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Manufacturing

Fox anchor gives to Legacy Fund

OXFORD — Fox News anchor Shepard Smith is applauding the leadership of retiring University of Mississippi (UM) chancellor Robert Khayat with a $75,000 gift to the Legacy Fund, which already has hit the $200,000 mark. Created by the University Foundation to honor Khayat, the fund was established to help offset the negative effects of the economy on UM students and ...

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Sanderson Farms back in black

LAUREL — Sanderson Farms Inc. reports net sales for the second quarter of fiscal 2009 were $426.8 million, compared with $433.9 million for the same period a year ago. For the quarter, net income was $26.2 million, or $1.27 per fully diluted share, compared with net income of $6.2 million, or $0.30 per fully diluted share, for the second quarter of ...

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Fitch rates Entergy 'stable'

NEW ORLEANS — Fitch Ratings affirms Entergy Corporation’s issuer default rating (IDR) at “BBB-.” The rating outlook of Entergy has been revised to “stable” from “evolving,” despite management” continuing plan to spin-off the non-utility nuclear assets into an independent company, Enexus. Should the spin-off occur, Fitch anticipates that the transaction would be structured to be credit neutral to Entergy and ...

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DRMC adds new service

GREENVILLE — PET/CT scan service is now available at Delta Regional Medical Center’s (DRMC’s) main campus in Greenville. A PET scan measures important body functions,such as blood flow, oxygen use, and sugar (glucose) metabolism to help doctors evaluate how well organs and tissues are functioning. By identifying changes in the body at the cellular level, PET imaging may detect the ...

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BAE gets more orders for guns

HATTIESBURG — BAE Systems has received orders worth approximately $118 million for 63 more M777 howitzers, taking the order total to exactly 800 guns. The U.S. Marines and U.S. Army are getting 38 of the guns while Canada is acquiring 25 more through the U.S. Foreign Military Sales program to add to the 12 it already has in service. BAE’s ...

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State's unemployment decreases

ACROSS MISSISSIPPI — As is usual for April, Mississippi’s not seasonally adjusted unemployment rate decreased over the month, from 9.4 percent in March to 8.6 percent. However, the April 2009 rate was significantly higher than one year ago when the rate was 5.6 percent. The unemployed total decreased by 12,200 while the number of employed persons increased a mere 100. ...

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SBA loan deadline nears

ACROSS MISSISSIPPI — The U.S. Small Business Administration (SBA) reminds eligible private non-profit organizations (PNPs) that do not provide critical services of a governmental nature of the deadline to submit disaster loan applications for economic losses caused by Hurricane Gustav that occurred from Aug. 28-Sept. 8, 2008. The deadline to file an application for an economic injury disaster loan is ...

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Port getting much-needed improvements

GREENVILLE — A $3-million bond bill approved by state lawmakers will soon provide the Port of Greenville with some much-needed improvements. The project includes renovation of the dock, addition of an automated grain-handlng facility and acquisition of new ground equipment. In addition to providing jobs to the Greenville area, officials say the repairs and improvements will directly affect more than ...

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Piney Woods Pellets begins operations

WIGGINS — The Stone County Economic Development Council, Gov. Haley Barbour and others will celebrate the first official production day at Piney Woods Pellets in Wiggins June 2. Barbour will tour the facility and present a keynote address in celebration of the event. A public grand opening will be conducted later in June; details for that event will be forthcoming. ...

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McClellan honored with scholarship

ELLISVILLE — Decades of service and leadership at Jones County Junior College (JCJC) have come full circle for Mike McClellan, a former chairman of the board and star athlete at the college. A scholarship has been established at the JCJC Foundation in McClellan’s name honoring his contributions to the college and the business community. The $10,000 endowment for the McClellan ...

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