Posts Tagged ‘economic development’

Two more malls approved for tax money to expand

FLOWOOD and RIDGELAND — Mississippi taxpayers could help pay for two more malls that squeezed in approvals before a law allowing sales tax subsidies expired June 30 The Mississippi Development Authority approved applications in June for $29.6 million in tax money to expand Renaissance at Colony Park in Ridgeland and $48.8 million to build Pinelands […] [...]

Judge rules against MDA’s regulations on offshore leases

GULF OF MEXICO — A Hinds County judge says the state must write a better economic impact statement on proposed offshore natural gas and oil exploration in parts of the Mississippi Sound before it can enact rules to lease areas that could be drilled. “A cursory reading of the EIS finds that it is severely […] [...]

Biofuel manufacturer KiOR begins layoffs at Columbus plant

COLUMBUS — Biofuel maker KiOR is laying off employees as it idles its Mississippi refinery, intensifying questions about the future of the cash-strapped company. The company said yesterday that it has cut 18 employees. KiOR, based in Pasadena, Texas, said 55 employees remain at the Columbus plant. “Given the company’s limited cash flow, we do […] [...]

MEI tour aims at landing chemical manufacturers

JACKSON — The Mississippi Energy Institute, partnering with the Mississippi Development Authority and seven local economic development organizations, recently led a tour from the Gulf Coast to the Delta evaluating potential sites for chemical manufacturing facilities. The MEI-led tour signaled the start of a marketing effort the organization hopes will lead to chemical manufacturing companies […] [...]

MDA to lead trade delegation to Southeast Asia

JACKSON — The Mississippi Development Authority will lead a delegation of Mississippi companies on a business development mission to Southeast Asia from Aug. 25-29. MDA officials say in a news release that the trip will include stops in the Philippines, Singapore and Vietnam. MDA executive director Brent Christensen says opportunities exist in the region for […] [...]

Magazine gives Silver Shovel to state for economic development efforts

JACKSON — Area Development magazine has unveiled the recipients of the 2014 Gold & Silver Shovel Awards. This year, five states — Texas, Georgia, Missouri, South Carolina, and Utah — are being awarded Gold Shovels in recognition of projects undertaken in 2013 creating a significant number of high-value-added new jobs as well as investment. Silver […] [...]

Cochran gains strong support at Delta Council; Gov. Bryant calls him ‘best for Mississippi’

By Ted Carter CLEVELAND, Mississippi – Thad Cochran’s visit here Friday for the close of the Delta Council’s 79th annual meeting netted him several standing ovations from an auditorium of invited guests and a declaration of support from Gov. Phil Bryant as “best for Mississippi.” The enthusiasm for Cochran ran counter to an electronic poll […] [...]

Amory boat maker expanding, adding 30 new jobs

AMORY — NauticStar will expand its Monroe County factory to build larger boats, adding 30 jobs. The recreational boat maker, which currently employs 130, announced its plans yesterday. The privately-owned 12-year-old company says it will invest $460,000 to add 20,000 square feet, connecting two buildings that currently total 160,000 square feet. NauticStar President Phil Faulkner […] [...]

Port officials find replacement tenant for Chiquita

GULFPORT — McDermott International will finish and spool pipe for oil and natural gas drillers at the Port of Gulfport, creating 100 jobs. The company said yesterday that it will lease space on the port’s East Pier for 10 years, with options for another 30 years. If the port gets environmental approvals from the U.S. […] [...]

Gaming world divided about Internet

BILOXI — One year ago, Internet gaming was about to make its big splash. New Jersey was on the forefront and some estimates put the potential revenue haul at $1.2 billion in the first year. Today, there is a shortage of players, a shortage of credit card companies participating and a lack of unity among […] [...]

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