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Tag Archives: Business

(VIDEO) ALAN TURNER — Lard Oil expands Mississippi operations

Wade Stephens

Recently, we had the opportunity to meet and get acquainted with Wade Stephens, manager of industrial and commercial business for Lard Oil Co. of Mississippi, and learn about its growth and business plans for Mississippi. The parent company is actually based in Louisiana, and was founded in 1922, so it has a long history in the energy business.  Essentially, the ...

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Pearl station is latest link in ‘natural gas highway’


By JACK WEATHERLY  The first liquified natural gas fueling station in Mississippi has been opened, adding a link to what has been called the natural gas highway. Clean Energy Fuels Corp. installed a two-bay facility at the Pilot Flying J truck stop in Pearl in large part to support the fueling needs of Raven Transports. Any hauler running on LGN ...

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Work on Jackson solar panel plant well underway


  By JACK WEATHERLY  The conversion of an 80,000-square-foot building in Jackson is well down the road toward completion as a factory for solar panels. Seraphim Solar Manufacturing USA announced recently that it would start making the panels in November. Beyond that, the company and the city of Jackson have not revealed anything else about the facility at 3111 Lawson ...

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Economist says state revenue will meet estimates


By TED CARTER Mississippi will see economic growth in the year ahead but not the size typical in most years. That’s the mixed outlook State Economist Darrin Webb gave the Mississippi Joint Legislative Budget Committee Monday. “We expect Mississippi’s economy will grow 1.7 percent in 2015 relative to 2014,” Webb told the committee. “Our current projections are for a 2.2 percent ...

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HUD’s suspensions on JRA remain a year later


By TED CARTER The U.S. Department of Housing and Urban Development has little progress to report one year after suspending the Jackson Redevelopment Authority from further dealings with the agency. The JRA remains suspended for mistakes it made in using HUD dollars to acquire properties for the Farish Street redevelopment, a project that has been dormant since the JRA voided its ...

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Jackson convention hotel proposer doesn’t see past troubles hampering bid

By TED CARTER The leader of a group vying to develop a Jackson convention center hotel says difficulties the team’s financial adviser had with the Securities and Exchange Commission should not hurt the team’s selection chances. Nor should Mychal Jefferson’s arrest on an auto theft charge while a college student 25 years ago harm the team’s prospects, Mississippi Development LLC’s CEO ...

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SUMESH ARORA — Keeping the lights on and growing jobs with solar energy

Innovation, idea

In my last column I shared the nationally acclaimed story about how the Mississippi Baptist Medical Center (MBMC) in Jackson kept its lights on in the immediate aftermath of Hurricane Katrina by relying on their combined heat and power system.  Another tiny ray of light, literally and figuratively, was the solar panel system installed at a home located on Mills ...

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Health care mergers alter market


By LISA MONTI  It has been a summer of mergers. Kicking off the July announcements, insurer Centene Corp. agreed to buy Health Net Inc. for $6 billion in cash and stock. Then Aetna announced its intention to merge with rival Humana in a $37 billion deal. The resulting new company would have more than 33 million members. Also in July, ...

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FOCUS ON INSURANCE — Fear the deer this time of year


By BECKY GILLETTE Deer hunting season is approaching, and with it brings the most dangerous time of the year in Mississippi for deer collisions with vehicles. Probably one of the main hobbies for men in Mississippi is deer hunting, but anyone who has had his or her vehicles smashed by a collision with a deer might wish for fewer deer in ...

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