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Economic Development

JOSH MABUS: Never on time — the perils of business decisions

Have you ever seen those “Free beer tomorrow” signs that decorate the walls of dive bars all across the country? No matter how many times you’ve seen them, they’re still a little funny. When you realize that every tomorrow the sign still reads “tomorrow,” the situation gets a lot more serious and sad. You’ll never get a free beer. Those ...

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Feds unlikely to ignore Mississippi’s HB1523, lawyers say

Mississippi’s ‘Freedom of Conscience’ law needs time to ripen, they say U.S. Attorney General Loretta Lynch early this month unloaded on North Carolina’s “transgender bathroom law” with a seldom-seen passion and a lawsuit to boot. She compared North Carolina’s reaction to the legal and political gains of gays, lesbians and transgender people to the anger that followed President Lincoln’s Emancipation ...

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Jackson Evers gets mixed news on bond ratings

  By TED CARTER The debt rating for the Jackson Municipal Airport Authority got a “negative” outlook from Moody’s Investment Services last week but avoided a downgrade from Fitch Ratings Service. The plus for the Airport Authority’s debt of approximately $39 million is a BBB+ maintained by Fitch. That rating came with a downgrade from A- in spring 2014 on ...

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Report takes processors to task, but Sanderson Farms denies worker abuse

By JACK WEATHERLY  Four major poultry processing companies don’t give line workers time for restroom breaks – forcing some to wear diapers if they have to wait too long or are denied a break, according to a report from Oxfam America. Those companies – Laurel-based Sanderson Farms, Tyson Foods, Perdue Farms and Pilgrim’s Pride – force their workers to endure ...

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Alaska corporation buys Selex facility in Hancock County

By LISA MONTI  Tyonek Services Group Inc. announced May 10 the acquisition of Selex Galileo’s avionics system integration facility at Stennis International Airport in Hancock County for an undisclosed amount. The company said Tyonek Services Overhaul Facility – Stennis will install state-of-the-art technology into aircraft and is expected to create at least 26 jobs over the next two years. Selex ...

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MDA denies developer more time, other considerations on Renaissance

By JACK WEATHERLY As reported earlier, the Mississippi Development Authority gave developer Andrew Mattiace four more years to build the $96.7 million expansion of the Renaissance at Colony Park in Ridgeland. But the developers subsequently asked for more time and other considerations. Refusal to grant the four-year extension would have posed a major obstacle to the expansion, which already had ...

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JOSH MABUS — Hanging up on old paradigms

A recent GEICO commercial depicts Tarzan and Jane fighting over directions as they navigate the jungle treetops in search of a particular waterfall. “I think we should have taken a left at the river,” Jane implores as the two clinch a vine and observe the jungle from a tree branch. “Tarzan know where Tarzan go,” the king of the jungle ...

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Mississippi Main Street: More than just economic development

By NASH NUNNERY Finding a small town in Mississippi might be akin to bees discovering honey – it’s not hard to do. Many of those communities have distinctive downtown thoroughfares, chock full of awe-inspiring historical architecture, eclectic businesses and hometown pride. Time seems to have forgotten others. And a select few are Mississippi Main Street Association-certified. For the uninitiated, MMSA is ...

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SBA Small Business Person of the Year helps other veterans find success starting a small business

By BECKY GILLETTE Mike Pornovets, owner of Everything Kayak (www.everythingkayak.com) on the Gulf Coast, started paddling when he was only about 11. But what he likes most about his business that he launched on Sept. 10, 2011, isn’t that he gets to be involved promoting a sport that he loves. What he likes the most is creating jobs. Pornovets, the 2016 ...

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D’Iberville eyes BP money to build conference center

D’Iberville has outgrown its civic center and wants to build a new downtown conference center. City planner Jeff Taylor says city has applied for BP oil spill money to do so. The Sun Herald reports (http://bit.ly/1XmfWdS) the city council voted Tuesday night to commit $5,000 in matching funds for a study of the project. City Manager Bobby Eleuterius says the ...

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