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Tag Archives: Chandler Russ

Updated: ‘Streamlined’ MDA debuts its analytical website

MDA web screenshot-feature_rgb

By JACK WEATHERLY  If it wants to remain competitive with other states, the Mississippi Development Authority needs to streamline and recognize that communications technology has changed. The agency has heeded those findings from a 2014 study funded by the Mississippi Economic Council, the state chamber of commerce. Streamlining means better delivery of services, said George Freeland, executive director of the ...

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Oil exploration company gets $400M from private equity firm

WILKINSON COUNTY — A private equity firm will invest up to $400 million to support efforts by Houston-based Halcón Resources Corp to drill for oil on the 314,000 acres that Halcón has leased in the Tuscaloosa Marine Shale of southwest Mississippi and southeast Louisiana. Halcón said yesterday that it would sell $150 million in preferred stock to Apollo Global Management, ...

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Local boy: Russ finds success back in his hometown

As he drove his SUV around the former Rentech site, it was more than obvious that Chandler Russ is home. The Natchez native easily rattled off the site’s history and assets from memory. And, Russ does it with a big grin. Coming up on his third anniversary as executive director of Natchez Inc., the lead economic development organization for Natchez ...

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Enerfab unveils plans for yet another expansion

NATCHEZ — Enerfab Inc. plans a second expansion in less than a year at its Enersteel operation in Natchez. The $10-million investment, announced yesterday, is projected to create at least 45 jobs, raising the company’s employment total above 150. That comes on top of an $11-million, 20-job expansion announced in May. The company opened its Natchez location in the second ...

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Entergy recognizes Stedman

Sue Stedman, chairman of Natchez Inc. and vice president and sales manager for Crye-Leike Stedman Realtors, is a 2011 recipient of Entergy Mississippi Inc. Teamwork Mississippi Community Leadership Award. A major driving force in Natchez and Adams County for many years, Stedman has supported economic development as a city alderman and business owner. In addition, she gives generously of her ...

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Who should lead the MDA?

Speculation is rampant. Who is going to replace Gray Swoope as executive director of the Mississippi Development Authority (MDA) on an interim basis, and who might the next governor chose as a permanent replacement? The Mississippi Business Journal recently conducted an informal survey of approximately a half-dozen Mississippi economic developers, and asked them who they saw as solid prospects for ...

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A public railroad?

When Utah-based V&S Railway purchased the railroad that runs from Brookhaven to Natchez in the summer of 2009, the sale was contingent upon V&S keeping the line open for two years. That window closes in June, and officials in Adams, Franklin and Lincoln counties are making plans to keep the line open should V&S decide to abandon it. Senate Bill ...

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MDA focusing on existing industry

Several sewing factory workers walked into the economic development office in Laurel unannounced. This was the early 1990s, when a lot of the “cut and sew” factories were heading in droves to China and Mexico. The workers wanted to see the organization president, Mitch Stennett, so they could tell him that Laurel Industrial Garment had announced it was selling out ...

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Russ faces uphill challenge in Natchez

With outlook grim, economic development vet comes home to change chemistry Chandler Russ grew up in Natchez, went to the University of Southern Mississippi and has since built an economic development career that has taken him to almost every part of Mississippi and into Arkansas. He’s about to go back home. On Nov. 1, Russ will become the first director ...

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