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Economic Development

Delta Regional Authority, SBA team to bring capital to small businesses

Businesses in the Mississippi Delta secured more U.S. Small Business Administration 7(a) working capital loans in the first six months of this year than the same period for 2010, says the Delta Regional Authority, a multi-state economic development entity based in Clarksdale and Little Rock, Ark. Strong loan volume is also occurring in many of the Delta Regional Authority’s other ...

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Thigpen first at bat for chamber, tourism, economic development and Main Street program in Cleveland

When it comes to heading up the local chamber of commerce and economic development programs, who better than someone who grew up in the area and loves it so much that he has stayed practically his entire life? That fits the description for Judson Thigpen III, executive director of the Cleveland-Bolivar County Chamber of Commerce. Except for a year playing ...

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Natural gas summit set for Sept. 8

Energy Experts to Discuss Economic Impact at Sept. 8 Event The 2011 Energy Forum: “Unlocking the Value of Natural Gas” will be a one-day conference featuring experts in the energy industry discussing the role of gas in Mississippi and the nation. The conference will be held Sept. 8 at the Jackson Convention Complex. Among the speakers at the event are ...

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Will solar panels made in Miss. be used in Miss.?

Although Mississippians will be manufacturing solar panels at Stion in Hattiesburg, they will find it difficult to use the company’s products at home unless the state Public Service Commission adopts a uniform net-metering policy. Stion touts its residential products on its website: “Stion’s panels can help you save money on your electricity bill, gain energy independence and increase your property’s ...

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Stion: Bankruptcy not in the plans

Company: Thin-film technology will create solar success; plant ribbon cutting set for Sept. 16 As the photovoltaics industry took a hit with the bankruptcy of Evergreen Solar, Stion announced a Sept. 16 ribbon cutting for its Hattiesburg plant. While some industry experts speculate more solar companies may also fail or move production to China, Stion and other manufacturers feel secure ...

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Home2 Suites extended stay breaks ground in Ridgeland

Home2 Suites by Hilton broke ground Thursday near the Renaissance at Colony Park shopping area in Ridgeland for the brand’s 13th extended-stay hotel. The property will be the second Home2 Suites in the Mississippi market, following the D’Iberville hotel that is currently under construction and slated to open in June 2012. The 4-story, 92-suite hotel to go up at 526 ...

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Day of reckoning ahead for Mississippi's Public Employment Retirement System

Panel studying possible changes to state retirement system benefits Upgrades in retirement benefits granted to Mississippi’s public sector workers a decade ago could get rolled back as the state, its cities, counties and school districts struggle to stay financially afloat. Citing an “unsustainable” burden on Mississippi taxpayers inching toward $1 billion annually, Gov. Haley Barbour wants a close look taken ...

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According to union lawyer, Public Employment Retirement System chief, options are limited

The head of the Public Employees Retirement System of Mississippi says the $20.7-billion retirement trust fund is constitutionally protected but she doubts the benefits of retirees and public sector workers enrolled in the plan have the same protections. “However, this could be debated,” said Pat Robertson, PERS executive director. She cited a 1986 amendment to the Mississippi Constitution in noting ...

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Film industry workforce training starting

Film industry workforce training classes on a variety of topics begin this month at Hinds Community College’s Rankin Campus. Classes range from five weeks to two-day seminars and cover everything from technical skills to location scouting. Electric(ian) for the Film Industry August 23 – September 15, 2011; Tues. & Thurs., 6-9pm $200 Grip for the Film Industry September 27 – ...

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Companies exploring for oil in Southwest Mississippi

Companies are now drilling in the Tuscaloosa Marine Shale play, an “unproven unconventional 7 billion barrel oil resource” spanning central Louisiana and southwestern Mississippi. The total potential of the play — as estimated by the Basin Research Institute at Louisiana State University — would equal the United States’ oil consumption for a year, which was about 6.9 billion barrels in ...

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