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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...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...AG Reaches Settlement in Beef Plant Litigation
16. April 2012
Mississippi has settled its lawsuit against the Facility Group for negligence regarding the design and completion of the failed beef plant project, announced Attorney General Jim Hood today. Full release from Attorney General Hood’s office: The Attorney General’s Office has recovered for the State $3,965,000, which is the maximum possible recovery available under the Facility [...]
Continue reading...Innovative business ideas to take stage at Tech Alliance’s Venture Challenge
12. April 2012
The Mississippi Technology Alliance (MTA) will present the Fifth Annual Mississippi New Venture Challenge May 22 at the Jackson Convention Complex. The New Venture Challenge is a business plan competition that provides an opportunity for aspiring innovators and technology entrepreneurs to pitch their business plan in a rapid-fire format to a panel of angel investors [...]
Continue reading...Cathead Launches Honeysuckle Vodka
6. April 2012
The first legal distilled spirit in the state of Mississippi, Cathead Vodka, has launched Cathead Honeysuckle flavored vodka, new to the U.S. market. Cathead Honeysuckle will hit shelves throughout the South later this spring and the company says, “it is a unique, southern-crafted spirit made from all-natural ingredients.” From press release: Produced by Bottle Tree [...]
Continue reading...Biloxi’s WLOX-TV inks affiliation deal with CBS
29. March 2012
BILOXI — CBS and WLOX-TV in Biloxi, Miss., have signed an affiliation agreement. WLOX-CBS will be on a digital sub-channel of WLOX and will be viewed over the air, on cable and satellite, CBS said in a statement Wednesday. The affiliation is effective April 8. David Vincent, vice president and general manager of WLOX, says [...]
Continue reading...Clarksdale’s Saf-T-Cart having growth spurt, adding 20 jobs
27. March 2012
Saf-T-Cart, manufacturer of steel welding carts that transport and store oxygen and acetylene tanks, is expanding in Clarksdale to meet production demands. The company of 55 workers will add 20 workers with the expansion. The project represents a company investment of $240,000 as well as $300,000 in Mississippi Development Authority-sponsored Community Development Block Grant (CBG) [...]
Continue reading...Foreign car makers getting dragged into fray over immigration
16. March 2012
The Mississippi Legislature’s expected approval of a stringent anti-immigration law that easily passed the state House Wednesday night could become causes of concern in the Tokyo board rooms of Toyota and Nissan, which have manufacturing plants in Mississippi. This is because the foreign car manufacturers can expect pressure from groups questioning the companies’ silence on [...]
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18. May 2012
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