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Public/Private Companies

Huntington Ingalls Industries promotes Smith

Dawn Smith has been promoted to director, diversity and inclusion, at Huntington Ingalls Industries. Smith will provide leadership and serve as a resource and subject matter expert on diversity, inclusion and equality issues and initiatives across the HII enterprise. She will also serve as principal adviser to the senior executive staff, as well as the corporate office Diversity & Inclusion ...

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Mississippi’s Hancock Fabrics seeks bankruptcy protection

BALDWYN — Fabric and sewing supply retailer Hancock Fabrics is filing for Chapter 11 bankruptcy protection for the second time in nine years. The company, based in Baldwyn, Miss., made the filing Tuesday in U.S. Bankruptcy Court in Delaware. In its filing, Hancock estimates both its assets and its debts at between $100 million and $500 million. In its bankruptcy ...

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Peavey receives lifetime award

Music and audio innovator Hartley Peavey, founder and CEO of Peavey Electronics, was recently honored as the recipient of the 2015 Lifetime Achievement Award at the annual AV Awards ceremony in London, England. Recognized for his pioneering efforts and 50 years of successful innovation and manufacturing, Peavey appeared in person to accept the award before a crowd of 950 cheering ...

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Sanderson presented entrepreneur award by USM

The University of Southern Mississippi College of Business and its Advisory Council is honoring Sanderson Farms and the company’s CEO, Joe Sanderson, Jr., as the 2015 Boardman Entrepreneur of the Year. The annual Boardman Entrepreneur of the Year is part of the Boardman Forum, which was established by Joseph Boardman of Gulfport. Those who receive the award display an innovative ...

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On-demand-retail adding new niche for EastGroup

By TED CARTER A warehouse distribution model Jackson’s EastGroup Properties conceived nearly 20 years ago has found itself well situated to benefit from today’s “must-have-it-now” retail demand. “People want stuff and they want it quick,” said Leland Speed, the soon-to-retire founder and chairman of the real estate investment trust, or REIT. He opened the doors of the public held company in ...

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Transitions ahead for EastGroup’s Speed, Hoster

By TED CARTER Leland Speed, a Jackson real estate icon who sold his first piece of raw dirt at 18 and never looked back, is stepping away from leadership of EastGroup Properties, the real estate investment trust he created nearly 40 years ago. The Jan. 1 chairmanship handoff will go to David H. Hoster II, who joined EastGroup Properties 32 years ...

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Zetella Gooch named consultant

BNI Mississippi has announced Zetella Gooch as Area Director Consultant. Gooch will be responsible for the coordination of BNI Director Consultants and Ambassadors. She will ensure the success of BNI chapters and their members in the areas of chapter growth, member retention, and the formation of new chapters in the Central Mississippi Region. A member of the Jackson Referral Connection ...

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Steve Rollins new Mercedes GM

Higginbotham Automotive recently announced the return of Steve Rollins as general manager of Mercedes-Benz of Jackson and Porsche of Jackson. As the most senior general manager in the Higginbotham’s family of dealerships, Rollins was chosen to run Mercedes-Benz of Jackson, the family’s largest dealership. For the past two years, Rollins has served as general manager at the Higginbotham family’s newest ...

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Cal-Maine names Timothy Thompson VP

Timothy Thompson has been promoted to vice-president of operations at Cal-Maine Foods, Inc., by the company’s board of directors.  Thompson will have responsibility for all of Cal-Maine Foods’ production and processing facilities located in Arkansas. He will report directly to Sherman Miller, chief operating officer of Cal-Maine Foods. Thompson has been employed with Cal-Maine Foods since 1996. He most recently ...

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Analysis: Cal-Maine ranks at top of public firms in state

By JACK WEATHERLY  Cal-Maine Foods is the top-ranking public company based in Mississippi, according to an analysis by SmartAsset.com The nation’s largest producer of in-shell eggs registered a 19.82 percent average annual return from 2010 through March 31 of this year, SmartAsset reported. It’s return was actually not as high as Callon Petroleum’s 33.07 percent, but its stock performance index ...

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