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Tag Archives: Louisiana

Mississippian Glenn McCullough Jr. gets nod as new MDA chief

Glenn McCullough takes over as the head of the Mississippi Development Authority Monday, June 8.

By TED CARTER An executive search that never left Mississippi has led to the appointment of Glenn L. McCullough Jr., former mayor of Tupelo and chairman of the Tennessee Valley Authority board, as executive director of the Mississippi Development Authority. Speaking to luncheon guests at the Mississippi Economic Council’s annual meeting, Gov. Phil Bryant said he kept the search within ...

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Hattiesburg bank earnings rise to $1.9 million

Hattiesburg-based First Bancshares Inc. announced on Thursday that its net earnings for the first quarter were $1.9 million, or 36 cents per share, compared with $1.3 million, or 25 cents for the corresponding quarter in 2014. Assets grew by 4.8 percent to reach $1.1 billion as of March 31. Loans stood at $716 million, up $11.8 million in the quarter. ...

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$134M proposed for 10 BP-funded oil spill recovery projects

JACKSON — State and federal officials overseeing $1 billion provided by BP PLC to spur recovery from the 2010 Gulf of Mexico oil spill said Monday that they’re proposing another 10 projects totaling $134 million. About $700 million to repair environmental damage and enhance recreational access has been allocated previously, although some of that work has yet to begin. The ...

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Source: McCullough a leading candidate for MDA job

        By JACK WEATHERLY Glenn L. McCullough Jr., former mayor of Tupelo and chairman of the Tennessee Valley Authority board, is a leading candidate to become executive director of the Mississippi Development Authority, according to a source familiar with the situation. McCullough said in a telephone interview with the Mississippi Business Journal  Thursday afternoon that “the MDA is very important ...

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TRANSITION AT THE MDA — Is Mississippi better off than it was 3 years ago?

By JACK WEATHERLY  Is Mississippi better off than it was three years ago? That’s a fair enough question when it comes to measurable matters such as jobs created and money invested. The answer is: depends on whom you’re asking. And what you’re asking. When the Mississippi Development Authority announced April 8 that Brent Christensen  was resigning his job as executive ...

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New power grid manager poised to open

LITTLE ROCK — A nonprofit company that manages the power grid from the Gulf Coast to Manitoba unveiled a new operations center in Arkansas on Tuesday, saying it moved to the state because it’s not prone to hurricanes and has an increasingly talented workforce. The Midcontinent Independent System Operator control room will manage power production and transmission in parts of ...

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Mississippi geography offers engineering challenges

By LISA MONTI If you look at the geography of Mississippi with an engineer’s eye, you can see some of the challenges those professionals face in their practices. “Mississippi is an interesting state for structural design,” said Jason McQueen, president of the Structural Engineers Association of Mississippi. “On the Coast there are design requirements for hurricanes and floods. In the central ...

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Feds: Oil leasing in Gulf slows due to oil price drop

NEW ORLEANS — Regulators say only 195 bids were placed on the 41 million acres of the Gulf of Mexico up for new oil and gas leasing off of Louisiana, Mississippi and Alabama. That’s the lowest number since 1986 when 129 bids were offered, according to the Bureau of Ocean Energy Management. It says the low price of oil accounts ...

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Yes, this little critter can … BEAT YOUR ASH

By LYNN LOFTON It’s very clear that the Emerald Ash Borer beetle is not welcome in Mississippi even though it has made its way to surrounding states. The Mississippi Forestry Commission is leading the fight to keep this non-native invasive pest out of the Magnolia State. Originally found in Asia and parts of Russia, the tiny insect arrived in America ...

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2014 a good year for filmmaking in Mississippi

COLUMBUS — In 2014, 19 feature films along with six reality shows and six documentaries were shot partially or entirely in Mississippi. “We had a rather remarkable year last year and we expect that to continue,” said Ward Emling, director of the Mississippi Film Office. While in the past, movies filmed in Mississippi were based on stories that took place ...

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