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Tag Archives: Mississippi

Coast Coliseum to get food overhaul starting July 1

Visitors to the Coast Coliseum & Convention Center in Biloxi will soon be in for some new food. The Sun Herald reports that Levy Convention Centers will become the new food service provider as of July 1. Matt McDonnell, executive director of the Center, said Levy will invest $2.5 million in new equipment and venues. New concession stands, cafes and a VIP ...

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BILL CRAWFORD — Other states’ Republican leaders stand up to Trump tariffs

Trump tariffs and retaliatory tariffs are no big deal for Mississippi say key Republican leaders. “Everything will work out,” is their mantra.   Meanwhile, Trump tariffs kicked in June 1st on steel (25%) and aluminum (10%) imports from the European Union, Canada, and Mexico. Mexico imposed retaliatory tariffs on June 5th, Canada will on July 1st, and the EU will later ...

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Report: Mississippi gets a B for manufacturing

Mississippi receives a “B+” for manufacturing in a new report from Ball State University. Mississippi improved from “C+” to “B” in its Benefits Costs grade. The state declined from “D” to “F” in Liability Gap. Mississippi maintained grade of “A” in Diversification, “B+” in Manufacturing , “C+” in Tax Climate, “C” in Logistics and Global Position, and “F” in Human ...

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Soybeans to take major hit as China announces equal penalties to retaliate for US tariffs

China’s government responded quickly to U.S. President Donald Trump’s tariff hike on Chinese goods by announcing Friday it will immediately impose penalties of “equal strength” on U.S. products. The Commerce Ministry said it also was scrapping deals to buy more American farm goods and other exports as part of efforts to defuse a sprawling dispute over its trade surplus and ...

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3 Mississippi Choctaw casinos plan to offer sports betting

Three casinos run by the Mississippi Band of Choctaw Indians will offer sports betting, but tribal leaders haven’t said when it will start. Betting will be available on collegiate and professional sports, including horse racing, Tribal Chief Phyllis J. Anderson said in a news release this week. The tribe has two casinos, the Silver Star and the Golden Moon, outside ...

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Sweet potato producer Penick acquired by Alexander Farms

VARDAMAN – Two powerhouse sweet potato growers have combined, with Alexander Farms finalizing the purchase of several Penick Produce businesses last week. Investment banking company Legacy Capital said the transaction was signed May 22, with Penick Produce Co., Penick Business, Penick L.P., and significant land assets sold to local sweet potato operator Alexander Farms for an undisclosed figure. “My father-in-law, ...

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Hago Automotive adding 60 jobs to Iuka facility

IUKA – Germany-based automotive supplier Hago Automotive is doubling its footprint to accommodate a new contract with BMW and adding 60 jobs over the next four years. The company, which opened the plant in 2016, is investing $4 million in new equipment. Construction will begin this summer and is expected to be completed by spring 2019. “This expansion illustrates to ...

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Sweetie Pie’s may be next addition to Downtown Jackson restaurant scene

By JACK WEATHERLY The first-floor space at the northwest corner of the Plaza Building at 120 N. Congress St. has been vacant since October 2015 when La Finestra, an Italian cuisine restaurant, closed. Now it appears that could soon change. The for-lease signs have been taken from the windows. And there is a buzz about the rumored leasee. That would ...

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COMMERCIAL FINANCE 701 — Real estate loans – HVCRE revisited

In the midst of all the recent investigations, pardons, Supreme Court rulings, and incessant breaking news, you might have missed a favorable change in federal banking law.  On May 22, Congress amended the Dodd–Frank Wall Street Reform and Consumer Protection Act (enacted in 2010), which revisions included significant tweaks to the High Volatility Commercial Real Estate (HVCRE) regulations governing commercial ...

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Fair Housing Act’s 50th anniversary to be observed

By MBJ STAFF To commemorate the 50th anniversary of the Fair Housing Act, three local professional real estate organizations, Central Mississippi REALTORS, the Women’s Council of REALTORS, and the National Association of Real Estate Brokers (NAREB) will offer an educational event on July 25 for real estate professionals in the Jackson metro area. The event is titled “Fair Housing: Myth ...

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