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Tag Archives: Mexico

Mississippi firm buys Mexican asphalt business for $70M

A Mississippi company is buying the Mexican asphalt business of an Oklahoma company. SemGroup Corp. of Tulsa, Oklahoma said Monday that it was selling the business to Ergon Inc. of Flowood, Mississippi, for an estimated $70 million. The business includes 14 asphalt terminals and two laboratories. Privately-held Ergon owns refineries in Mississippi and West Virginia and also has other mostly ...

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Gov. Bryant flips on trade pact since 2015

By JACK WEATHERLY Gov. Phil Bryant said in a December 2015 interview that he supported the United States joining the Trans-Pacific Partnership. “I hope it’s approved, and I hope that we’re a strong part of it,” Bryant told the Mississippi Business Journal. Yet Bryant, a staunch supporter of Donald J. Trump, who has since been elected president and “vetoed” America’s ...

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MOVING TO MEXICO? — Batesville Casket to close Panola plant

By JACK WEATHERLY Faced with shrinking demand, the Batesville Casket Co. plant in Panola County will close its doors in March after nearly 30 years in operation. Two hundred are employed at the plant, where hardwood coffins are assembled. The plant was opened in 1988 because “we were looking for a plant located near the Vicksburg facility,” Indiana-based parent Batesville ...

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Gov. Bryant touts benefits of 12-nation free-trade agreement

By JACK WEATHERLY  Gov. Phil Bryant says he hopes that the Trans-Pacific Partnership will be approved because he believes it will enhance Mississippi exporting. “I hope it’s approved, and I hope that we’re a strong part of it,” Bryant said in an interview after the annual Governor’s Awards for Excellence in Exporting program at the Jackson Convention Complex on Dec. ...

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Stennis scientists in Mississippi develop app to track seaweed

By LISA MONTI  Last year beaches along the Gulf and other temperate waters worldwide were inundated with Sargassum, the free-floating tangle of reddish-brown seaweed that causes problems for fishermen, boaters, tourists and residents. In some places, drifts of the smelly seaweed were piled several feet high. So far in 2015, scientists say, there is a large amount of Sargassum in ...

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Cochran, Wicker pleased with ITC ruling on imported rebar

WASHINGTON, D.C. – U.S. Sens. Thad Cochran (R-Miss.) and Roger Wicker (R-Miss.) are supporting a decision that they say will benefit U.S. steel producers in Mississippi and other states by allowing the United States to act against the unfair surge in imported steel reinforcing bar or “rebar.” The U.S. International Trade Commission (ITC) has reached a unanimous determination that rebar ...

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Ag commissioners visit border, see need for immigration reform

SOUTH TEXAS  — Agricultural leaders from states far from the U.S.-Mexico border, including Mississippi Agriculture Commissioner Cindy Hyde-Smith, visited Texas yesterday and said they are more convinced than ever of the need for immigration reform after a tour of border security operations in the Rio Grande Valley. The eight state agriculture commissioners who joined Texas Commissioner Todd Staples at a ...

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Survey: Losses from late April storms could reach $1B

According to a report from a global reinsurance firm, the late April storm system that caused widespread damage and fatalities in Mississippi and 19 other states could be the world’s first billion-dollar storm of 2014. Impact Forecasting, the catastrophe model development center at Chicago-based Aon Benfield, has released the latest edition of its monthly Global Catastrophe Recap report, which reviews ...

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Mississippi getting the nod in reshoring decisions

Florida-based HVAC equipment maker AirGuide Manufacturing’s recent announcement that it would shift a handful of factory jobs from Mexico to Clarksdale hardly moved the needle on the news meter. But watchers in Mississippi of America’s “reshoring” effort noticed. They took AirGuide’s relocation decision as another sign of a coming “convergence” by which the cost of operating outside the United States ...

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Hispanic homebuyers: A wave to lift the housing industry?

At a time when the housing industry needs an infusion of hope, the demographic gods are poised to unleash what some realtors, lenders and builders say will be the industry’s salvation: waves of young Hispanic workers and families hungry for houses of their own. For the moment, however, holding back that salvation are such economic factors as tight credit and ...

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