Posts Tagged ‘expand’

The First buys Alabama bank for undisclosed sum

HATTIESBURG — The First Bancshares Inc. has acquired First National Bank of Baldwin County, Ala. Terms of the acquisition, announced yesterday, were not made public. Officials say the acquisition expands The First into Alabama with five new branches. The First will now have 24 locations in Mississippi, Louisiana and South Alabama. The First will now […] [...]

Museum set to show off $3 million worth of renovation

LAUREL — It’s the home stretch for the Lauren Rogers Museum of Art, with officials poised to unveil exciting new additions for next week’s 90th anniversary celebration. Last week, Jeannette Walker peered eagerly through the glass top of the doors leading from the museum’s American Gallery to the Stairwell Gallery. Fixed in her gaze was […] [...]

Lab plans major expansion, including education center

OCEAN SPRINGS — The Gulf Coast Research Laboratory is growing, with near-term plans to open an 8,300-square-foot, four-classroom and lab addition in May and long-term plans to erect an $18-million Marine Education Center. The Mississippi Press reports the Marine Education Center is the education and outreach arm of the lab, and both are part of […] [...]

EPA wants more information on proposed port expansions

GULFPORT — The federal government wants environmental studies on three projects related to the expansion of the state Port of Gulfport conducted so the impact on the entire Turkey Creek Watershed can be determined. The Environmental Protection Agency made those comments in a letter to the U.S. Army Corps of Engineers office in Mobile, Ala. […] [...]

Company to expand pipe plant; investment could reach $50M

HERNANDO — A German pipe maker is expanding in North Mississippi, announcing it will spend $30 million to $50 million on a pipe finishing facility in Hernando and create 70 new jobs. Schulz Xtruded Products is the Mississippi division of Wilh. Schulz GMBH, based in Krefeld, Germany. SXP has a plant in Tunica County that […] [...]

Jackson-based bank buying branch office in Oxford

OXFORD — Trustmark National Bank, a subsidiary of Trustmark Corporation, has signed a definitive branch purchase and assumption agreement pursuant to which it will acquire the two branches of SOUTHBank, F.S.B., serving the Oxford market. The agreement contemplates the assumption of selected deposit accounts of approximately $11.8 million as well as the purchase of the […] [...]

Manufacturer expanding plant, adding new jobs

PELAHATCHIE — Multicraft International, manufacturer and supplier of automotive components for domestic automakers, is expanding its operations in Pelahatchie to accommodate an increase in production. The project represents a company investment of $250,000 and will create 30 new jobs, according to the Mississippi Development Authority (MDA). “Multicraft is experiencing significant growth as U.S. manufacturing, particularly […] [...]

Mortgage tech company goes global with Brazilian office

OXFORD — FNC Inc., a mortgage technology company, took its operations global this week, officially opening an office in Sao Paulo, Brazil. Last fall, Sao Paulo-based Cetip — Latin America’s largest depository of fixed income securities — selected FNC to deliver a comprehensive collateral management solution for the Brazilian mortgage industry. “We at Cetip are […] [...]

Landscape architect opens office in N. Miss.

OXFORD — MRC Landscape Architecture has opened an office in Oxford. MRC provides landscape architectural and land planning services such as site planning, recreational design, public space design, and landscape design to design professionals, municipalities, developers, contractors, commercial businesses and residential clients in Mississippi and Alabama. The firm is led by principal landscape architect Matthew […] [...]

G-P planning seven-state expansion project

ATLANTA — Georgia-Pacific is developing plans for potential investments, which total nearly $400 million, in its plywood and lumber operations. The company has approved funding for significant engineering and is evaluating facilities in a number of southern states, including North Carolina, South Carolina, Georgia, Alabama, Mississippi, Arkansas and Texas. The effort would increase Georgia-Pacific’s overall […] [...]

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