Home » NEWS » Manufacturing (page 30)

Manufacturing

Chevron U.S.A.'s base oil facility begins production

PASCAGOULA — Chevron Corporation (NYSE:CVX) subsidiary Chevron U.S.A. Inc. has begun commercial production of premium base oils from a newly constructed manufacturing facility at the company’s Pascagoula refinery. Base oils produced at Pascagoula will add to capacity from the company’s refinery in Richmond, California, and a joint venture facility in Yeosu, Korea, approximately doubling Chevron’s production capacity and positioning it ...

Read More »

Severstal selling plants, including Severstal Columbus

COLUMBUS — Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Word of a possible sale began to circulate earlier this year as the West threatened sanctions against Russia for its activity in the Ukraine, but Severstal has not among those companies targeted by ...

Read More »

A match set to happen: Conn’s and Jackson

The head of retail for Conn’s HomePlus says the matchup of the retailer’s prototype customer and Jackson’s abundance of working class households made the Capital City an easy choice as the Texas company’s 85th store location. Having gone on a growth spree that extended the retailer’s reach from its Western origins into South Carolina and back through Tennessee, Conn’s found ...

Read More »

Airbus partners with Precision Aviation, Government Capital

COLUMBUS — Airbus Helicopters Inc. (AHI) has partnered with Precision Aviation Services and Government Capital Corp. to provide tax-exempt financing for mission equipment technology upgrades and required major maintenance for law enforcement and government-owned AS350-series helicopters. Precision Aviation Services, of Peachtree City, Ga., AHI’s newest service center, will work with AHI and Government Capital to provide aircraft systems and avionics upgrades, ...

Read More »

Fertilizer-maker consolidating, relocating headquarters to Coast

PASCAGOULA — Mississippi Phosphates Corp. is closing its administrative headquarters in Madison and consolidating all operations at Pascagoula manufacturing facility. CEO Jim Sherbert says in the news release that the move will allow the company to increase efficiency and eliminate costs associated with maintaining a remote headquarters. Mississippi Phosphates makes sulfuric acid and phosphoric acid to produce diammonium phosphate, or ...

Read More »

KiOR retains investment bank to explore sale or restructuring

COLUMBUS — Struggling biofuel maker KiOR, deeply in debt to the state of Mississippi and others, says it has hired an investment bank to try to sell or restructure the company. KiOR, based in Pasadena, Texas, announced it had hired Guggenheim Partners in a yesterday stock filing. KiOR’s cash level is unclear, but the company borrowed $250,000 on July 3 ...

Read More »

MDA grants KiOR forbearance after biofuels maker defaults on payment

COLUMBUS, Mississippi — In a sign that biofuel maker KiOR Inc.’s money troubles aren’t letting up, the start-up company will make a $250,000 forbearance payment to the Mississippi Development Authority in exchange for 120 days to get current on its nearly $70 million debt to the MDA. KiOR defaulted on a $1.87 million payment that was scheduled for June 30. The ...

Read More »

Hol-Mac Corporation – Best Places to Work 2014

MEGA-LARGE CATEGORY Based in South Mississippi, Hol-Mac Corporation is a major supplier of steel fabrications, cylinders and tanks. Founded by Charles Holder in 1963, the company began operations as Southern Welding and Machine in Bay Springs and furnished welding and machine shop services to local timber, oil field, construction and farming industries. Anchored by a sound financial base, technical expertise ...

Read More »