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PMI shows state’s manufacturing sector expanding

June 18, 2014

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Manufacturing activity in the Southeast is still growing at a healthy level in spite of its first decline in the last three months, according to the Southeast’s Purchasing Managers Index (PMI) report released today by Kennesaw State University’s Econometric Center in the Michael J. Coles College of Business. The Southeast PMI decreased 3.4 points to […]

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Nissan sales in May set records

June 3, 2014

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CANTON, Mississippi — Nissan set a national sales records in May, and those results were reflected in production at its plant in Mississippi. Nissan Group in a news release today announced total U.S. sales for May of 135,934 units, an increase of 18.8 percent over last year and a May record. Sales of the Mississippi-built […]

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Boston firm buys majority interest in Ridgleland’s Bomgar

May 1, 2014

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From staff and special reports JACKSON, Mississippi – TA Associates, a leading global growth private equity firm with headquarters in Boston, has purchased a majority interest in Ridgeland-based Bomgar, a leading provider of enterprise remote support solutions. Additional terms of the investment were not disclosed. “We are very pleased to partner with an experienced investor […]

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Sanderson Plumbing Products to begin sizable layoffs next week

April 24, 2014

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COLUMBUS, Mississippi — Three-quarters of the 230-person workforce at bankrupt toilet seat maker Sanderson Plumbing Products will be out of a job by the middle of next weel unless an investor steps in with money to keep the company running. The layoffs likely would have occurred already but for a federally required 60-day plant closing […]

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Reeves talks shop with leaders of furniture industry

April 24, 2014

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Mississippi’s second-highest elected official believes he knows exactly what the furniture industry needs to be profitable. The Magnolia State can better encourage capital investment through improved education, low taxes and balanced budgets, said Lt. Gov. Tate Reeves at Mississippi State’s Furniture Summit. At the gathering yesterday, Reeves spent more than half his keynote speech emphasizing […]

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Tate Reeves to take part in CCIM panel on ‘State of Commercial Real Estate’

April 14, 2014

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Lt. Gov. Tate Reeves will join a panel of commercial real estate professionals Thursday for a discussion titled “The State of Commercial Real Estate.” The Mississippi Chapter of CCIM forum is from 2 p.m. to 5 p.m. at the Realtor Association building at 4274 Lakeland Drive, Flowood. Brian Estes, 2014 president of the Mississippi CCIM, […]

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Bryant signs tax apportionment bill MEC says will help fix ‘out of whack’ system

April 10, 2014

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  The Mississippi Economic Council capped off its annual luncheon Thursday with Gov. Phil Bryant’s signing of a tax apportionment law the business organization had proclaimed its top priority heading into the 2014 legislative session. Bryant, joined by Lt. Gov. Tate Reeves, signed House Bill 799 in the corridors of the Jackson Convention Center Complex […]

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Industry analyst Jeff Kagan gives Samsung Galaxy S5 thumbs up in initial review

April 9, 2014

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The Samsung Galaxy S5 is now available on AT&T Mobility, Verizon Wireless, Sprint, T-Mobile, C Spire and US Cellular. Industry analyst Jeff Kagan is testing a new Samsung Galaxy S5 and offers an initial comment and review. More to come after a more thorough review. To start let me say I predict this new Samsung […]

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Smithville to gain 40 jobs when furniture maker starts up, 40 more later

April 4, 2014

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SMITHVILLE, Mississippi – This tiny Northeast Mississippi community that knows tragedy and misfortune first hand had something to celebrate Friday with the announcement of 80 new jobs over three with the arrival of start-up furniture company Behold Home Inc. The good news comes just as Smithville heads toward the third anniversary of a E5 tornado […]

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Ergon buys N.C. terminal for undisclosed sum

April 2, 2014

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A Jackson-based company has made an acquisition in North Carolina that it says will play a big part in its future growth. Ergon Asphalt & Emulsions Inc. (EA&E) of Jackson has purchased all assets of the Wilson, N.C., asphalt terminal from Black Creek Terminal, LLC. EA&E acquired full ownership of the facility on April 1. […]

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