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Economic Development

MADE IN MISSISSIPPI — Myra Mirrors more than a ‘gadget’

By CALLIE DANIELS BRYANT When one thinks of new technology, a vision of Silicon Valley pops up. But here in Oxford, Mississippi, is a company called Myra Mirrors that invented an operating system that enables people to interact with mirrors. Two University of Mississippi students, Pontus Andersson and Sam Bertolet, founded Myra Mirrors two and a half years ago with ...

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MADE IN MISSISSIPPI — Cathead Distilleries sustains substantial growth

By JULIA MILLER Since Cathead Distillery opened in 2010, it’s mission has been simple — produce a top-notch product all while supporting Mississippi music. Despite being the state’s first legal distillery since prohibition ended in 1966, Cathead co-founder Richard Patrick said the first eight years of production have been grassroots driven with strong organic growth. “The state has been great ...

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Spectacles opens in the District at Eastover

The list of  retailers and restaurants in The District at Eastover continues to grow with the addition of Spectacles, a high-end optical boutique and optometry practice. “This space is different from your typical Jackson,” said Spectacles Owner, Dr. Rebecca Cox Patton.  “The development is truly neighborly and has such a nice ambiance.  We are thrilled to be here and are off to ...

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Supreme Court panel puts city of Ridgeland on Costco hot seat

By JACK WEATHERLY A three-justice panel of the Mississippi Supreme Court directed a preponderance of its questions to attorneys for the city of Ridgeland and the zoning change it made that benefited a proposed Costco Wholesale store on Highland Colony Parkway. The city got a favorable ruling from Madison County Circuit Court John Emfinger in April 2017, allowing the developer Andrew Mattiace ...

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BILL CRAWFORD — Trumponomics may push national debt interest costs higher than Social Security and Medicare

Basic math and what the Wall Street Journal calls “Trumponomics” are headed for a brutal collision.   Here’s why.   The national debt is $20.6 trillion and rising. With rates low, annual debt interest costs averaged about $250 billion from 2011 through 2016. As the economy improved, interest rates slowly ticked up. But, now they are expected to surge as ...

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Teresa Hubbard named MBJ’s Business Woman of the Year

Teresa Hubbard, President & CEO of CITE Armored, was named Mississippi’s Business Woman of the Year for 2018 Thursday by the Mississippi Business Journal. Hubbard was joined by 10 finalists and 39 other honorees at an event at the Old Capitol Inn in Downtown Jackson. Hubbard has a broad range of experience that continues to enhance the success of the company she ...

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Plastic company to expand Mississippi plant, hiring 53

An Indiana-based company that makes molded plastic products will spend $5.3 million to expand its Mississippi plant, hiring 53 new workers. Richardson Molding of Columbus, Indiana, will add the workers over two years to the 135 currently employed in Philadelphia. The company is buying new equipment, saying it’s increasing production to meet higher demand. Mississippi Development Authority spokeswoman Tammy Craft ...

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Ex-mayor accused of theft stops seeking job in nearby city

A disgraced former mayor withdrew his application Wednesday to work as a city planner in a neighboring north Mississippi city. Former Southaven Mayor Greg Davis announced he was no longer seeking the position in neighboring Horn Lake after that city’s aldermen on Tuesday postponed a decision on hiring him. In a statement posted on his Facebook page, Davis says his ...

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REAL JOBS, VIRTUALLY — Academy introduces students to possibilities in fast-growing industry

By BECKY GILLETTE There are industry forecasts that the Virtual Reality (VR) and Augmented Reality (AR) industry will grow from what was a $16 billion industry in 2016 to a $100-plus billion industry by 2021. The VR Academy based in Clarksdale has been created to provide young people in Mississippi both access and opportunity to the growing industry of VR ...

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