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Nissan building 2 houses in Canton with Habitat for Humanity

Special to the MBJ This month, Nissan volunteers are continuing their almost decade-old partnership with Habitat for Humanity Mississippi Capital Area by building two houses for two Canton families. Hundreds of volunteers from Nissan are taking part in a seven-day build of two homes being built simultaneously at 628 Coleman Street and 630 Coleman Street in Canton for homeowners Adrienne ...

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Ameristar owner Pinnacle reaches real estate deal with GLPI

Gaming and Leisure Properties, Inc. and Pinnacle Entertainment, Inc., today jointly announced that they have entered into a definitive agreement under which GLPI will acquire substantially all of Pinnacle’s real estate assets in an all-stock transaction. The properties include Ameristar Casino in Vicksburg, which will be leased from GLPI and continue to be operated by Pinnacle. “There’s only a limited ...

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Mississippi joblessness drops in June

Associated Press Mississippi’s unemployment rate dipped in June despite weakness in employer payrolls. The joblessness rate fell to 6.6 percent from 6.7 percent in May, and from 7.6 percent in June 2014. A months-long pattern of decreasing unemployment resumed, after May’s rate rose. The number of people with jobs increased, as well as the number of people in the labor ...

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DAVID DALLAS: For Fear of 42

education

According to Hinds County Chancery Judge William Singletary, the Mississippi Legislature is off the hook when it comes to funding our K-12 schools under a formula outlined in the Mississippi Adequate Education Program (MAEP), at least for now. Former Mississippi Governor, Ronnie Musgrove, lost his case to have school districts fully funded under MAEP in order to meet mid-level academic ...

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BancorpSouth Q2 earnings highest since 2008

  Daily Journal TUPELO – BancorpSouth Inc. notched its most profitable quarter in seven years, posting second-quarter earnings of $39.7 million, or 41 cents a share. The results were 6 cents higher than consensus estimates, but revenue of $181.62M, while 5 percent better than a year ago, missed estimates by $1.73 million. Still, the EPS for the quarter ended June ...

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Cal-Maine reports another record year

Jack Weatherly Cal-Maine Foods reported on Monday another record year in egg sales – 1.06 billion dozen – and a record net annual income of $1.58 billion. The Jackson-based company, the largest producer and distributor of fresh shell eggs in the nation, has thus far dodged the avian flu that devastated the poultry industry in the Midwest starting in April ...

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Analysis: Mississippi flag folded at some public buildings

MISSISSIPPI FLAG

  Mississippi voters chose to keep a Confederate battle emblem on the state flag in 2001, but that election did not equate to a universal embrace of the banner. The flag has disappeared in recent years from some public buildings, particularly in majority-black areas, as local officials expressed concern that it represents division rather than unity. The Mississippi flag has ...

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BILL CRAWFORD: Blanton, court make higher rates likely for MPC customers

A look at the Kemper County Coal Plant from the top. The plant will be tasked with mining lignite coal a few hundred yards away from the plant. That coal is moved through a process that will convert it to syngas. The syngas is then used to drive the energy output of the plant, and the resulting electricity is then moved into the grid.

For years, communities, businesses, and consumers in southeast Mississippi have counted on Mississippi Power Company for far more than electricity. The company has been a valued partner in economic development projects, disaster recovery (especially after Katrina), fights to save military bases, and more. Further, company leaders frequently provide effective leadership for statewide initiatives.  »» READ: Thomas Blanton’s response to this ...

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Downtown Jackson Westin plans Aug. 4 construction start

The $60 million Westin at 315 Tombigbee St. is billing itself as luxury entry in the Jackson Central Business District hotel market.

By TED CARTER The newest entry to downtown’s Jackson’s hotel market, a 204-room Westin, will break ground at 9 a.m. on Aug. 4, developer Joseph Simpson says. The $60 million hotel is planned for 315 Tombigbee St. at the site of the vacant Mississippi Valley Title building. Project funding includes $10 million in urban renewal bonds issued by the Jackson ...

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Sanderson exec named to Fed board

Sanderson-Farms

MBJ staff Lampkin Butts, president and chief operating officer of Sanderson Farms Inc., has been appointed to the board of directors of the Federal Reserve Bank of Atlanta’s New Orleans Branch. Butts’ term ends Dec. 31, 2017. He is filling an unexpired term. Butts has served as president and chief operating officer of Sanderson Farms since 2004. He has been ...

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