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Tag Archives: Pensacola

Hattiesburg bank to buy Louisiana, Florida lenders

  MBJ Staff First Bancshares Inc. of Hattiesburg announced on Friday the purchase agreements for two banks for more than $33 million. The holding company for The First, First Bancshares Inc., in a cash deal bought common shares valued at $31 million to acquire Iberville Bank of Plaquemine, La. First Bancshares also announced an all- stock agreement with Gulf Coast ...

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Meridian's FMC relocating headquarters to Florida

MERIDIAN — Headquarters for a 60-year-old Meridian company with more than 40 branches throughout Mississippi and Louisiana will relocate to Florida in July. Financial Management and Investment Corp. will move its headquarters from Meridian to Pensacola, Florida, said company CEO Tag Purvis. “Recently, we were courted by the city of Pensacola as a targeted industry,” Purvis said. “We have purchased ...

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NewsBreak: Boat with containment box at oil site

ON THE GULF OF MEXICO — With success uncertain, a boat carrying a 100-ton concrete-and-steel contraption designed to siphon off the oil fouling the Gulf of Mexico arrived at the scene Thursday in an unprecedented attempt to cap a blown-out well spewing hundreds of thousands of gallons a day. Another boat with a crane would start lowering the box to ...

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Giant dome for Gulf oil leak is next best solution

NEW ORLEANS — The best short-term solution to bottling up a disastrous oil spill threatening sealife and livelihoods along the Gulf Coast should be arriving on Wednesday in the form of a specially built giant concrete-and-steel box designed to siphon the oil away. Crews for contractor Wild Well Control were putting the finishing touches Tuesday on the 100-ton containment dome. ...

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