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Tag Archives: Tennessee Valley Authority

Emerald Home Furnishings plans furniture plant in New Albany


NEW ALBANY — Emerald Home Furnishings announced Wednesday that it will open an upholstered furniture factory in New Albany, investing more than $2 million and hiring 150 workers. The company, based in Seattle, Washington, will move into a building formerly occupied by furniture component manufacturer Hickory Springs, which closed its New Albany plant in June 2012. Federal, state and local ...

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Tennessee Valley Authority reports increase in income

CHATTANOOGA — The Tennessee Valley Authority says it has increased its net income for the first half of fiscal year 2015. TVA reported on Friday that it had a net income of $577 million, which is $349 million more than it reported in the same time period a year ago. The utility said operating expenses through the end of the second ...

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Judge dismisses suit over Paradise plant's switch to gas

DRAKESBORO, Ky. — A federal judge says the Tennessee Valley Authority conducted a proper environmental impact study when it decided to install natural gas burning units at a western Kentucky coal-fired power plant. The Kentucky Coal Association and a group of landowners near the Paradise Fossil Plant sued TVA in July. They argued that TVA did not follow proper procedures ...

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Judge tosses water association suit against state regulation

JACKSON — A federal judge has dismissed a suit that sought to stop the Mississippi Public Service Commission from regulating certain aspects of rural water associations and electric cooperatives. The Mississippi Rural Water Association sought to void a rule that requires a 60-day delay in utility deposits for domestic violence victims, claiming the commission overstepped its authority and conflicted with ...

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OptimComfort locates plant in Plantersville

PLANTERSVILLE  — A medical furniture design and manufacturing company will locate a facility in Plantersville in northeast Mississippi. OptimComfort Inc. announced plans Tuesday to locate a plant in a 27,000 square foot building formerly used by J. Ivy Industries. The project represents a $500,000 corporate investment and will create 70 jobs over the next three years. The Tupelo-based company manufactures ...

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PSC lawyer: Electric co-ops have less money than thought

JACKSON — That $160 million pile of cash that Northern District Public Service Commissioner Brandon Presley said Mississippi electric cooperatives should be giving back to their customers? Almost everyone agrees now that the state’s 25 cooperatives don’t have nearly that much money lying around. Shawn Shurden, a lawyer for the Public Service Commission, told commissioners earlier this month that a ...

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PSC sticks to order allowing domestic violence victims to delay utility deposits

JACKSON — The Mississippi Public Service Commission won’t reconsider its order to let victims of domestic violence delay paying utility deposits for 60 days, setting up a possible legal showdown over the regulator’s authority over rural water association and electrical cooperatives. The commission voted 3-0 yesterday to deny a request from rural water associations and electrical cooperatives to rehear the ...

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House votes for transfer of Yellow Creek Port land to state

IUKA — The House of Representatives has passed by voice vote H.R. 3044, which approves the transfer of Yellow Creek Port properties in Iuka. Located on the Tennessee-Tombigbee Waterway, the Yellow Creek Port was developed for economic development purposes by the Tennessee Valley Authority (TVA) in cooperation with the state of Mississippi. “Manufacturing remains one of the top drivers of ...

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Regulators to look at electric power co-ops' books

JACKSON — Regulators will review the books of Mississippi’s 25 electric power associations to try to determine whether they are holding money that should instead flow back to customers. The Mississippi Public Service Commission voted 3-0 yesterday for its own legal staff and the freestanding Public Utilities Staff to conduct a joint review, with an eye toward issuing a report ...

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