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Toyota adding 125 jobs at Huntsville, Ala., engine plant
Toyota plans to expand its Huntsville, Ala., engine production facility by investing an additional $80 million and adding at least 125 new jobs, the company announced Friday. The expansion will bring total investment at Toyota’s Alabama plant to more than $700 million and the total number of jobs to more than 1,150. By spring of [...]
Continue reading...Companies in search of venture capital enter ‘Shark Tank’ Tuesday
17. May 2012
Three dozen Mississippi business innovators will pitch their ideas Tuesday at the “Shark Tank – New Venture Challenge” at the Jackson Convention Complex. This is the 5th annual venture capital challenge presented by the Mississippi Technology Alliance. Presentations will be from 1 p.m. to 5 p.m. and will conclude with a networking seminar at [...]
Continue reading...Barksdale comments on Christensen appointment
15. May 2012
Upon announcing the appointment of Brett Christensen to the directorship of the Mississippi Development Authority, Gov. Phil Bryant recalled joking about the salary with current interim chief Jim Barksdale. “I told (Barksdale) I would double what Leland Speed was making,” Bryant said. “Leland was making a dollar a year.” The governor has an eye for [...]
Continue reading...Pre-cast concrete supplier Foley begins work on Prentiss plant
14. May 2012
Pre-cast concrete supplier Foley Products Company broke ground Monday on a new 28,000-square-foot manufacturing plant in Prentiss that will create 40 new jobs The Jefferson Davis County facility represents a $7 million investment by Foley Products. Foley says its move into Mississippi will help the company better serve its customers and allow for future growth. [...]
Continue reading...Louisiana, Mississippi largest gainers in CEO business climate survey
2. May 2012
Louisiana and Mississippi are on a fast track toward gaining rankings as top places in the nation for doing business, a survey published in CEO Magazine found. While Texas continues to be the top-ranked, Louisiana and Mississippi showed the largest one-year gains in rankings, with the Bayou State climbing from number 27 to 13 and [...]
Continue reading...Opinion: Economic development can be a dirty word
1. May 2012
In the wake of the Mississippi Business Journal story this week that Mississippi and 28 other states are making no effort to determine the true returns their states are gaining from tax incentives granted businesses in exchange for promises of jobs and capital investments, it’s important to remember if you google “economic development benefits,” you’ll [...]
Continue reading...Development in distressed times is CCIM forum topic
25. April 2012
Development in a downturn will be addressed Thursday, April 26, when commercial real estate professionals from all corners of Mississippi gather in Jackson for a forum organized by the Mississippi Chapter of CCIM. Registration is still being accepted for the three-hour workshop titled “Development in a Downturn: From the Ground Up to Distressed Development.” The [...]
Continue reading...Alabama regaining jobs more quickly than Georgia or Mississippi
20. April 2012
Alabama still has some worrisome jobless numbers in many of its counties but its overall unemployment of 7.3 percent for March should make it the envy of the two states that it is sandwiched between — Georgia (9 percent unemployment for March) and Mississippi (9.5 percent unemployment for February). Though Georgia and Mississippi both have [...]
Continue reading...Business expansion, partnership create 60 jobs in Natchez
18. April 2012
Gov. Phil Bryant and officials with the Blaine Companies and Fores Canada Inc. announced the creation of 60 new jobs for Natchez and Adams County. The two companies are partnering to produce and strengthen frac sand. Frac sand is used by the oil and gas industry for hydraulic fracturing of conventional and unconventional reservoirs, such [...]
Continue reading...Former secretary of state, KiOR board member Condoleeza Rice visits Mississippi
18. April 2012
Former secretary of state and national security adviser Dr. Condoleeza Rice stopped at Mississippi College yesterday to visit with students and attend a fundraising dinner. The nation’s chief diplomat under President George W. Bush talked about her early interest and work on Soviet-American relations and the complex relationship the U.S. maintained with Russia following the [...]
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- Toyota adding 125 jobs at Huntsville, Ala., engine plant
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- Companies in search of venture capital enter ‘Shark Tank’ Tuesday
- Where you @?
18. May 2012
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