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Economic Development

Analysis of MDA incentives yields limited picture

By JACK WEATHERLY  The first ever analysis of state economic development incentives paints a limited picture of their effect on Mississippi. Of the roughly 30 programs examined by the University Research Center of the Institutions of Higher Learning for 2014, only nine could be measured and seven of those were positive. Twenty-three could not be measured, for various reasons. The programs  did ...

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Thrill is never gone for Business Woman of the Year — Felicia Gavin

By TED CARTER Felicia Gavin has been immersed in numbers her entire working life. Counting them, adjusting them, projecting them – the thrill is never gone. Today she is in her element as executive vice president and general manager of DiamondJacks Casino & Hotel in Vicksburg, one of Mississippi’s major gaming destinations. With the numbers come the added responsibility of overseeing ...

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JRA selects EDT as top choice for convention hotel developer

By TED CARTER Washington, D.C.-based Engineering Design Technologies has been named the preferred developer for a downtown Jackson convention center hotel. The selection of EDT’s $75.5 million proposal came at Wednesday’s meeting of the Jackson Redevelopment Authority, capping a request for proposals process that began last spring. EDT and its local team, Mississippi Developers LLC, beat out Red Leaf Development of ...

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Mississippi continues ‘sluggish’ growth, economist says

JACKSON — The state economist says Mississippi continues to have “sluggish” growth that trails the Southeast and the nation as a whole. Darrin Webb tells lawmakers Wednesday that he expects data will show Mississippi’s economy grew about 1 percent in 2015, following two years of contraction. That compares to 2.4 percent growth last year for the nation — the same ...

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Spring Tupelo Furniture Market kicks off Thursday

TUPELO — The Spring Tupelo Furniture Market starts Thursday, but some transactions have already started as buyers and sellers gather for the 29th consecutive year. Kevin Seddon, president of the Tupelo Furniture Market, tells the Northeast Mississippi Daily Journal (http://bit.ly/1WBhcal) 49 new companies have bought space this year. The spring market is later than usual. In the past, it was ...

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Company’s solar facility set to begin generating electricity

GREENWOOD — Those driving along Stribling Avenue during recent weeks may have noticed the construction of several hundred solar panels behind the offices of Delta Electric Power Association. The nearly completed facility is a joint project between the cooperative and its power supplier, Hattiesburg-based South Mississippi Electric (SME), said David O’Bryan, Delta Electric’s general manager. SME is a conglomerate made ...

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Cereal maker establishes distribution center in Byhalia

MBJ staff Cereal maker Post Consumer Brands has opened 545,000-square-foot distribution center in By-halia and will create at least 32 jobs., according to a news release. The facility is in the Gateway Global Logistics Center in the Chickasaw Trail Industrial Park. Mississippi Development Authority provided guidance on ad valorem tax abatements for the pro-ject. Marshall County waived ad valorem taxes ...

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UPDATE: Gulfport jobs creation done under two pacts

By JACK WEATHERLY TopShip LLC promised to create 1,000 jobs at the Port of Gulfport, part of what was hailed earlier this month as the single biggest day in economic development in the state’s history. Gov. Phil Bryant has said that the 1,000 jobs would largely meet an agreement reached during Haley Barbour’s administration to create 1,300 jobs in exchange ...

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