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Public/Private Companies

Leading Private Companies: No. 5 — Stuart C. Irby Company

$612 Million Founded in 1926 by Mississippian Stuart C. Irby, the Stuart C. Irby Co. is an electrical distributor with a goal of developing high-value relationships with customers, saving them money and helping them avoid low-bid relationships with multiple vendors. Irby distributes some 45,000 electrical products to electrical utilities, industrial customers and commercial builders from locations in about 20 states ...

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Godwin relies on experience, adaptation

Middle of the Pack snapshot: No. 87 Handling public affairs like their own is what group has historically been known for With 73 years of experience in advertising, GodwinGroup stays ahead of the curve by providing sophisticated services while adapting to the evolving digital marketing world. “The secret to our success is our being able to adapt,” said Philip Shirley, ...

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List mirrors large segment of state economy

At 21 years old, The Top 100 is still the only definitive gauge of the most successful companies in state The Mississippi Business Journal began its annual Top 100 ranking in 1989. Twenty-one years later, “The Mississippi 100” is still the only definitive ranking of Mississippi’s top privately held companies. The list is a mirror of a large chunk of the state ...

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Seeing the light at the end of the tunnel

Parkway stocks are trading at $19, up from a low of $9, a sign, it says, of better times to come Mississippi’s two publically-traded real estate companies, Parkway Properties and EastGroup Properties, can see the light at the end of the recession’s tunnel, executives at both companies say. “If you look at the meltdown that took place in Sept. 2008, ...

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Recovery on the horizon?

Mississippi’s publicly-traded banks haven’t done so bad in tough times Officials at Mississippi-owned banks say their institutions were not as severely impacted by the economic downturn as those across the nation due to conservative balance sheets and diversification in the markets they serve. While the banking companies did experience the effects of the recession, officials say they do see signs ...

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Callon adjustments made the difference

Company restructured $200 million in debt until 2016; also recouped $45 million in royalties Two factors have helped Callon Petroleum Company remain healthy during the economic downturn: the renegotiation of long-term debt issue and the recoupment of $45 million in royalty payments. In December, the company restructured $200 million in debt issue until 2016, and in January, a court case ...

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Dunlap: We don’t participate in recessions

Family-owned tire company has continued to grow and get stronger through the years   Tires are where the rubber meets the road,, literally and figuratively, for Dunlap & Kyle Company Inc. From humble beginnings nearly 80 years ago to its present status as a multi-million-dollar corporation, this homegrown company is again ranked in the top 10 of the 20th anniversary ...

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20 years and still growing

  McALISTER’S Deli now has nearly 300 restaurants in 22 states   Twenty years ago, McAlister’s Deli opened its first restaurant in Oxford and quickly became a hit in the small college town for its soups, sandwiches and sweet tea. That restaurant on University Drive was the beginning of what is now McAlister’s Corporation that operates 296 restaurants in 22 states. Thirty-seven ...

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JBHM Architects still ‘ready to go’

Firm preparing to celebrate its 40th anniversary Next year, JBHM Architects will celebrate its 40th anniversary. The firm is still going over its celebration plans, but Richard McNeel, AIA, LEED AP, NCARB, IIDA, partner with the firm, said JBHM definitely is “ready to go” 40 more years and beyond. “We’re proud of what we’ve accomplished, and look forward to seeing ...

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On-Site Fuel Service keeping tanks full

Fuel service company ‘addicted to growth’   Greg Nethery was a student at Hinds Community College in the mid-1980s when he saw a vehicle of one of the college’s vendors pass by the window of his classroom. He wondered who maintained that company’s fleet, and how much that maintenance cost. Perhaps there was a business opportunity there, he thought. With ...

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