Home » Tag Archives: Mississippi Development Authority

Tag Archives: Mississippi Development Authority

Township at Colony Park to build penultimate phase

By JACK WEATHERLY Kerioth Corp. is planning to add two hotels and a conference center as one of the last two phases of The Township at Colony Park. And latest aspect of the mixed-use development in Ridgeland will be in keeping with the upscale nature of the project that began 2003, said Kerioth President and Chief Executive Clint Herring. Two ...

Read More »

Biewer Lumber opens for business in Newton

  Biewer Lumber’s officially opened its $85 million state-of-the-art sawmill in Newton on Tuesday. St. Clair, Mich.-based Biewer will employ about 125 at its Newton mill, which received $5 million in grants and loans from the state for site preparation and rail and road improvements. Additionally the city of Newton and Newton County each gave  about $268,000 as matches for the ...

Read More »

Mississippi manufacturer betting on a weaker dollar

By JACK WEATHERLY Wayne Wade has concerns about continuing to do business in Vietnam. But it’s not because President Donald Trump “vetoed” America’s participation in the Trans-Pacific Partnership free trade pact. It’s the strong U.S. dollar, said Wade, president of Bio-Soil Enhancers Inc. of Hattiesburg. Vietnam is the company’s biggest customer. The Southeast Asian country would be one of the ...

Read More »

Looking south for trade with Cuba

By JACK WEATHERLY  Mississippi is joining the hunt for “gold” in Cuba as the United States appears to be moving toward resumption of trade with the island nation 90 miles off the tip of Florida after a 55-year embargo. The nation of 11 million in so many ways is frozen in time, typified by 1950s autos that have been recycled ...

Read More »

GLENN McCULLOUGH — Powering Mississippi’s economy

Mississippi’s abundance and wide array of energy resources means we pay less than the national average for residential, commercial and industrial electricity. At the same time, Mississippi’s renewable energy resources are putting our people to work, processing the raw materials and restoring the forestland. Mississippi’s 19.8 million acres of forestland fuels a thriving forest product industry, generating a $12.3 billion ...

Read More »

Chemical firm announces 150-worker factory in DeSoto County

OLIVE BRANCH — A contract chemical maker will open a factory in Olive Branch, with plans to hire 150 people over three years. BPI Packaging of Memphis, Tennessee, will invest $8 million, buying a 291,000 square-foot building formerly occupied by Sherwin Williams. President Bobby Dunn says the facility allows privately-held BPI to expand its product line. The Mississippi Development Authority ...

Read More »

MDA reveals clawbacks on TopShip deal

The Mississippi Development Authority has released to the Mississippi Business Journal the “clawbacks” that TopShip LLC agreed to for state funding and other considerations. The company, which will manufacture boats to service the offshore oil industry at the Port of Gulfport, promised to invest $68 million and create 1,000 jobs. In return, the MDA and the State Port Authority agreed ...

Read More »

Mississippi public universities partner with business groups to launch MBEN

Commissioner of Higher Education Dr. Glenn Boyce has announced the launch of the Mississippi Business Engagement Network, an initiative to connect business and industry to the wealth of university assets housed within Mississippi Public Universities. The initiative has a website, msben.com, to facilitate these connections. “The Mississippi Business Engagement Network serves as a way for business leaders, economic developers and site selectors to ...

Read More »

Oakland Frozen food maker Ajinomoto Windsor adding new line, 60 jobs

Frozen food manufacturer Ajinomoto Windsor, formerly known as Windsor Foods, will add 60 jobs with the addition of a new production line at its plant in Oakland. The Yalobusha County project represents a corporate investment of more than $20 million. Ajinomoto Windsor opened its 140,000-square-foot facility in Oakland in 2007 with 250 workers. The company also added jobs in 2010 ...

Read More »

$1.34 million expansion will create 40 jobs

  MBJ staff Foamcraft Inc., manufacturer of polyurethane foam insulation products, announced Wednesday a $1.34 million expansion of it operations in Tupelo that will create 40 jobs. Foamcraft will expand into the 115,000-square-foot facility formerly occupied by Fibre Craft. Foamcraft will also continue to operate from its adjacent 75,000-square-foot plant. Mississippi Development Authority provided a $30,000 grant toward modification of ...

Read More »