department of Transportation crews have made temporary repairs to several Mississippi Highway 6 bridges between Batesville and Clarksdale. MDOT has raised posted weight limits on the bridges after replacing and constructing additional shoring of numerous timber pilings which support the bridge, the Associated Press reports. Commercial vehicles, such as empty […] [...]

KiOR could owe state entire $69.4M debt plus interest

COLUMBUS — Mississippi has warned biofuel maker KiOR that it could demand immediate repayment of the company’s entire $69.4 million debt to the state, plus $8 million in interest, if the company doesn’t make its loan payment before a grace period runs out. Marlo Dorsey, a spokeswoman for the Mississippi Development Authority, said the state […] [...]

Hessell finally has ‘interim’ removed from title at HCDC

GULFPORT — Bill Hessell can drop the interim tag from his job with the Harrison County Development Commission. Hessell started at the HCDC in 2004 as interim director and became interim director again when Director Larry Barnett left for a job in Texas. He took over as full-time director this month. The HCDC is the […] [...]

Villa International sites RV furniture factory in Belmont

BELMONT — A California company will open a recreational vehicle furniture factory in northeast Mississippi, with plans to hire 75 employees over five years. Villa International, based in Cerritos, California, will invest $250,000 to expand into Tishomingo County. It will pay an average annual salary of $35,360. The Mississippi Development Authority will loan Tishomingo County […] [...]

Mars Food expanding Delta plant; investing $31M and adding jobs

GREENVILLE — Mars Food, which makes Uncle Ben’s Rice and other products at its Greenville plant, will invest $31 million to modernize operations and expand research at the plant. The company plans to add 25 jobs to the current 226 full-time and 230 contract workers at the 35-year-old operation. New production workers are expected to […] [...]

Texas company sites warehouse/plant in Southeast Mississippi

SUMMIT — A Houston oil-field services company is locating a new facility in Summit that will warehouse and eventually manufacture drilling fluids for oil drillers in the Tuscaloosa Marine Shale formation. Newpark Drilling Fluids officials say the project will create 40 new jobs. Tuscaloosa Marine Shale formation is located in southwest Mississippi and central Louisiana. […] [...]

Ice Industries expanding Grenada plant, adding 50 jobs

GRENADA — Ice Industries Grenada says it is adding 50 jobs and investing $1.8 million in an expansion. The announcement was made yesterday in Grenada by Gov. Phil Bryant and company officials. The unit of privately-held ICE Industries of Sylvania, Ohio, says it’s making infrastructure upgrades, overhead crane improvements, and shipping and safety enhancements. New […] [...]

MSU dedicates research center to ex-President Portera

STARKVILLE — Mississippi State University will dedicate a new research center for former school president Malcolm Portera. The Malcolm A. Portera High Performance Computing Center will be located in the Thad Cochran Research, Technology and Economic Development Park. The dedication is scheduled for 3 p.m. tomorrow. In addition to Portera, other speakers will include current […] [...]

KiOR denies ex-director’s claims of problems with company’s technology

COLUMBUS — A former director of biofuel maker KiOR says he tried to warn other board members about problems with KiOR’s technology to turn wood chips into an oil substitute, claims that could damage the company’s defense in shareholder lawsuits and a Securities and Exchange Commission investigation. KiOR denies Paul O’Connor’s claims, saying he was […] [...]

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