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Manufacturing

Steel maker John Correnti dies in Chicago at 68

By JACK WEATHERLY  John Correnti, a pioneer in steel making who left a significant mark on Mississippi, has died at 68, according to published reports. Correnti, who was in Chicago for a meeting of the board for Navistar International Corp., was found  dead in his hotel room Tuesday apparently from natural causes, the reports say. He was lead investor and mastermind ...

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Baldwyn plant to add 60 jobs

Associated Press Foam-maker FXI says it will invest $700,000 to expand is Baldwyn factory, adding at least 60 employees to the current 60. The company, based in Media, Pa., said Monday it has won new health-care business and will add automated equipment to  increase production. The Mississippi Development Authority contributed a $35,000 grant to help expand FXI’s storage and staging area, ...

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Changes at Pascagoula port

Port of Pascagoula Director Mark McAndrews has announced two staff changes. Randy Joplin has been promoted to deputy port director, operations, for the Jackson County Port Authority. Joplin has served the Port of Pascagoula as manager, safety/harbormaster since 1998. His prior maritime experience includes commercial shipping and steamship agency operations in various ports in the Gulf of Mexico, including Pascagoula. ...

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PSC grants Mississippi Power interim rate hike

Associated Press State utility regulators agreed Thursday that Mississippi Power Co. needs more money immediately, granting the company an 18 percent rate increase that, while temporary for now, could become permanent by December. The Mississippi Public Service Commission voted 2-1 Thursday to allow the utility to raise rates starting with bills beginning Aug. 20. A residential customer who uses 1,000 ...

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Avon’s Cochran appointed

David T. Cochran, Jr., partner with CoCo Planting Co. and CoCo Manufacturing, both based in Avon, has been appointed to a three-year term on the board of directors of the Memphis Branch of the Federal Reserve Bank of St. Louis.

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Suit to block silicon plant in northeast Miss. dismissed

Jack Weatherly Mississippi Silicon LLC has some breathing room as a suit seeking to stop the construction of the plant at Burnsville in Tishomingo County was dismissed. U.S. District Court Judge Debra M. Brown ruled on Thursday that the Northern Mississippi court did not have jurisdiction, and the motion by Globe Specialty Metallurgical, a Selma, Ala.,-based competitor, for a preliminary ...

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Furniture maker adding jobs in Ecru

ECRU — Upholstered furniture manufacturer Fusion Furniture Inc. is expanding operations at its facility in north Mississippi’s Pontotoc County The company announced Tuesday that it will invest $1.6 million and create 100 jobs, bringing employment in Ecru location to 430. Fusion Furniture will build a 100,000-square-foot addition at its existing facility. Mississippi Development Authority is giving a $200,000 grant to ...

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Strides, criticisms mark Port of Gulfport chief’s tenure

Jonathan Daniels has checked off a few tasks on his to-do list since taking over as head of the Mississippi State Ports Authority in 2012: » Put money in the bank; » Establish a nearly $4 million operating budget surplus; » Expand the Port of Gulfport by 84 acres; » Complete channel maintenance dredging, including 100 feet out from the ...

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U.S. tariffs a factor in Chinese company seeking plant in Jackson?

By JACK WEATHERLY  While there is nothing new under the sun, things do change. Such as the solar market, which has since the Solyndra debacle that gave the Obama administration a black eye. The California startup defaulted on a $535 million federal loan in 2011. It subsequently filed a $1.5 billion antitrust suit against China’s three largest solar panel makers. ...

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