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Tag Archives: construction

Heritage Building gets new life with sale and renovation

By JACK WEATHERLY The Heritage Building in downtown Jackson sold on the auction block a year ago. As the name suggests, there is history to the six-story structure at 401 E. Capitol St. Built in 1905, it was first the home of Kennington’s Department Store, then later McRae’s Department Store. It is on the National Register of Historic Places. In ...

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Tupelo’s Fairpark development adding tenants

By DENNIS SEID / Daily Journal TUPELO – The first two tenants have committed to a new Fairpark District development. Ross & Yerger is relocating its downtown Tupelo office on South Broadway to what will be called Fairpark Towers. Joining the Jackson-based insurance company’s office will be Century Construction and Realty Inc. Officials recently announced a public-private partnership between the city and ...

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BIG CAT IS ON THE PROWL — Caterpillar rental expansion into Columbus follows up an opening in Tupelo

By NASH NUNNERY Levi Johnson has found nirvana. A small-scale general contractor in rural Lowndes County, Johnson used to turn down more jobs than he could count simply because he lacked the right equipment in his tiny workshop. No more. Last month’s grand opening of The Cat Rental Store at Thompson Machinery in Columbus has instantly transformed the 47-year old ...

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Technology changing Mississippi construction industry at a dizzying pace

By BECKY GILLETTE Technology innovations such as drones, driverless vehicles and 3D printers are radically changing how buildings are constructed these days, and will do so even more in the future. That is both good and bad, depending on your perspective. While technology is making construction safer and, in some cases, better, it is also eliminating jobs. Associated General Contractors ...

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Burch appointed president at White Construction Co.

Steve Burch has been appointed President of White Construction Co. in Ridgeland. Since joining White Construction Company in 1994 as a Project Manager, Burch has been instrumental in projects and process improvements. Burch personally managed White Construction Co. projects for retail and corporate giants such Dell, Whole Foods Markets, and National Instruments. As Senior Vice President of Operations, beginning in 2007, he focused on systemizing ...

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Shortage of construction workers in state expected to grow to 80,000 in 2 years

By BECKY GILLETTE The issue of work-force availability in the construction trades continues to be an issue in Mississippi due to many workers retiring combined with fewer young people choosing a career in construction. “Finding adequate labor is definitely an issue, especially with bigger contracts,” said Bob Wilson, executive director, Associated General Contractors of Mississippi. “It is not as acute ...

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Watching the House and the Senate — For 2017 session, Realtors advocating passage of bill to help first-time buyers save

By BECKY GILLETTE About 200 members of the Mississippi Association of Realtors attended the annual Realtor Day at the Capitol Feb. 2, hearing from their elected officials, and discussing the Mississippi Realtors 2017 legislative priorities. Clarke Wise, governmental affairs director for Mississippi Realtors, said members heard from Gov. Phil Bryant, Lt. Gov. Tate Reeves, Secretary of State Delbert Hosemann, Treasurer ...

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Trade Mart to be razed and replaced

By JACK WEATHERLY With the receipt of the last installment of a $30 million bond issue, the Mississippi Trade Mart will be razed and replaced by a facility attached to the Mississippi Coliseum. The 66,000-square-foot exhibit hall built in 1975 is outmoded and its flat roof tends to leak, according to Cindy Hyde-Smith, commissioner of Agriculture and Commerce. A new ...

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COMMERCIAL FINANCE 701 — The outlook in Mississippi for 2017

Michael Lewis’ new book – The Undoing Project – should be the starting point for any projections about commercial finance in Mississippi during 2017.  The book underscores our defective reasoning process that routinely (1) underestimates uncertainty, (2) places too much weight on limited observations, and (3) ignores biases.  With those caveats in mind, we guesstimate the outlook for commercial finance ...

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