Home » Author Archives: MBJ Staff (page 7)

Author Archives: MBJ Staff

Mississippi’s bankers convention canceled

The Mississippi Bankers Association Board of Directors has canceled the 2020 MBA convention scheduled for May 13-15 in Sandestin, Fla. The scheduled dates are just outside of the federal Center for Disease Control’s recommended eight-week ban of gatherings of more than 50 people, but according to the MBA “it’s too soon to tell what this pandemic will really bring to ...

Read More »

$122,000 approved for Tishomingo training center

The Tishomingo County School Board approved on Monday $122,000 as core funding for nearly $250,000 of improvements to the Tishomingo County Career and Technical Center. “The [center] is an excellent training program for young adults seeking promising and rewarding careers that don’t incur student debt,” said Eddie Boardwine chief operations officer for Mississippi Silicon LLC. Mississippi Silicon in conjunction with ...

Read More »

Newk’s creates new position, names first COO

Newk’s Eatery has named Joe Pate as chief operations officer, a new position that was created to expand the company’s operations team for continued growth. Pate comes to Newk’s with 35 years of experience in the restaurant industry, serving more than 20 years with Dallas-based la Madeline French Bakery and Cafe, most recently as vice president of operations, where he ...

Read More »

Casinos to close at midnight Tuesday

All of Mississippi’s state-regulated casinos were ordered to close by midnight Monday to limit the spread of the new coronavirus. Mississippi reported 12 confirmed cases of the virus as of Monday. Schools and universities and some museums remained closed. The Mississippi Gaming Commission said in its order closing the casinos that keeping them open “poses an immediate threat to the ...

Read More »

Gray-Daniels sold to Little Rock-based auto group

Little Rock-based McLarty Automotive Group has bought the Atlanta-based Asbury Automotive Group’s Mississippi holdings with the purchase of Gray-Daniels Auto Family. Gray-Daniels is the largest dealership group in the state, with approximately $400 million in annual revenues. “Like McLarty Automotive Group, Gray-Daniels Auto Family is deeply rooted in the communities it serves,” said Mark McLarty, founder and chairman. “We are ...

Read More »

More Mississippi cases of COVID-19 expected to be announced in coming days

While there has been one confirmed case of COVID-19 in Forrest County, the expectation, according to a source of the Mississippi Business Journal, is there may be a number of cases acknowledged late this afternoon or tomorrow, statewide. One area, according to the source, that is being looked at is Sunflower County in the Mississippi Delta. However, more will be ...

Read More »

Sanderson reports $38.6 million loss for quarter; remains optimistic for 2020

Sanderson Farms Inc. reports a net loss of $38.6 million, or, $1.76 per share, for the first fiscal quarter compared with a net loss of $17.8 million, or 82 cents per share, for the first quarter of fiscal 2019., Net sales were $823.1 million, compared with $743.4 million for the same period a year earlier. Stocks for Laurel-based Sanderson, the nation’s third-largest producer of poultry, ...

Read More »

Airbus lands $122.6 million copter contract

U.S. Sens. Roger Wicker (R-Miss.) and Cindy Hyde-Smith (R-Miss.) on Tuesday announced the award of a $122.6 million Army contract for the procurement of 15 UH-72 Lakota Light Utility Helicopters, which will be manufactured in Columbus. The Army awarded the contract to Airbus Helicopters, Inc., with an initial obligation of $61.3 million with the Tuesday contract notice.  “This is excellent ...

Read More »