Tag Archives: Economic Development

Pew issues a report on incentives programs in Miss., 9 other states.

January 23, 2015

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The Pew Charitable Trusts issued on Friday a report about the fact that 10 more states, including Mississipppi, have put into place a system for evaluating the effectiveness of incentives programs for enticing industry to locate in the state. The Mississippi Legislature last year passed legislation and Gov. Phil Bryant signed it into law. Pew, […]

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Furniture maker to make announcement

January 22, 2015

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Gov. Phil Bryant and United Furniture Industries officials will make an announcement at 11 a.m. Monday in Verona, according to news release from the Mississippi Development Authority. United announced in December that it had bought a 475,000-square-foot building formerly owned by Lane Furniture Industries. United said at the time that the facility would be used […]

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US gains 252K jobs; unemployment rate falls to 5.6 pct.

January 9, 2015

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WASHINGTON — The United States capped its best year for hiring in 15 years with a healthy gain in December, and the unemployment rate hit a six-year low. The numbers support expectations that the United States will strengthen further this year even as overseas economies stumble. The Labor Department said Friday that employers added 252,000 […]

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Ayrshire announces third expansion of Corinth plant

June 24, 2014

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An electronics manufacturer that bought a plant earmarked for closing six years ago is expanding again. Ayrshire Electronics, a full-service electronics manufacturing company, is expanding operations at its facility in Corinth to accommodate an increase in production. The project represents a $100,000 corporate investment and will create 25 new jobs. In 2008, Louisville, Ky.-based Ayrshire […]

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Kemira expanding dry polymer manufacturing operations in Aberdeen

May 14, 2014

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Officials from global chemicals company Kemira announce the company is expanding its dry polymer manufacturing operations in Aberdeen. The project represents a corporate investment of $13.9 million and will create six direct jobs. “Kemira is very pleased with our recent acquisition of the Aberdeen site, and we are quickly implementing our first expansion project to […]

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Kemper overruns drag down Southern Co. stock

May 5, 2014

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JACKSON, Mississippi — Troubles at the Kemper County power plant that Mississippi Power Co. is building are so great that they’re dragging down the stock of parent Southern Co. Company stock has fallen four straight days since Southern disclosed another $196 million in overruns related to higher construction costs and delays in the project. Mississippi […]

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Ex-housing official, Ann Jefferson, loses appeal

May 1, 2014

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JACKSON, Mississippi — A federal appeals court has upheld the conviction of a former executive director of the South Delta Regional Housing Authority and her 32-month prison sentence. The ruling was issued Thursday by a three-judge panel of the 5th U.S. Circuit Court of Appeals in New Orleans. » READ MORE about this story … […]

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Reeves talks shop with leaders of furniture industry

April 24, 2014

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Tate Reeves

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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Delta State president takes an active recruiting role

March 31, 2014

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Bill LaForge

By Chris Kieffer, Daily Journal TUPELO – The new president of Delta State University has spent much time on the road recently, actively working to attract students to the regional university. Bill LaForge, who has been on the job since April 15, visited Lee County on Thursday, making recruiting trips to Baldwyn, Saltillo and Tupelo high […]

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Tupelo: No. 2 micropolitan in industry growth

March 4, 2014

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By Robbie Ward TUPELO – New and existing industry activity in Tupelo’s micropolitan area in 2013 created more than 900 new jobs and involved more than $78 million in capital improvements, enough to earn the second highest ranking in the nation. Site Selection magazine released the annual ranking Monday of micropolitans, a list of 576 […]

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