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Tag Archives: manufacturing

Russo named CEO of Phosphate Holdings/Mississippi Phosphates

PASCAGOULA — Phosphate Holdings Inc., and Mississippi Phosphates Corporation has a new chief executive officer. The company, in a news release, said Stephen S. Russo has replaced interim CEO James L. Sherbert. Sherbert will remain on the board of directors under the new title of executive chairman. Russo will oversee all company operations and be based at the company’s new ...

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Corps official: River needs larger ports, locks and dams

MISSISSIPPI RIVER — Higher-capacity ports, expanded locks and dams and other infrastructure improvements are needed in the Mississippi River Watershed to allow its waterways to handle shipping demands caused by higher agriculture, oil and natural gas production and manage climate change effects, a U.S. Army Corps of Engineers official said yesterday. Brig. Gen. Peter A. DeLuca, commander of the corps’ ...

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Georgia-Pacific completes acquisition of SPG Holdings

HATTIESBURG — Georgia-Pacific, LLC and SPG Holdings, LLC have completed the previously announced acquisition of SPG by Georgia-Pacific. Financial details of the agreement are not being disclosed. As a result of the acquisition, Georgia-Pacific acquired all of the equity of SPG held by investors in the company including CIC Partners, a Dallas-based middle market private equity firm that has been ...

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VT Halter finishes construction on largest vessel in company history

PASCAGOULA — VT Halter Marine Inc. has launched the MV Marjorie C, a container and roll-on/roll-off car truck carrier at its Pascagoula facilities. The MV Marjorie C is the second vessel built for Honolulu-based Pasha Hawaii. It has the ability to carry 1,500 20-foot equivalent units, above and under deck, as well as vehicles and over-high and over-wide cargoes on ...

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Severstal-Columbus fined for faulty pollution-control system

COLUMBUS — The Mississippi Department of Environmental Quality has fined Columbus steel mill Severstal $135,000 because the company’s pollution-control monitors didn’t function properly after the plant expanded in June 2011. The company agreed to pay the fine May 12. It’s the largest environmental fine assessed by Mississippi since it fined Denbury Resources $662,500 last year over a 2011 oil well ...

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Great River Industries moving headquarters to Natchez

NATCHEZ — Great River Industries, formerly known as Enersteel, is expanding its operations in Natchez by locating its corporate headquarters there and adding 12,000 square feet of manufacturing space. The project represents a corporate investment of $4 million and will create 25 new jobs. Additionally, the company will retain the facility’s existing 150 employees. Great River Industries specializes in fabricated ...

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Explosion at Coast fish plant leaves one dead, three injured

MOSS POINT — One person was killed and three others were injured in an explosion today at a fish processing plant on the Mississippi coast. Omega Protein spokesman Ben Landry said it happened about 9:30 a.m. while employees of a subcontractor were working on two storage tanks. “One tank exploded and we have one fatality and three injuries, one of ...

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Severstal selling plants, including Severstal Columbus

COLUMBUS — Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Word of a possible sale began to circulate earlier this year as the West threatened sanctions against Russia for its activity in the Ukraine, but Severstal has not among those companies targeted by ...

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Airbus partners with Precision Aviation, Government Capital

COLUMBUS — Airbus Helicopters Inc. (AHI) has partnered with Precision Aviation Services and Government Capital Corp. to provide tax-exempt financing for mission equipment technology upgrades and required major maintenance for law enforcement and government-owned AS350-series helicopters. Precision Aviation Services, of Peachtree City, Ga., AHI’s newest service center, will work with AHI and Government Capital to provide aircraft systems and avionics upgrades, ...

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Fertilizer-maker consolidating, relocating headquarters to Coast

PASCAGOULA — Mississippi Phosphates Corp. is closing its administrative headquarters in Madison and consolidating all operations at Pascagoula manufacturing facility. CEO Jim Sherbert says in the news release that the move will allow the company to increase efficiency and eliminate costs associated with maintaining a remote headquarters. Mississippi Phosphates makes sulfuric acid and phosphoric acid to produce diammonium phosphate, or ...

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