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Economic Development

Cities gain national accreditation

The following Main Street communities in Mississippi have been designated as accredited Main Street America programs for meeting standards set by the National Main Street Center: Aberdeen, Amory, Baldwyn, Batesville, Belhaven, Biloxi, Booneville, Canton, Carthage, Cleveland, Clinton, Columbia, Columbus, Corinth, Crystal Springs, Greenville, Greenwood, Gulfport, Hattiesburg, Hernando, Holly Springs, Houston, Indianola, Kosciusko, Laurel, Louisville/Noxapater, Macon, Meridian, New Albany, Ocean Springs, ...

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BP estimates cost of 2010 Gulf oil spill at $61.6 billion

Oil giant BP PLC has put a final price tag on what its catastrophic Gulf of Mexico oil spill cost the company, and it’s a hefty sum: $61.6 billion. The company issued the estimate Thursday, the first time it has put a total cost on the catastrophe. BP said it expects to spend a total of $44 billion after tax ...

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Sardis workers to share in $1.4 million backpay ruling

Employees at United Plastics manufacturing plants in Sardis, Miss., and Leominster, Mass., will receive $1.4 million in back wages and “liquidated damages” as part of a consent judgment and order obtained in federal court by the U.S. Department of Labor. More than half, 298, of the total of 566 workers work at the Sardis plant. An investigation by the department ...

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Viking Range owner sues founder Carl, others for $100 million

By JACK WEATHERLY  Viking Range Corp. founder Fred E. Carl Jr. and other former top officers of the Greenwood-based company have been sued for $100 million for allegedly not disclosing a design defect that caused the company’s stoves to turn on by themselves. Middleby Corp. of Elgin, Ill., which bought Viking Range in 2013 for $380 million, and Viking say ...

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Owner selects Viking leader from within

By JACK WEATHERLY  Promoting from within has always been a way to build esprit de corps in the corporate world. But selecting Kevin Brown as president of Viking Range stands to double the positive effects. Brown will be responsible for the overall operations, sales and engineering initiatives at Greenwood-based Viking Range, according to a release from the Middleby Corp., which ...

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Port of Gulfport stayed in touch with Chiquita, director says

By JACK WEATHERLY Chiquita never made a clean break with the Port of Gulfport. And the Port never lost touch with the importer of bananas and pineapples during its 30-month absence. And so insiders were not surprised when they announced last week they were getting back together – but quick. Chiquita and the port plan to make the relationship a ...

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Legal time spent on religious freedom bill racking up

By BOBBY HARRISON A spokeswoman for Attorney General Jim Hood said his office has spent more than 400 hours defending House Bill 1523, which allows government officials and businesses not to provide services for same-sex weddings. The legislation, passed during the 2016 session, was struck down recently by U.S. District Judge Carlton Reeves for the Southern District of Mississippi. Hood ...

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State’s raids on rainy-day fund raise red flag, Moody’s warns

State Treasurer Fitch calls report to investors ‘a shot across the bow’ for legislative leaders    By TED CARTER Gov. Phil Bryant’s three draws from Mississippi’s reserve fund have left the fund at its lowest level in 13 years and led Moody’s Investor Services to warn investors the state’s fiscal position is weakening. Moody’s July 11 report characterized the drawdowns ...

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FedEx to construct distribution center in Pearl

FedEx Ground says it will complete construction on a massive distribution center to be opened in Pearl by August 2017. The new facility will take up more than 248,000 square feet and will replace a smaller center that operates in Richland. FedEx says the move will primarily enable the company to meet and exceed a rising number of customer demands ...

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DeSoto Council hires Henley

Bryant Henley has joined the DeSoto County Economic Development Council as a Business Development Specialist. Henley will be working with existing industry programs that focus on retention, expansion, recognition, investment incentives, workforce development and building alliances with area companies. As part of his International Business Degree, he spent time studying in Spain and graduated from Mississippi State in 2015. He ...

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