Home » Author Archives: Ted Carter

Author Archives: Ted Carter

Golding Barge Line upping its Vicksburg stakes by $20M

» New boats, barges and hires coming to family-owned company By TED CARTER Sustained growth in moving both raw crude oil and refined petroleum along America’s inland waterways has led Vicksburg’s Golding Barge Line to invest $20 million in new boats, barges and vessel hands. The investment is expected to gain Golding Barge Line 25 workers. Some will work from ...

Read More »

Vicksburg giving port infrastructure close look

» Port Commission helping inland shippers hire, train worker By TED CARTER An infrastructure analysis expected to be finished in February will set a course for the City of Vicksburg’s future in the Mississippi River maritime business – and perhaps as home to an entirely new port. While the $240,000 study by Atlanta’s Jacobs Engineering Group will also look at ...

Read More »

Nissan cites progress in getting rid of showroom freebies

Carmaker insists it U.S. layoffs over ‘for now’ By TED CARTER Major Mississippi employer Nissan Motor Co. has decided its best bet for a U.S. recovery after a pair of awful quarters is not to sell more cars but to make more money from each car sold. Forget “market share” for now, said Nissan global controller and CFO-designate Stephen Ma, ...

Read More »

Youth a plus for Nissan’s Canton plant with high-tech transformation looming

Automotive expert says plant offers much-needed flexibility By TED CARTER The relatively young age of Nissan’s 16-year-old Canton assembly plant could help insulate it from company plans to cut global manufacturing capacity by 10 percent by spring 2022. The planned capacity reductions coincide with a collapse in operating profits halfway through Nissan’s fiscal year. Some of the blame for the ...

Read More »

Shuckers, M-Braves expected to avoid minor leagues’ sweeping 2021 changes

Spokesman for minors says Southern League teams in good standing By TED CARTER A revamp of Minor League Baseball (MiLB) that some observers are calling the most extensive shakeup in the last 100 years won’t bear on the futures of Mississippi’s two pro ball clubs – Pearl’s Mississippi Braves and Biloxi’s Shuckers. The overhaul is expected to be far reaching ...

Read More »

MSU research & technology non-profit out to elevate innovation in Starkville’s downtown

By TED CARTER The move of tech data company Babel Street Inc. onto the third floor of Starkville’s Cadence Bank building marks the official start of a Mississippi State University non-profit corporation’s efforts to energize downtown technological innovation. Cadence, a regional bank formerly headquartered in Starkville, will remain in the first two floors of the 33,000 square-foot downtown landmark at ...

Read More »

Babel Street doubles size as it tags Starkville its ‘ideas’

By TED CARTER Nearly 50 years after Coca-Cola sought to teach the world to sing in perfect harmony, Starkville data tech company Babel Street Inc. is out to fulfill an equally ambitious goal. Babel Street wants to help the world make sense of the 2.5 quintillion bytes of data it produces each day and will employ all of the world’s ...

Read More »

Cash cow on a cul de sac — Oxford homes getting top rental rates for Ole Miss football weekends

Hotel market inventory finally meeting demand     By TED CARTER Home is where the heart is, but it’s also where the money is for Oxford residents willing to rent out their pads on Ole Miss football weekends. Accommodating the lodging needs of out-of-town game-goers is so popular, in fact, that the short-term rental Web-based operator Vrbo has designated the ...

Read More »

What will a C-Note get you in Mississippi? How about over $16 extra

Tax Foundation study examines “real” value of $100   By TED CARTER Mississippians or visitors to Mississippi with $100 in their pockets are walking around with a $16.69 bonus. But head over to Arkansas and you will lose more than a dollar of the bonus. In Alabama, you’ll lose even more of it. If you stay in Mississippi, at least ...

Read More »

UPDATE — Mississippi gets high grade on manufacturing strength but seen weak on advanced industries

Findings detailed in Ball State manufacturing scorecard By TED CARTER Mississippi has joined a short list of states that Ball State University’s Manufacturing Annual Scorecard rated as tops nationally for the health of their manufacturing sectors. But the leading academic author of the Scorecard said Mississippi must improve the quality of its healthcare and schools to grab a larger share ...

Read More »