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Tag Archives: HATTIESBURG

Hattiesburg’s The First Bancshares announces the acquisition of Iberville Bank and Gulf Coast Community Bank

The First Bancshares, Inc. (NASDAQ: FBMS), holding company for The First, A National Banking Association, (www.thefirstbank.com), based in Hattiesburg, has announced that it has acquired Gulf Coast Community Bank, based in Pensacola, FL and Iberville Bank, based in Plaquemine, LA. » READ THE COMPLETE STORY at Hattiesburg Business Today

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Power co-op gets bond rating upgrade after exiting Kemper deal

Cooperative Energy and its 11 co-op members will see lower debt costs on $35.4 million bond   By TED CARTER / Hattiesburg Business Today Bailing out of its 15 percent ownership stake in Mississippi Power’s Kemper gasification plant has helped Hattiesburg-based Cooperative Energy gain a ratings upgrade on a $35.4 million bond issue. The electric power co-op, which changed its name ...

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Plans to create new arts center taking shape in Hattiesburg

A plan to transform the former Hattiesburg American building into a public arts center is taking shape. The Hattiesburg American reports that local architect Sarah Newton has completed the schematic design for the building and is moving forward with design development, including drawings of floor plans, alterations and building elevation. The newspaper reports that the concept of turning the building ...

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Possibilities abound in downtown Hattiesburg

By BECKY GILLETTE / Hattiesburg Business Today Historic downtown Hattiesburg has a lot of fans of its stately turn-of-the century buildings including treasures like the restored Saenger Theater. The downtown is a center for city, county and federal government facilities, and in the past decade has seen some significant reinvestment that resulted in some popular new retail and dining options ...

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Convicted pastor seeks sentencing delay in federal case

Hattiesburg pastor Kenneth Fairley, who was convicted of federal theft and conspiracy charges, is asking for a continuance for his sentencing. Media outlets report that Fairley’s attorneys filed a motion that seeks a delay from Dec. 19 until January to allow time for the court to address Fairley’s objections to some items in his presentence report. The motion also requests ...

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Hattiesburg shines with massive new solar farms and jobs growth

By BECKY GILLETTE / Hattiesburg Business Today The greater Hattiesburg area is quickly becoming a solar hub of the state and region with two, $100-million solar farms covering 1,000 acres current under construction that are expected to come online producing 100 megawatts of electricity by the summer of 2017, said Chad E. Newell, president of the Area Development Partnership (ADP). » ...

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Forrest Health’s CleanEarth solves medical waste disposal needs

Hattiesburg Business Today HATTIESBURG — Prior to 2000, most hospitals in the U.S. had medical waste incinerators, often on site. That included Forrest General Hospital. Then the Environmental Protection Agency (EPA) ruled that all hospital incinerators in the U.S. had to either be shut down or be upgraded — something that could cost millions of dollars — by September 2000, Forrest General ...

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USM slashing out-of-state tuition fees to attract more students

Hattiesburg Business Today The University of Southern Mississippi (USM) wants more Golden Eagles from out of state. With in-state enrollment declining for each of the past four years, USM plans to attract more students by reducing out-of-state tuition by $6,565 beginning next fall. Out-of-state tuition will fall from $16,529 this year to $9,964 in the fall of 2017. That will ...

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Southern Miss’s ‘Garden’ science park element ready to market parcels

» Legislature gave USM greenlight to sell, lease properties inside   Hattiesburg Business Today The University of Southern Mississippi is set to begin marketing the approximately 520-acre technology park component of The Garden. Once home to the university’s golf course, the innovation and commercialization park on Shelby Thames Drive already has curb cuts, water and sewer and fiber lines. But until this ...

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Scianna Hall ‘transformative’ for USM College of Business, dean says

» Business student numbers up while USM total enrollment is down   Hattiesburg Business Today Faye Gilbert narrowly missed getting to inaugurate a new home for the College of Business and Economics at Radford University in Virginia, where she served as business school dean. But the opportunity arose anew upon her arrival at the University of Southern Mississippi in summer ...

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