Home » Author Archives: Clay Chandler (page 10)

Author Archives: Clay Chandler

Toyota plant brings Highway 9 to record completion

There was a theme at last week’s ribbon cutting for the new four-lane state Highway 9: Doing things under budget and in record time requires a public-private partnership in which everybody pulls on the same end of the rope. It also doesn’t hurt if it’s Toyota that will be the highway’s main beneficiary. The $87.5 million highway connects to U.S. ...

Read More »

PSC to examine formula rate plans for Entergy, MPC

The Mississippi Public Service Commission voted 3-0 last week to begin an examination of the formulas used to calculate return on equity for Mississippi Power Company and for Entergy Mississippi. Return on equity (ROE) is the amount of net income returned as a percentage of shareholders equity. It is used to measure a corporation’s profitability by revealing how much profit ...

Read More »

Experts: Troublesome nursing faculty shortage to get worse

As different parts of the Affordable Care Act begin to take effect, it could exacerbate an existing problem in Mississippi. Already there isn’t enough faculty to teach nurses to meet existing demand. Nursing professionals say the shortage will deepen if the gap between private sector pay and that of academia isn’t closed at least somewhat. Dr. Susan Lofton, professor of ...

Read More »

Upside and risk in linking corporate name to Mississippi Coliseum

Mississippi marketing executives say state Agriculture Commissioner Cindy Hyde-Smith has initiated a money-winning idea with her plans to sell 10-year naming rights to the Mississippi Coliseum on the state fairgrounds. Hyde-Smith wants to bring the state fairgrounds and its facilities sums similar to the millions Southaven and Tupelo received by selling arena and convention center naming rights to Landers Automotive ...

Read More »

Group working on Mississippi literary trail

Mississippi already has cultural trails that celebrate the state’s musical heritage and honor those involved in the Civil Rights movement. A group of arts-centered state agency heads hopes to add a literary trail. The Culture Club — which includes directors from Arts Commission, Library Commission, Department of Archives and History and the Humanities Council – has met once a month ...

Read More »

New fairgrounds advertising bill designed to bring in revenue

Early in the last legislative session, Commissioner of Agriculture and Commerce Cindy Hyde-Smith asked Sen. Joey Fillingane to file a bill that would allow for private advertising to appear on buildings at the Mississippi State Fairgrounds. Fillingane, a Sumrall Republican, did just that, the bill cleared the Capitol and became law July 1. Supporters now are hopeful the measure provides ...

Read More »

Supreme Court denies Miss. Power’s rate increase (Updated with clarification)

Mississippi Power is now 0-2 when it comes to collecting money to pay for its Kemper County coal plant. The Mississippi Public Service Commission in June denied a 13 percent rate increase that would have generated about $58 million. The company quickly appealed to the Mississippi Supreme Court, which affirmed the PSC’s ruling Tuesday afternoon. The court voted 8-0 to ...

Read More »

Clay, Lowndes, Oktibbeha counties explore partnership

Representatives from the three Golden Triangle counties have formed a steering committee to explore the possibility of forming an umbrella organization charged with spurring economic development in the region. The committee held its first meeting last week, representing the first step toward a partnership among entities that have traditionally carried on a governmental and industrial rivalry. Starkville Mayor Parker Wiseman, ...

Read More »

Columbus organization working to bring projects to West Point, Clay County

Under a deal struck in April, the Columbus-Lowndes Development Link will pursue large industrial development for West Point and Clay County. The two entities will also split the revenue from resulting industries. Under the terms of the deal, whose concept was hatched when West Point’s economic development chief left town several months ago, the Link would receive 10 percent of ...

Read More »