Posts Tagged ‘Tri State Brick & Tile’

Supreme Court ruling closes books on Tri-State Brick fued

Legal settlements upheld by an arbitrator remain valid regardless of whether the arbitrator made errors of fact or law, the Mississippi Supreme Court said in a late June ruling. Unless an arbitrator violates Mississippi’s arbitration law in deciding a dispute, the state can’t nullify his decision, the court said, emphasizing its finding was one it […] [...]

Read July 12 issue of the MBJ

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Everyone thought things were running smoothly for Tri-State

Up until 2007, Hilda Henne Abbot and her siblings thought fiscal management of Tri-State Brick & Tile was running as smoothly as the millions of dollars in automated equipment installed at the Forest Avenue brickyard in the previous years. Within a year, Abbot and brother Robert Henne and sisters Linda Henne and Jodie Henne learned […] [...]

Read September 10 issue of MBJ

>> EMPIRE CRUMBLES Full coverage of Tri-State Brick & Tile’s topple from the wall— by Ted Carter Also in this week’s paper: >>OUTDOORS Researchers at MSU to examine possible Tanglefoot development by Clay Chandler >> BEER Lucky Town Brewing Co. agrees to terms with contract brewer by Clay Chandler >> FACEBOOK Cities turning to social […] [...]

Trustmark feels pain of $10 million in bad debt after Tri-State Brick’s demise

Court documents describe the collapse of longtime Jackson company Tri-State Brick & Tile as a “Mississippi success story gone awry.” And a story in which a bank is left holding the bag — in this instance a very hefty bag. Trustmark National Bank’s foreclosure on Tri-State Brick & Tile came to a close with the […] [...]

Assessing Tri-State’s future (or lack of one)

Brick industry professional Pete Cieslak does not have a specific company in mind but says a buyer somewhere outside the South could conceivably have an interest in acquiring the defunct Tri-State Brick & Tile. It’s the kind of move that could get an outsider a foothold in the region, said Cieslak, president of the Brick […] [...]

Family fights for control of Tri-State Brick & Tile

Trustmark National Bank’s early July foreclosure of Tri State Brick & Tile left the founder’s splintered family little to fight over, but the Mississippi Supreme Court may still have to declare a symbolic winner in the years-long feud. The justices have been asked to decide whether Trustmark, as the major lender to the 66-year-old Forest […] [...]

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