Business Blog

he Mississippi Development Authority (MDA) will lead a delegation of state business leaders on a business development mission to Tel Aviv, Haifa and Jerusalem, Israel from March 17-22. The trip is designed to connect Mississippi businesses looking to expand trade and create business relationships with opportunities in Israeli markets. During the business development mission, delegates [...]

From the Mississippi Development Authority: Kimberly-Clark Corporation [NYSE: KMB] has announced it is locating a distribution facility in Southaven, Miss.  The company’s Southaven distribution center will employ more than 100 workers and represents a capital investment of approximately $2 million. “I am pleased Kimberly-Clark is expanding its business presence in Mississippi,” Governor Phil Bryant said. [...]

The Mississippi Development Authority announced this afternoon that Rolls-Royce North America has added a second jet engine test stand at the John C. Stennis Space Center in Hancock County. MDA says the $50 million project will create 35 new jobs. FROM THE MISS. DEVELOPMENT AUTHORITY Today,  Governor Barbour announced that Rolls-Royce North America is adding [...]

JACKSON — Governor-elect Phil Bryant appointed Jim Barksdale Interim Executive Director of the Mississippi Development Authority today. Barksdale, former President and CEO of Netscape Communications Corp., will succeed Leland Speed as chief of the agency that leads Mississippi’s economic development efforts. “When I campaigned for governor, economic development and job creation were cornerstones of my [...]

In an election year when politics dominated headlines, perhaps Chuck Jordan’s sweeping victory in the Greenville mayoral race topped them all. In a surprising landslide victory, banker-turned-politician Jordan took more than 64 percent of the vote to become Greenville’s next mayor. Not only was this his first political campaign, Jordan, a white, took 40 percent [...]

Today, there is a warning on the Mississippi Department of Transportation’s website about icy accumulation in North Mississippi. It is for the I-55 bridge over the Coldwater River in DeSoto County. However, it would appear that the really slick ice in DeSoto County is at the Southaven Mayor’s Office. >> SEE RELATED STORY FROM THE [...]

TCI Realty of Dallas, a prospective partner with the City of Jackson on a convention center hotel, is racing the clock to gain a $70.1 million share of Mississippi’s tax-exempt Gulf Opportunity Zone bonds before they expire Dec. 31. Meanwhile, the nearly $100 million project faces a council increasingly skeptical about inheriting a development partner [...]

Grenada Stamping and Assembly is adding 50 jobs in an expansion of its solar panel-related stamping business. The company said the $500,000 investment is designed to accommodate the rapid growth of the solar panel-related stamping segment of its business. Grenada Stamping and Assembly has added more than 90 jobs since January 2010. This latest expansion [...]

Every year, hunters flock to the Delta to take advantage of some of the best public hunting land in the state offered by the Mississippi Department of Wildlife, Fisheries & Parks’ wildlife management areas (WMAs) and the U.S. Fish & Wildlife Service’s Theodore Roosevelt National Wildlife Refuge Complex. This year, however, hunters are wondering if [...]

The tiny community of Sherman, Miss., Pontotoc County has landed a large supply chain operator that will provide warehousing and storage services to Toyota and its supply base, as well as a full-service truck maintenance operation. The community of fewer than 650 residents will gain 100 new jobs over the three years from a KC [...]