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Economic Development

March MDA trip aims to expand state's Israel business ties

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 will meet one-on-one with qualified ...

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Kicker: Mississippi Craft Center named one of top 10 in country

Julia Daily, executive director, Mississippi Craftsmen’s Guild, has traveled around the country to visit art galleries and craft centers like the one she oversees, the Mississippi Craft Center. She has found that the work of Mississippi artists and craftsmen compares favorably to the best in the nation. “I would place our artisans up against any in the country,” Daily said. ...

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Obama set to open up 38 million acres in Gulf to oil, gas exploration

The Washington Post reported Thursday that President Barack Obama says his administration will open a large swath in the Gulf of Mexico for oil and gas exploration and development, fending off criticism that his policies have stifled domestic energy production. Obama is discussing the sale of the oil and gas drilling leases for nearly 38 million acres in the Gulf. ...

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Iuka's J.P. Coleman State Park Wins Transient Boat Grant

Owners of large boats will soon have more choices for docking their boats for stays of 10 days or less in Mississippi, Alabama, Arkansas and Louisiana. Recreational parks in the three states are among the dozen winners of the U.S. Department of Interior’s “BIG Grant” competition for more than $7.5 million in grants. The Interior Department awarded the grants to ...

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CNBC: KiOR 'bleeding cash'

Update: Today (Jan. 27) KiOR announced that it has closed a $75 million four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian corporations owned by certain pension fund clients of Alberta Investment Management Corporation (AIMCo). KiOR is listed along with Achillion Pharmaceuticals, Sears Holdings and Rite Aid as companies that “are expected ...

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Carter Commentary: Getting us back to 'Made in America'

Is there an assembly line somewhere that turns out these tired opposition party responses to State of the Union addresses? Year after year, it doesn’t matter whether the chief executive delivering the speech is a Democrat or Republican, within minutes of the speech’s completion the worn-out rhetoric begins. Which brings us to Tate Reeves, Mississippi’s new lieutenant governor. The president, ...

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Prentiss lands precast concrete plant, 40 jobs

Prentiss will gain 40 jobs when precast concrete products manufacturer Foley Products Co. opens a plant in the Jefferson Davis County city later this year. The project represents a company investment of more than $7 million, officials said. The company’s new Prentiss location will enable the company to better serve its customers and allow for future growth, Foley Products said. ...

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Startup Weekend for entrepreneurs coming to Jackson

Startup Weekend Jackson to be held Feb. 10-12 at Millsaps College Startup Weekend is an intense 54-hour, high-energy event powered by the Kauffman Foundation that operates worldwide and brings together like-minded entrepreneurs for a weekend of company creation. As a nonprofit program, it is designed to build entrepreneurial communities and promote collaboration among entrepreneurs, programmers, developers, graphic artists and business-minded ...

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Wanted: Replacement for Parkway’s downtown leadership

The coming departure of Parkway Properties from Jackson leaves a leadership void for downtown causes, says Ben Allen, president of the Downtown Jackson Partners, a public-private partnership created to promote and facilitate downtown’s revitalization. Parkway’s executive corps brought a “care factor” that will be hard to replace, Allen said. “As far a losing the emotional capital, I can’t sugar coat ...

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Clarksdale’s new fixed-up look has a familiar face

Ten years after setting out to add a spark to downtown Clarksdale’s revitalization with the opening of the Madidi restaurant and Ground Zero Blues Club, Bill Luckett likes what he sees. “I’m very excited. There’s a lot of development of downtown Clarksdale going on now,” says Luckett, who figures he and business partner Morgan Freeman, the Academy Award winning actor, ...

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