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Tag Archives: Alabama

Nonprofit buys 170 acres from developer for endangered frogs

A Mississippi environmental nonprofit has bought more than 170 acres of land from a residential development to reforest and protect as critical habitat for the critically endangered Mississippi gopher frog. The Land Trust for the Mississippi Coastal Plain will replant it in longleaf pine as habitat for the burrowing frogs and other rare animals, according to a news release Thursday ...

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Bill will open more of Gulf to energy exploration

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JACKSON — Mississippi Sens. Thad Cochran and Roger Wicker are supporting legislation to expand energy exploration in the Gulf of Mexico. The Republican lawmakers have joined as sponsors of a bill that will also provide additional revenue for Mississippi, Louisiana, Alabama and Texas. The legislation, introduced by U.S. Sen. Bill Cassidy, R-La., would amend a 2006 law to open parts ...

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Newk’s Eatery to expand in Louisiana and Texas

JACKSON — Newk’s Eatery, the fast-casual restaurant known for its culinary-driven menu and open kitchens, has announced a new development agreement with New Orleans-based Southeast Restaurant Group, founded by Elie Khoury. The operator of franchise and independent restaurants plans to open 15 Newk’s locations throughout Southern Louisiana and in Houston. With the new agreement, Southeast Restaurant Group becomes Newk’s largest franchisee. SRG ...

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Alabama budget woes: state’s GOP lawmakers look to gambling

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MONTGOMERY, Ala. — Republicans in both chambers of the Alabama Legislature are looking to gambling as a possible component of a solution to the state’s budget woes. Senate President Pro Tem Del Marsh, R-Anniston, filed a bill Tuesday that would authorize a lottery and four casinos. He said it is time to let Alabama voters decide the issue of gambling. ...

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Mississippian Glenn McCullough Jr. gets nod as new MDA chief

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By TED CARTER An executive search that never left Mississippi has led to the appointment of Glenn L. McCullough Jr., former mayor of Tupelo and chairman of the Tennessee Valley Authority board, as executive director of the Mississippi Development Authority. Speaking to luncheon guests at the Mississippi Economic Council’s annual meeting, Gov. Phil Bryant said he kept the search within ...

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Hattiesburg bank earnings rise to $1.9 million

Hattiesburg-based First Bancshares Inc. announced on Thursday that its net earnings for the first quarter were $1.9 million, or 36 cents per share, compared with $1.3 million, or 25 cents for the corresponding quarter in 2014. Assets grew by 4.8 percent to reach $1.1 billion as of March 31. Loans stood at $716 million, up $11.8 million in the quarter. ...

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$134M proposed for 10 BP-funded oil spill recovery projects

JACKSON — State and federal officials overseeing $1 billion provided by BP PLC to spur recovery from the 2010 Gulf of Mexico oil spill said Monday that they’re proposing another 10 projects totaling $134 million. About $700 million to repair environmental damage and enhance recreational access has been allocated previously, although some of that work has yet to begin. The ...

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Source: McCullough a leading candidate for MDA job

        By JACK WEATHERLY Glenn L. McCullough Jr., former mayor of Tupelo and chairman of the Tennessee Valley Authority board, is a leading candidate to become executive director of the Mississippi Development Authority, according to a source familiar with the situation. McCullough said in a telephone interview with the Mississippi Business Journal  Thursday afternoon that “the MDA is very important ...

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TRANSITION AT THE MDA — Is Mississippi better off than it was 3 years ago?

By JACK WEATHERLY  Is Mississippi better off than it was three years ago? That’s a fair enough question when it comes to measurable matters such as jobs created and money invested. The answer is: depends on whom you’re asking. And what you’re asking. When the Mississippi Development Authority announced April 8 that Brent Christensen  was resigning his job as executive ...

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Mississippi geography offers engineering challenges

By LISA MONTI If you look at the geography of Mississippi with an engineer’s eye, you can see some of the challenges those professionals face in their practices. “Mississippi is an interesting state for structural design,” said Jason McQueen, president of the Structural Engineers Association of Mississippi. “On the Coast there are design requirements for hurricanes and floods. In the central ...

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