Posts Tagged ‘food’

Cal-Maine sees better sales, net income

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has released its results for the third quarter and nine months ended March 1, 2014. Net sales for the third quarter of fiscal 2014 were $395.5 million, compared with net sales of $360.4 million for the third quarter of fiscal 2013. The company reported net income of $42.9 million, or $1.78 […] [...]

Pickering collects more money from failed beef plant project

OAKLAND — State Auditor Stacey Pickering has recovered an additional $48,933.35 as part of the long-term investigation into the failed beef processors plant in Yalobusha County, and has presented the check to State Treasurer Lynn Fitch. Since 2004, $617,115.86 has been returned to the state as part of this investigation. Additionally, six individuals have either […] [...]

Cal-Maine closes on acquisition of Delta Egg Farm

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has closed the previously announced acquisition of 50 percent of the membership interests of Delta Egg Farm, LLC from Sunbest Foods of Iowa Inc., a Moark, LLC affiliate. Delta Egg Farm owns and operates a feed mill and egg production complex with capacity for approximately 1.2 million laying […] [...]

Lawmakers believe disaster assistance will help oyster, crab industry

WASHINGTON, D.C. – U.S. Sens. Thad Cochran (R-Miss.) and Roger Wicker (R-Miss.) say they are optimistic that $10.9 million in disaster assistance awarded to Mississippi will help the state’s commercial oyster and blue crab industries recover from setbacks caused by flooding in 2011. Cochran, a senior member of the Senate Appropriations Committee, and Wicker, a […] [...]

Sales down, but net income up at Sanderson Farms

LAUREL — Sanderson Farms Inc. has released results for the first quarter of fiscal 2014 ended Jan. 31. Net sales were $584.9 million, compared with $595.8 million for the same period a year ago. For the quarter, Sanderson reported net income of $28.9 million, or $1.25 per share, compared with a net loss of $6.9 […] [...]

Cal-Maine buys remaining interest in Delta Egg Farm

JACKSON — Cal-Maine Foods Inc. has reached an agreement to acquire 50 percent of the membership interests of Delta Egg Farm, LLC from Sunbest Foods of Iowa Inc., a Moark, LLC affiliate. Cal-Maine currently owns the remaining 50 percent of Delta Egg Farm, so the entity will become a wholly owned subsidiary of the company. […] [...]

MarketMaker going global — Riverside Research hired to expand database

by Published: February 17,2014

Tags: agriculture, Business, food, marketing, Mississippi

The match-making program MarketMaker began humbly enough in Illinois as a way to help connect that state’s food-related industry to local markets. Over time, the database grew to include nearly half the states, including Mississippi through Mississippi State University, and the District of Columbia. However, a new day has dawned for the database MarketMaker — […] [...]

NEWK’S TURNS 10 YEARS OLD — Restaurant takes fast-casual to next level

by Published: January 31,2014

Tags: Business, food, Mississippi, restaurants

In June 2006, Chris Newcomb surveyed his newest Newk’s restaurant location in Flowood. The eatery that began in Oxford had come out of the gates running in 2004, and Newcomb made it clear that his mission was to see more Newk’s in more locales. When asked that day what his future plans were for the […] [...]

Young Mississippi restaurateurs carving careers

by Published: January 31,2014

Tags: Business, food, Gulf Coast, hospitality, Mississippi, restaurants

If you ask to see the owner at certain Coast restaurants, you may be surprised to find that four of them are in their early 20s. Consider Jourdan Nicaud. He opened his third restaurant this month at the age of 24. Brandon Atwell, Frankie Penn and Thomas Young are buddies from high school and they […] [...]

TED CARTER: Ego ahead of shareholders — the unfolding Whole Foods story

by Published: January 24,2014

Tags: Business, education, food, healthcare, Mississippi, Whole Foods

Don’t be surprised if national health care politics comes into play when Whole Foods Market opens its doors at Highland Village in Jackson Feb. 4. The man who co-founded the retailer of natural and organic foods and is today its co-CEO started it all by equating the Affordable Care Act to fascism and reportedly encouraging […] [...]

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