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Aerospace firm to open Clinton factory, employ 70

  MBJ staff Precision Machining Services of Chattanooga, Tenn., will create 70 jobs and invest $5 million in a manufacturing facility in the Clinton Industrial Park. Precision will move into the 60,000-square-foot former Akzo-Nobel facility, according to a news release. The 14-acre site will house machining and painting services for the aerospace and defense industry. “We are looking forward to ...

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West Point plant to make 40 armored trucks for Pakistan

WEST POINT, Miss. (AP) – Navistar International Corp. has been awarded a $35 million contract to deliver 40 armored vehicles to Pakistan from its Mississippi plant. The U.S. Army announced the contract Thursday, saying Navistar, based in Lisle, Illinois, had made the only bid for the mine resistant ambush protected MaxxPro Dash DXM trucks. Work is supposed to be done ...

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Poultry processor to open plant in Carthage

MBJ staff Pearl River Foods will open a poultry processing plant in Carthage, investing more than $2 million and creating 150 jobs. The Mississippi Development Authority also will contribute a $1.5 million grant and Leake County provided $175,000 for infrastructure upgrades. Pearl River Foods’ Carthage location will allow the company to better serve the local poultry industry. The company will ...

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Mississippi manufacturer betting on a weaker dollar

By JACK WEATHERLY Wayne Wade has concerns about continuing to do business in Vietnam. But it’s not because President Donald Trump “vetoed” America’s participation in the Trans-Pacific Partnership free trade pact. It’s the strong U.S. dollar, said Wade, president of Bio-Soil Enhancers Inc. of Hattiesburg. Vietnam is the company’s biggest customer. The Southeast Asian country would be one of the ...

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Raytheon won’t try to build jet; project was to be in Meridian

Raytheon Co. said Wednesday that it and a partner are backing out of competition to build a U.S. Air Force training jet. The announcement came months after Waltham, Mass.-based Raytheon and an Italian company, Leonardo-Finmeccanica, said they intended to build 350 of the T-100 jets at an assembly plant near Meridian. Gov. Phil Bryant and other Mississippi officials had said ...

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MOVING TO MEXICO? — Batesville Casket to close Panola plant

By JACK WEATHERLY Faced with shrinking demand, the Batesville Casket Co. plant in Panola County will close its doors in March after nearly 30 years in operation. Two hundred are employed at the plant, where hardwood coffins are assembled. The plant was opened in 1988 because “we were looking for a plant located near the Vicksburg facility,” Indiana-based parent Batesville ...

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Electric car maker GreenTech lays off Mississippi workers

Electric car maker GreenTech Automotive has laid off some or all employees at its Mississippi Delta plant. Mississippi Department of Employment Security spokeswoman Dianne Bell told The Associated Press Thursday that the agency has been told GreenTech is “shutting down” in Tunica County. GreenTech didn’t return requests for comment. GreenTech owes Mississippi $2.85 million, after making an overdue $150,000 loan ...

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Cal-Maine profits take major hit thanks to lingering effects of flu

By JACK WEATHERLY Cal-Maine Foods dodged the avian flu outbreak that reduced the nation’s egg production in 2015 by 10 percent. Yet the Jackson-based firm, the largest producer of shell eggs in the United States, continues to deal with the ripples caused by the influenza Net sales for the company’s second fiscal quarter, which ended Nov. 26, were $253.5 million, ...

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State wins ‘deal of year’ for landing Continental

Mississippi has been awarded Business Facilities’ 2016 Economic Development Deal of the Year for recruiting Continental Tire’s commercial vehicle tire manufacturing plant to Hinds County. Continental Tire announced in February 2016 it will locate in Mississippi, a $1.45 billion investment creating 2,500 jobs over the next decade. In addition, the project is estimated to create 2,740 indirect and more than ...

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DENNIS SEID: Toyota has reasons for building elsewhere

Last week, President-elect Donald Trump tweeted that if Toyota goes ahead with plans to build the Corolla sedan at a new factory in Mexico instead of the U.S., it could be hit with a “big border tax” when the cars are shipped north. But Toyota – and other automakers – have their reasons for spreading the wealth when it comes ...

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