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Tag Archives: Mississippi

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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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Mississippi’s commercial red drum season opens Saturday

The commercial fishing season for Red Drum will open at 12:01 a.m. Saturday. Officials with the Mississippi Department of Marine Resources say in a release that the annual total allowable catch for commercial Red Drum is 60,000 pounds (27,215 kilograms). If the quota is reached before Dec. 31, the season will be closed until Jan. 1, 2019.

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BEN WILLIAMS — PowerScoring Trump’s judicial appointments in the first 18 months

Ben Williams In his first 18 months in office, President Trump placed 44 lifetime Article III federal judges on the bench. Conservative pundits praise the record. But how do the 44 confirmations really stack up? The U.S. currently has 860 congressionally established Article III judicial positions, breaking down as follows: 9 Supreme Court justices, 179 appellate judges, 663 district judges, ...

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Trust says historic restorations bringing sustained economic dividends

By TED CARTER Three years ago, a John C. Stennis Institute of Government study concluded historic preservation in Mississippi does more than save old buildings. Saving the state’s past, the Mississippi State University-based institute said, carries the time-honored American virtue of making money. Specifically, each dollar of tax credits the state issues puts $2.45 into the pockets of workers and ...

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