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Economic Development

Cleaning without toxics a draw for customers of Freedom Cleaning

By BECKY GILLETTE Jacqueline Lee, 31, earned a degree in photojournalism from the University of Southern Mississippi (USM) in 2006. In 2011, Lee was in between jobs and looking at a source of income where she could be self-employed. She took an accounting class at USM, and decided she wanted to try her hand as a small business owner. » ...

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Electric car maker GreenTech lays off Mississippi workers

Electric car maker GreenTech Automotive has laid off some or all employees at its Mississippi Delta plant. Mississippi Department of Employment Security spokeswoman Dianne Bell told The Associated Press Thursday that the agency has been told GreenTech is “shutting down” in Tunica County. GreenTech didn’t return requests for comment. GreenTech owes Mississippi $2.85 million, after making an overdue $150,000 loan ...

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Cold start to year pushes large number of ducks into Delta

Mississippi officials say cold weather last week resulted in the highest count of ducks in the state since at least 2005. The Department of Wildlife, Fisheries, and Parks released survey numbers Thursday, part of a nationwide count. The aerial survey estimates there were 1.44 million total ducks and 678,000 mallards in the Mississippi Delta during the counting period. Waterfowl Program Coordinator Houston ...

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GOP state Rep. Barker running for mayor of Hattiesburg

Third-term Republican state Rep. Toby Barker says he is running for mayor of Hattiesburg. The city’s Democratic mayor, Johnny DuPree, said months ago that he will seek a fifth term this year. The Hattiesburg American reports Barker announced his candidacy in a news release Thursday. He says he wants to unify the city by focusing on “quality education, state-of-the-art infrastructure ...

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New steakhouses heading to Coast

By LISA MONTI In the heart of the seafood loving Mississippi Coast, where menus tend to be top- heavy with shrimp, oysters, crabs and fish dishes, a couple of new restaurants are specializing in sizzling steaks served with traditional sides and top brands of wine and liquor. In Pass Christian, restaurateur Thomas Genin has opened a small steakhouse on the ...

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State wins ‘deal of year’ for landing Continental

Mississippi has been awarded Business Facilities’ 2016 Economic Development Deal of the Year for recruiting Continental Tire’s commercial vehicle tire manufacturing plant to Hinds County. Continental Tire announced in February 2016 it will locate in Mississippi, a $1.45 billion investment creating 2,500 jobs over the next decade. In addition, the project is estimated to create 2,740 indirect and more than ...

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DENNIS SEID: Toyota has reasons for building elsewhere

Last week, President-elect Donald Trump tweeted that if Toyota goes ahead with plans to build the Corolla sedan at a new factory in Mexico instead of the U.S., it could be hit with a “big border tax” when the cars are shipped north. But Toyota – and other automakers – have their reasons for spreading the wealth when it comes ...

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State leaders ponder roads and bridges funding

By JACK WEATHERLY Gov. Phil Bryant and House Speaker Philip Gunn on Thursday told the Mississippi Economic Council that they are open for finding a way to fund a major overhaul of the state’s roads and bridges. But, as they have said numerous times before, neither Bryant nor Gunn favored raising it through increased taxation. Gunn said that as of ...

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COMMERCIAL FINANCE 701 — The outlook in Mississippi for 2017

Michael Lewis’ new book – The Undoing Project – should be the starting point for any projections about commercial finance in Mississippi during 2017.  The book underscores our defective reasoning process that routinely (1) underestimates uncertainty, (2) places too much weight on limited observations, and (3) ignores biases.  With those caveats in mind, we guesstimate the outlook for commercial finance ...

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No plans for future Mississippi picnics in NYC, group says

Organizers say they are not planning to continue the annual picnic that brought Mississippi catfish and blues to New York. The Sun Herald reports The New York Mississippi Society made the announcement on its website. The group says for 36 years, the Mississippi picnic “has been wonderful and a positive thing for all those involved.” But, it says with competition ...

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