Mississippi Business Journal » stimulus

Timber Products expanding its operations in Corinth

MBJ Staff — Mon, 25 Jun 2012 16:27:12 +0000

CORINTH — Timber Products Company, manufacturer of various wood products, is expanding operations at its hardwood plywood facility in Corinth by adding a clear ultraviolet plywood finishing process at the plant. The project represents a company investment of $350,000 and will create up to four new jobs and help retain the company’s 50 current employees, [...]

The post Timber Products expanding its operations in Corinth appeared first on Mississippi Business Journal.

State’s stimulus-funded jobs program ‘STEPS’ returns

MBJ Staff — Tue, 23 Aug 2011 12:53:18 +0000

JACKSON — The jobs program Mississippi STEPS: Subsidized Transitional Employment Program and Services, restarted yesterday and will run through Dec. 10. Employers who want to participate in STEPS 2 must enroll by Sept. 30 in order to take advantage of the full benefits of the program. This program, known as STEPS 2, will aid small [...]

The post State’s stimulus-funded jobs program ‘STEPS’ returns appeared first on Mississippi Business Journal.

Peoples Bank earns national attention for SBA lending

For the MBJ — Tue, 26 Apr 2011 19:51:59 +0000

MENDENHALL — It took an independent community bank to earn the State of Mississippi’s first honor as a National Lender of the Year as named by the U.S. Small Business Administration (SBA). Mendenhall-based Peoples Bank has been selected by the SBA to receive the Small 7(a) Lender award. This national award is presented to lenders [...]

The post Peoples Bank earns national attention for SBA lending appeared first on Mississippi Business Journal.

State SBA office reports yet another lending record

For the MBJ — Wed, 13 Apr 2011 18:11:13 +0000

JACKSON — Although only half through its fiscal year, the Mississippi U. S. Small Business Administration has already set a new lending record. On March 31, 460 loans were approved totaling $198,448,900. “That’s far more than the $123,422,551 small businesses received from Oct. 1, 2009 to March 31, 2010,” said Janita R. Stewart, SBA’s Mississippi [...]

The post State SBA office reports yet another lending record appeared first on Mississippi Business Journal.

Lawmakers want Barbour to divulge stimulus spending

Associated Press — Fri, 25 Mar 2011 12:08:02 +0000

JACKSON — Several lawmakers say it’s been difficult to get information from Republican Gov. Haley Barbour on how he’s spending nearly $50 million in federal stimulus money he’s allowed to use at his own discretion. Barbour’s office didn’t release details about this year’s allocation of his discretionary fund to The Associated Press until AP filed [...]

The post Lawmakers want Barbour to divulge stimulus spending appeared first on Mississippi Business Journal.

Johnson Construction lands stimulus-funded contract

For the MBJ — Fri, 18 Mar 2011 12:30:41 +0000

BRANDON — Johnson Construction has been awarded a contract by the State of Mississippi to oversee energy upgrades to various state-owned facilities throughout Mississippi. Terms were not disclosed. Through funding received from the American Recovery and Reinvestment Act, Mississippi will be making various improvements to state-owned facilities in an effort to better monitor energy consumption [...]

The post Johnson Construction lands stimulus-funded contract appeared first on Mississippi Business Journal.

SBA lending in state sets another record

Wally Northway — Thu, 13 Jan 2011 12:55:28 +0000

JACKSON — The U.S. Small Business Administration has guaranteed 324 loans for Mississippi small businesses totaling approximately $153.139 million during the first three months of fiscal year 2011. This represents a 60 percent increase in the number of loans approved and a 186 percent increase in loan dollars approved compared to the first quarter of [...]

The post SBA lending in state sets another record appeared first on Mississippi Business Journal.

Center gets stimulus funds for solar panels

Wally Northway — Thu, 06 Jan 2011 22:04:58 +0000

OXFORD — A renewable energy grant from the Mississippi Development Authority is helping the University of Mississippi’s Center for Manufacturing Excellence lead the way in using solar power. When the center is complete in spring 2011, the building will feature 414 photovoltaic solar panels, making it the largest roof-mounted, solar power complex in Mississippi. “That’s [...]

The post Center gets stimulus funds for solar panels appeared first on Mississippi Business Journal.

Barbour unveils new broadband availability website

Wally Northway — Tue, 14 Dec 2010 15:18:42 +0000

JACKSON — Gov. Haley Barbour recently unveiled a new “Broadband For Mississippi” website featuring a tool that outlines the availability of broadband across the state. The site is part of the state’s overall effort to increase high-speed Internet access to every community. The site, at www.broadband.ms.gov, allows Mississippians to learn more about broadband technology and [...]

The post Barbour unveils new broadband availability website appeared first on Mississippi Business Journal.

CBO: Bailout clipped taxpayers for $25B

Associated Press — Tue, 30 Nov 2010 13:24:38 +0000

WASHINGTON — Congress’ independent budget agency says the cost to taxpayers of the contentious $700 billion financial rescue has dwindled down to $25 billion. The Congressional Budget Office estimates that as of this month the government will recoup most of the money spent. The $25 billion represents unrecovered money spent to bail out insurance giant [...]

The post CBO: Bailout clipped taxpayers for $25B appeared first on Mississippi Business Journal.