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Economic Development

Magazine reports Seraphim shutdown; bigger things in works, solar panel maker says

By JACK WEATHERLY Pv magazine reported that earlier this month Seraphim Solar Manufacturing USA shut down its PV module factory in Jackson, “leading some to conclude that the company is going out of business.” However, according to Seraphim USA officials with whom pv magazine spoke, the opposite is happening. The company did indeed stop operations and lay off some employees, ...

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MDA puts ‘smokestack chasing’ in back seat

By JACK WEATHERLY Mississippi’s economic development agency is taking a more measured strategy for promoting industrial growth in the state. “This year, more than 80 percent of state-assisted economic development announcements have been expansions of our existing corporate citizens,” Mississippi Development Authority Executive Director Glenn McCullough Jr, said in a news release last month. McCullough declined to discuss the current ...

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Ribbon cutting for Mississippi plant drying shrimp hulls

There’s money to be made from the hulls of peeled shrimp, material that usually ends up in landfills. A facility opening along Mississippi’s Gulf Coast will process these shrimp exoskeletons and harvest the material known as chitin for use in a variety of products. WLOX-TV reports that the Mari Signum Dragon Drying plant near the Vancleave community held a ribbon ...

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Governor names 5 to new Mississippi Lottery Corp. board

Gov. Phil Bryant is naming four businesspeople and a longtime educator to the board that will oversee creation and operation of a Mississippi lottery. Bryant announced his choices Friday. Starting the lottery is expected to take months. Philip Chamblee of Madison directs the Mississippi Petroleum Marketers & Convenience Stores Association and the Mississippi Propane Gas Association. Gerard Gibert of Ridgeland ...

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2018 Sanderson Farms Championship announces player commitments

With only a few days before the start of the 2018 Sanderson Farms Championship, tournament officials announced player commitments. The 51st Sanderson Farms Championship is set for Oct. 22-28 at The Country Club of Jackson. For the full field, visit SFC Committed Players. The field of 132 players includes defending champion Ryan Armour, past champions Cody Gribble (2016), Peter Malnati ...

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Mississippi aerospace firm shares in $25.5 billion contract

A Mississippi aerospace company will share a contract worth up to $25.5 billion to provide parts for military vehicles over the next 10 years. The U.S. Army Contracting Command at Redstone Arsenal in Huntsville, Alabama, announced the contract with Vertex Aerospace and six other companies on Thursday. Vertex, based in Madison, overhauls and distributes parts for military aircraft and ground ...

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NBC poll: Gov. Bryant gets high marks; confidence in economy, legislature tepid

BY BOBBY HARRISON / MISSISSIPPI TODAY State Economist Darrin Webb told legislative leaders during a September budget hearing more of the same – the Mississippi economy is not doing as well as the national economy. “The state’s economy has struggled to gain the momentum in the years since the Great Recession,” which started in 2008, Webb said, echoing his comments ...

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EMBDC Recognizes September Ambassadors of the Month

The East Mississippi Business Development Corporation recently presented its September Ambassadors of the Month awards. Recognized were, from left, Mary Atterberry, Rush Health Systems, second place; Leah Hearn, Commercial Bank, place; Sonya Scarbrough, BankPlus, red ticket drawing winner; and Lee Williams, Regions Bank, third place. (Courtesy of EMBDC)

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Golden Triangle Leadership announces 2018-2019 Class

The Columbus Lowndes Chamber of Commerce, Greater Starkville Development Partnership, and Growth Alliance in West Point, has announced the 4th class of local business and community leaders who were selected to participate in the Golden Triangle Leadership program. Selected for the 2018-2019 GTL Class are: Alison Alexander – Instructor at East Mississippi Community College Ally Walker – Development for Palmer ...

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Entergy named a national leader in economic development

For the 11th straight year, Site Selection magazine has named Entergy a Top 10 utility in economic development nationally. The accolade is for Entergy’s role in projects that resulted in some $4.25 billion of capital investment and the creation of more than 4,688 jobs in its service territory in 2017. Over the 11 year stretch, Entergy has been directly involved ...

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