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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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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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Deadline set for offers on Tupelo’s Lane Furniture plant

March 27, 2014

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  June 19 is the deadline that has been set for offers on bankrupt Furniture Brand’s 430,000 square-foot manufacturing/distribution facility and data center in Tupelo. Property disposition specialist Hilco Real Estate is marketing the Tupelo plant along with 16 Furniture Brands properties involved in the Furniture Brands International bankruptcy case. The portfolio of Thomasville and […]

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Watkins’ defense says Hosemann’s claims are ‘absurd’

March 25, 2014

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Delbert Hosemann

David Watkins, the president of Watkins Development, has responded to the finding of the Secretary of State Office’s hearing officer, attorney Robert Bailess of Vicksburg, and the affirmation of that finding by Secretary of State Delbert Hosemann. Speaking through his spokesperson, lawyer Lance Stevens, the Watkins defense team states: “The finding of the hearing officer […]

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Toilet seat maker pitching potential buyers as shutdown looms

March 18, 2014

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A bankrupt toilet seat maker which a dozen years ago was Columbus’ largest manufacturing employer has told workers it will close at the end of April if it does not find a buyer by then. But that date announced by Sanderson Plumbing Products may not be as firm as it sounds, said Joe Max Higgins, […]

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Bill’s demise ends state pot sweeteners for retail development

February 14, 2014

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Mississippi’s tourism tax development incentives failed to gain enough legislative support for renewal this week and will expire July 1, ending the state’s practice of awarding tens of millions of dollars as incentives for development of shopping malls and retail plazas. The Mississippi Development Authority so far has awarded up to $155 million in potential […]

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MDA selects nine industrial sites for matching development grants

February 13, 2014

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JACKSON, Mississippi — The Mississippi Development Authority has awarded nine site development grants to economic development entities throughout the state. The matching grant program assists nonprofit economic development organizations or local governments in preparing available greenfield sites for industrial development. The program is open to all economic development organizations and units of local government. The […]

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New bid for moving state offices into Jackson’s CBD passes first test

January 28, 2014

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JACKSON, Mississippi — A revived move to consolidate far flung state government office space into Jackson’s Central Business District won unanimous approval Monday afternoon from the Senate Public Property Committee. The bill’s main selling point is the prospect of shaving around $5 million a year off the state’s current $16 million annual leasing costs, as […]

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Senate task force finds plenty of road, bridge problems but no money for fixes

January 22, 2014

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By Bobby Harrison Daily Journal Jackson Bureau JACKSON, Mississippi– A task force created by the 2013 Senate has concluded that the state does not generate enough revenue to take care of its transportation needs. But the task force, which completed its work Tuesday, did not recommend any method to pay for those needs. Senate Transportation […]

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Mississippi losing J.C. Penny stores in Gautier, Natchez in new round of closings

January 15, 2014

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J.C. Penny stores in Gautier and Natchez are among the 33 stores the troubled retailer is closing, the company says. The Gautier store is at Singing River Mall and the Natchez store at Natchez Mall. The department-store operator says it will cut 2,000 jobs as part of the closings as it tries to turn around […]

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