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Economic Development

Beneke’s acquisition of Sanderson Plumbing Products saves 400 jobs

In a move that ensures Sanderson Plumbing Products Inc. will remain in Columbus and keep its 400-person workforce intact, Beneke Magnolia Inc. has acquired the 110-year-old maker of toilet seats. The Mississippi Development Authority provided the locally-owned Beneke Magnolia a $2.5 million loan to assist with the acquisition. The MDA made the loan through its Existing Industry Loan Program. The ...

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Foreign car makers getting dragged into fray over immigration

The Mississippi Legislature’s expected approval of a stringent anti-immigration law that easily passed the state House Wednesday night could become causes of concern in the Tokyo board rooms of Toyota and Nissan, which have manufacturing plants in Mississippi. This is because the foreign car manufacturers can expect pressure from groups questioning the companies’ silence on the issue in Mississippi at ...

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Mississippi jobless rate 9.9 percent for January

Mississippi’s job picture continued to be a bleak one through January, according to the Mississippi Department of Employment Securities, which put the adjusted rate at 9.9 percent. All but 21 of the state’s 81 counties reported double-digit unemployment, with Holmes County continuing to have the highest rate of jobless residents at 18 percent, followed by Tunica and Clay counties at ...

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Hope Credit Union making Utica stay permanent

Utica residents will soon be banking at a familiar location – the former BancorpSouth building at 106 W. Main St. BancorpSouth left the Hinds County town last August as part of a branch reorganization that involved closing 23 locations. Hope Credit Union (HOPE) stepped in soon after and set up account-opening services in City Hall before later moving to a ...

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Abandoned sites in Gulfport, Canton added to Superfund list

Two closed manufacturing sites in Mississippi have been added to the Environmental Protection Agency’s Superfund list. Chemfax Inc. was a manufacturer of synthetic resins and waxes in Gulfport. Southeastern Wood Preserving was a wood treating operation in Canton. They are among four new Superfund sites the EPA announced Tuesday. The others are in Florida and North Carolina. The EPA’s Superfund ...

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Ms. immigration law would exempt foreign business execs

Mississippi’s anti-immigration legislation mirrors Alabama’s year-old law in most every way except for whom it exempts. HB488, the strict papers-please law winding its way through the Legislature, gives a hall pass to business execs whose companies are authorized to do business in the Magnolia State. The “no papers, no problem” provision for international business executives is designed to help Mississippi ...

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CONSTRUCTION — Keesler and Habitat for Humanity decide to 'LEED and they will follow'

The $287-million project to replace family housing at Keesler Air Force Base after Hurricane Katrina in 2005 was not only the largest housing construction project in Air Force history. It also became what was at the time the largest project in the country to receive Leadership in Environment Design (LEED) Silver certification for advances in energy conservation and other sustainable ...

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Enhancing small business exporting is Trade Expo goal

The Mississippi Development Authority (MDA), along with the Mississippi World Trade Center and the U.S. Small Business Administration, will host the 2012 Gulf States Trade Alliance Annual Export Conference from April 10-12 at the Beau Rivage Resort and Casino in Biloxi, Miss. The Gulf States Trade Alliance is comprised of economic development agencies from Mississippi, Alabama, Florida and Louisiana. The ...

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PERS bills strike certain benefits from retirement salary calculations

A pair of identical Mississippi House and Senate bills that tinker with compensation calculations for public employee retirement purposes survived last Tuesday’s cutoff for advancing out of committees. Legislators held off this year tackling major reforms to the Public Employees Retirement System suggested by former Gov. Haley Barbour’s 12-member study commission. Barbour created the commission and pushed for aggressive reforms ...

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Minority Business Expo at Stennis Space Center is March 29

The Mississippi Enterprise for Technology (MSET) will host a Minority Business Expo at Stennis Space Center from 10 a.m. to 1 p.m. March 29. Organizers are looking for companies to exhibit at the expo. Table-top stations will be provided for those wishing to display their products and informational materials on their services. Space is limited and will be assigned on ...

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