Home » Tag Archives: Mississippi (page 2)

Tag Archives: Mississippi

BILL CRAWFORD — Special session puts Band-Aid on state road and bridge sores

BILL CRAWFORD Was that a kinder, gentler Tate Reeves emerging from the recently concluded special session of the Mississippi Legislature? Reeves said the public should note the session’s bipartisan goodwill, wrote the AP’s Emily Wagster Pettus in a wrap-up story last week. Goodwill between the House and Senate much less bipartisan goodwill have not been at the forefront of Reeves’ ...

Read More »

City with $600K budget deficit closes jail, lays off jailers

Officials say a Mississippi city facing a budget deficit of roughly $600,000 has decided to close its jail and lay off its jailers. WLOX-TV reported Thursday that Ocean Springs aldermen voted last month to close its jail and send inmates to a county detention center. Aldermen say the city will be making cuts to balance next year’s budget in light ...

Read More »

Mayor: City earmarking property tax increase for road repair

A south Mississippi city is raising taxes to pay for more roadwork. WDAM-TV reports the city of Laurel is raising property taxes by 4 mills, or $40 on a $100,000 house. The City Council approved the tax increase as they approved the city budget beginning Oct. 1. Laurel Mayor Johnny Magee says the money will be earmarked to repair roads. ...

Read More »

Starkville-based Camgian to expand to Tuscaloosa

By MBJ STAFF Starkville-based Camgian Microsystems, a pioneer in advanced sensing systems and technologies, will expand to Tuscaloosa, Ala. Camgian is a leader in developing integrated sensing platforms that provide real-time situational awareness. Using advanced technologies in sensing, artificial intelligence (AI) and machine learning, Camgian improves the performance of clients in the military, financial and industrial sectors. “We are excited ...

Read More »

Mississippi, Japan have strong foundation

By CALLIE DANIELS BRYANT Glenn McCullough United States municipal and state officials are reaching out to Japan for economic opportunities and increased employment for the nation’s rural areas. Japan is the second largest foreign direct investor (FDI) in the United States, and the value of this country’s investments has grown to an estimate of $13 billion this year. Japan has ...

Read More »

LAW ELEVATED — Recent tax changes to encourage development & new investment

GRAY SWOOPE Wilson Montjoy Recent enactments of both the U.S. Congress and Mississippi Legislature have modified tax laws to encourage development and new investment. Reducing Fee-in-Lieu to $60 Million Enhances Economic Development Recruitment Tools, Mississippi has traditionally offered incentives for economic development, recognizing that new and expanding industries bring jobs and increased tax revenues, but that Mississippi must compete for ...

Read More »

Renasant nearly a $13 billion bank with latest merger

By DENNIS SEID / Daily Journal TUPELO – In just three years, Renasant Corp.’s assets have more than doubled. Acquisitions have played a large role in that growth, as the parent company of Renasant Bank has merged with four other banks during that time. The most recent is its merger with BrandBank of Georgia. The $452 million deal is the ...

Read More »

Beauty retailer opens Mississippi warehouse with 220 workers

Beauty retailer Sephora says it’s opened a northern Mississippi distribution center with 220 workers. The unit of French luxury goods house LVMH didn’t immediately say Thursday when asked how much it’s investing in Olive Branch. Employment is supposed to grow to 400. Sephora is renting the 720,000-square-foot (67,000 sq. meter) warehouse from San Francisco-based Prologis. Mississippi Development Authority spokeswoman Tammy ...

Read More »

Mississippi governor has September deadline on lottery bill

Mississippi Gov. Phil Bryant has a mid-September deadline to sign a bill creating a state lottery to help pay for roads and bridges, and he has promised to do so. Bryant said getting a lottery up and running will take at least six months. Some lawmakers said it could take a year. The governor will appoint five people to serve ...

Read More »