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Tag Archives: North Carolina

On-demand-retail adding new niche for EastGroup

EastGroup Properties’ Steele Creek Commerce Park building in Charlotte offers a combination of warehouse and office space and is visible from Interstate 485.

By TED CARTER A warehouse distribution model Jackson’s EastGroup Properties conceived nearly 20 years ago has found itself well situated to benefit from today’s “must-have-it-now” retail demand. “People want stuff and they want it quick,” said Leland Speed, the soon-to-retire founder and chairman of the real estate investment trust, or REIT. He opened the doors of the public held company in ...

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Mississippian Glenn McCullough Jr. gets nod as new MDA chief

Glenn McCullough takes over as the head of the Mississippi Development Authority Monday, June 8.

By TED CARTER An executive search that never left Mississippi has led to the appointment of Glenn L. McCullough Jr., former mayor of Tupelo and chairman of the Tennessee Valley Authority board, as executive director of the Mississippi Development Authority. Speaking to luncheon guests at the Mississippi Economic Council’s annual meeting, Gov. Phil Bryant said he kept the search within ...

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Source: McCullough a leading candidate for MDA job

        By JACK WEATHERLY Glenn L. McCullough Jr., former mayor of Tupelo and chairman of the Tennessee Valley Authority board, is a leading candidate to become executive director of the Mississippi Development Authority, according to a source familiar with the situation. McCullough said in a telephone interview with the Mississippi Business Journal  Thursday afternoon that “the MDA is very important ...

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Christensen talks with the media in North Carolina

In an interview prior to the announcement of the Brent Christensen leaving the Mississippi Development Authority, the new head of the Greensboro (N.C.) Partnership sat down with the Triad Business Journal. Here is the intro to that story with a link to the entire story … Brent Christensen, current executive director of the Mississippi Development Authority, has been named the ...

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MDA's Brent Christensen leaving for Greensboro (N.C.) Partnership

By JACK WEATHERLY Mississippi Development Authority Executive Director Brent Chistensen is leaving the post he has held for three years to become president and chief executive of the Greensboro (N.C.) Partnership. During Christensen’s tenure, more than 17,000 jobs were created and more than $2.43 billion incorporate investment was made, according to an MDA release. A signal achievement was the recruitment ...

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Eric Martin Satz nominated to serve on TVA board

NASHVILLE — The White House has nominated venture capitalist Eric Martin Satz to serve on the board of the Tennessee Valley Authority. Satz is partner at venture capital and private equity firm TNCV. If he is confirmed by the U.S. Senate, Satz would serve on the federal utility’s board until May 2018. He would replace Oak Ridge attorney Neil G. ...

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TVA changing the way in charges for electricity

CHATTANOOGA — The Tennessee Valley Authority is giving notice that it plans to change the way it charges customers for electricity. The Chattanooga Times Free Press reports the nation’s largest public utility notified local power companies this month that its pricing schedules will be tweaked when the board meets in August to adopt a budget for next year. TVA officials ...

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Cumberland County North Carolina votes 4-3 to offer Sanderson Farms incentives

Associated Press / Fayetteville Observer CUMBERLAND COUNTY, North Carolina — Cumberland County commissioners voted 4-3 Monday night to offer incentives to Sanderson Farms, a poultry processing giant that once considered Fayetteville for a $95 million plant. The Mississippi-based company could have its pick of the litter if “Project Apple,” an unnamed venture approved Monday night by officials in St. Pauls ...

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Cumberland to vote on incentives for Sanderson Farms plant

FAYETTEVILLE, N.C. — The Cumberland County Board of Commissioners is voting on an incentives package for a $95 million chicken processing plant, but they may be too late. The Fayetteville Observer reports commissioners are scheduled to vote Monday night on whether to approve $2.5 million in incentives for a Sanderson Farms’ plant. But officials in Robeson County and St. Pauls ...

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