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Tag Archives: economic development

Avectus relocating to downtown Corinth building

CORINTH — Avectus Healthcare Solutions of Corinth is adding 50 new jobs in a local expansion. The announcement came today during a ceremony attended by Gov. Phil Bryant and company officials in Corinth. The company is moving into the former Chadco building in downtown Corinth. The project represents a corporate investment of $300,000. Officials said the move into the larger ...

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Williams-Sonoma expanding, adding nearly 1,000 jobs

OLIVE BRANCH — Williams-Sonoma is adding 900 jobs in an expansion of its distribution center in Olive Branch. Gov. Phil Bryant and Williams-Sonoma officials made the announcement Friday at the plant. The company now employs 650 people at its leased 2 million-square-foot distribution center. It employs between 2,000 and 3,000 seasonal workers each year during peak periods. The Mississippi Development ...

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ROXUL opens first U.S. plant in Marshall County industrial park

MARSHALL COUNTY — ROXUL Inc., a manufacturer of stone wool insulation products in North America, has officially opened its first manufacturing facility in the United States. ROXUL President Trent Ogilvie, ROCKWOOL International CEO Eelco van Heel and Gov. Phil Bryant cut the ribbon at the grand opening, which was followed by a tour of the $160 million plant located in ...

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JRA will cover $1.5 million HUD repayment for Farish St. blunders

The Jackson Redevelopment Authority agreed Wednesday to cover a demand from the U.S. Department of Housing and Urban Development for repayment of $1.5 million HUD invested in downtown’s dead Farish Street project. The City of Jackson had agreed to repay the money over three years starting in December 2016. But that could have left in place a suspension HUD put ...

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House votes for transfer of Yellow Creek Port land to state

IUKA — The House of Representatives has passed by voice vote H.R. 3044, which approves the transfer of Yellow Creek Port properties in Iuka. Located on the Tennessee-Tombigbee Waterway, the Yellow Creek Port was developed for economic development purposes by the Tennessee Valley Authority (TVA) in cooperation with the state of Mississippi. “Manufacturing remains one of the top drivers of ...

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Entergy again makes top 10 for economic development efforts

NEW ORLEANS — For the seventh consecutive year, Entergy Corporation has been named one of the nation’s top 10 utilities in economic development for 2013 by Site Selection magazine. The company was chosen for its efforts to help attract nearly $21 billion in projects, which could result in as many as 9,200 jobs across its four-state service territory of Arkansas, ...

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TRI-Mississippi project receives $17.8M TIGER VI grant

  SOUTHWEST MISSISSIPPI — A total of $17.8 million in federal transportation funding has been awarded for a collaborative initiative to support job growth by improving roadways in three Southwest Mississippi counties. The U.S. Department of Transportation has approved a $17.8-million TIGER VI grant application submitted by Claiborne County, along with Franklin and Jefferson counties and Alcorn State University. The ...

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Jones County launches leadership 'masters program' to mark 25th anniversary

LAUREL — Nearly 500 individuals have participated in Leadership Jones County (LJC) since the first class in 1990. Developed to identify and prepare the community’s future leadership resources, LJC has provided Jones County with a network of current and emerging leaders who possess the skills and sense of commitment to improve our community. LJC has been a model for many ...

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EDA awards grant for water infrastructure improvements at industrial park

HOUSTON — The city of Houston has been awarded a federal grant that will support extensive water system infrastructure upgrades at its industrial park. The Economic Development Administration (EDA) has approved a $1.47 million investment grant to help construct a new water system to serve current and future tenants at Houston’s industrial park. The funding will cover just over half ...

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Former MDA employee, Jay McCarthy, returns as CFO

With 30 years experience in finance, banking and economic development, Jay McCarthy is prepared for his new position as chief financial officer for the Mississippi Development Authority. His experience has included previous stints with MDA along with work in the private sector. As chief financial officer, he oversees MDA’s Financial Resources and Accounting and Finance Divisions. In that capacity he ...

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