Tag Archives: Mississippi Development Authority

Whitehurst: Oysters, rivers and state government contradictions

February 4, 2015

0 Comments

Mississippi Gov. Phil Bryant recently announced the formation of the Governor’s Oyster Council to help the coast’s oyster industry restore a fishery that has been hurt and diminished over just a few years by hurricanes, the BP drilling disaster and its aftermath, and oyster reef mortality due to salinity changes. The fresh water from rivers feeding […]

Continue reading...

Winston Plywood breaks ground at site of new manufacturing facility in Louisville

January 31, 2015

0 Comments

LOUISVILLE — Officials from Winston Plywood and Veneer, manufacturer of specialty plywood products, gathered Friday for a groundbreaking ceremony at the site of the company’s new manufacturing facility in Louisville. The project represents an investment of approximately $50 million and they expect to create 400 new jobs. In April 2014, a tornado destroyed the company’s facility […]

Continue reading...

Von Drehle locates paper machine facility in Natchez.

January 26, 2015

0 Comments

NATCHEZ — Von Drehle, a paper products supplier, has broken ground on a paper machine facility in Natchez. The groundbreaking was held Monday. Von Drehle acquired the former Mississippi River Pulp facility in 2013. The project represents an estimated $100 million incorporate investment and will create at least 100 jobs with the potential to increase […]

Continue reading...

MDA grants KiOR forbearance after biofuels maker defaults on payment

July 3, 2014

0 Comments

COLUMBUS, Mississippi — In a sign that biofuel maker KiOR Inc.’s money troubles aren’t letting up, the start-up company will make a $250,000 forbearance payment to the Mississippi Development Authority in exchange for 120 days to get current on its nearly $70 million debt to the MDA. KiOR defaulted on a $1.87 million payment that was […]

Continue reading...

Ayrshire announces third expansion of Corinth plant

June 24, 2014

0 Comments

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 […]

Continue reading...

MDA to sponsor ISPS Handa Cup at Old Waverly

June 4, 2014

0 Comments

mda-logo-web-blk

One of Mississippi’s most venerable golf courses will soon play host to legends, and the state is throwing in its support. The Mississippi Development Authority will help sponsor the ISPS Handa Cup, the longest-running tournament on The Legends Tour, at Old Waverly Golf Club. Pitting a team of 12 U.S.-born LPGA Legends against a team […]

Continue reading...

Tower International expanding operations in Meridian

May 29, 2014

0 Comments

Special to the MBJ MERIDIAN, Mississippi – Gov. Phil Bryant and officials from Tower International, Inc. announced today the company is expanding operations at its facility in Meridian. The project represents a corporate investment of more than $15 million and will create 83 jobs. Tower International is a global manufacturer of engineered automotive structural metal […]

Continue reading...

TanTec Leather to locate tannery operations in Vicksburg

May 12, 2014

0 Comments

VICKSBURG, Mississippi — Gov. Phil Bryant and officials from ISA TanTec announce the company is locating its first U.S. tannery operations in Vicksburg. The project, which will be known as Mississippi TanTec Leather, Inc., represents a $10.1 million corporate investment and will create 366 new jobs. German-owned TanTec is recognized by the world’s top footwear […]

Continue reading...

Sanderson Plumbing Products to begin sizable layoffs next week

April 24, 2014

3 Comments

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 […]

Continue reading...

Toilet seat maker pitching potential buyers as shutdown looms

March 18, 2014

2 Comments

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, […]

Continue reading...