by Associated Press Published: January 4,2013
Tags: acquisition, appliance, buy, kitchen appliance, manufacture, manufacturer, manufacturing, market, merger, plant, purchase, sale, sell
GREENWOOD — The new owner of Viking Range says it is on a fast track to increase the company’s market share and profit margins. The Greenwood Commonwealth reports the plans were outlined this week by Selim A. Bassoul, Middleby Corp.’s chairman and CEOl. Middleby paid $380 million for Greenwood-based Viking Range. Fred Carl Jr., Viking’s [...] [...]
by Associated Press Published: January 2,2013
Tags: commercial fishing, crustacean, federal, government, import, market, petition, price, seafood, shrimp, shrimper, shrimping, subsidized, subsidy
GULF OF MEXICO — Shrimpers have filed petitions with the federal government seeking relief from subsidized shrimp imports. The move came several weeks after Gulf of Mexico shrimpers hailed a House bill that included a provision to increase U.S. Customs and Border Protection’s powers to combat illegal imports. The Coalition of Gulf Shrimp Industries filed [...] [...]
WASHINGTON, D.C. — U.S. Sen. Thad Cochran (R-Miss.) expects Mississippi will benefit from Senate passage of legislation to expand trade relations status to Russia. The legislation (HR.6156) also links Russia’s trade status with the United States to fundamental human rights compliance. The Senate approved the measure on a 92-4 vote, clearing the way for it [...] [...]
by Associated Press Published: November 1,2012
Tags: chamber of commerce, diplomate, elected official, executive, export, exporter, exporting, foreign market, governor, import, importer, importing, international relations, international trade, market, public official, state government, trade
JACKSON — Gov. Phil Bryant and a Canadian diplomat are urging Mississippi’s business community to look north for trading opportunities. Stephen Brereton, Canada’s consul general in Atlanta, spoke before the Mississippi Economic Council yesterday at its annual Hobnob event in Jackson. The Canadian ambassador to the United States, Gary Doer, had been scheduled to attend. [...] [...]
by MBJ Staff Published: October 30,2012
Tags: coal, electricity, energy, foreign market, gasification, international market, international sales, market, marketing, sales, utility
ATLANTA — Southern Company, through subsidiary Southern Generation Technologies, LLC, and KBR, LLC of Houston, Texas, have formed an alliance to market the coal technology transport integrated gasification (TRIG) to power companies worldwide. Through this partnership, Southern Company and KBR will contribute their technical and marketing expertise, respectively, capitalizing on each company’s strengths in expanding [...] [...]
by MBJ Staff Published: October 24,2012
Tags: agriculture, demand, farm, farmer, farming, food, grow, grower, growing, harvest, market, nut, Pecan, price, tree, yield
ACROSS MISSISSIPPI — With prices and demand for the state’s pecans high, this year’s predicted average to above-average yield is good news for growers. The U.S. Department of Agriculture estimates the 2012 crop will yield 2.5 million pounds of pecans. While this yield is down significantly from the 5 million pounds harvested in 2011, it [...] [...]
by MBJ Staff Published: September 24,2012
Tags: agriculture, anticiaption, commodity, crop, dry, farm, farmer, farming, forecast, grain dsorghum, harvest, market, rain, row crop, Weather, yield
ACROSS MISSISSIPPI — Timely rains followed by sunny days provided optimal growing conditions for Mississippi’s grain sorghum crop, and yields may be higher than anticipated. Mississippi producers planted about 63,000 acres in grain sorghum in 2012, up from 50,000 acres in 2011. The state ranked No. 8 nationally in grain sorghum production in 2011. Erick [...] [...]
by MBJ Staff Published: September 24,2012
Tags: agriculture, commodity, crop, farm, farmer, farming, harvest, market, price, record, rice, row crop, yield
ACROSS MISSISSIPPI — Mississippi producers have the bulk of the state’s rice crop safely in storage, and yields may approach the record set in 2007 of 160 bushels an acre. Nathan Buehring, rice specialist with the Mississippi State University Extension Service, said September’s weather was nearly ideal for rice harvest. “Isaac slowed us down and [...] [...]
by MBJ Staff Published: August 30,2012
Tags: economy, home, house, market, price, real estate, recession, residence, resident, residential
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values continue to gain traction amid signs of slower economic growth and a stagnant labor market. Home prices rose again in June for the fourth consecutive month. Nationwide, June home prices — based on recorded sales of non-distressed properties (existing and new [...] [...]
by Associated Press Published: August 28,2012
Tags: agriculture, Chicken, food, income, loss, manufacture, manufacturer, manufacturing, market, poultry, price, proccessing, proccessor, publicly traded company, revenue
LAUREL — Sanderson Farms Inc. reported net income of $28.7 million for its fiscal third quarter, a turnaround from a loss a year ago, as improved market conditions boosted revenue 22 percent. The results beat Wall Street expectations, and its shares jumped almost 6 percent in premarket trading. The Laurel, Miss.-based chicken producer cautioned that [...] [...]