Home » NEWS » Economic Development (page 3)

Economic Development

Communities win Excellerator Grants from Entergy

Entergy has awarded communities more than $100,000 in matching grants through the company’s Excellerator Competitive Communities program. In its fourth year, the program recognizes excellence in marketing, site readiness and organizational excellence. “These grants are more important than ever as we work to help Mississippi recover from the economic impacts of COVID-19,” said Ed Gardner, Entergy Mississippi director of business and economic ...

Read More »

Swift, deep declines ahead for Mississippi economy but rebound seen for 2021

SPRING OUTLOOK IS FOR 30.4% DROP IN STATE GDP THIS QUARTER By TED CARTER The spring 2020 outlook for Mississippi’s economy is for a dire near-term future as the coronavirus pandemic continues its ghastly spread. By the time Mississippi rings in the New Year, around 73,000 of its residents will have lost jobs, for a 6.3 percent increase in overall ...

Read More »

Stack of challenges await Delta Council annual meeting reset for fall

LEADERS CITE PROGRESS ON YAZOO BACKWATER DRAINAGE EFFORT EDITOR’S NOTE: Delta Council President Tom Gresham made the following clarification to this article: In the reporters third person account of the project, he made the following statement: “The Council would like to see an additional 200,000 acres in the South Delta planted but first must prevail in a decades-long effort to ...

Read More »

Survey of state businesses identifies Covid-19 concerns

Financial worries, uncertainty about COVID-19 recurrence, employee resources and consumer confidence top the list of concerns reported by more than 1,000 business decision-makers surveyed across the state. The joint survey was conducted by the Mississippi Economic Council, Mississippi Manufacturers Association and Mississippi Economic Development Council to gain insight from business leaders and owners. More than 1,000 respondents representing a wide ...

Read More »

Delta’s Double Quick in new hands after sale to S.C. buyers

The dozens of Double Quick convenience stores that are a fixture of the Mississippi Delta got new owners in a transaction that closed April 23. Don’t worry. You won’t have to get used to a new name, new signage, new store décor or new cashiers. Current store locations and the Double Quick corporate store workforce will remain, said Tom Gresham, ...

Read More »

VT Halter Marine awarded MARAD small shipyard grant

PASCAGOULA — VT Halter Marine, Inc. (VT Halter Marine), a company of ST Engineering North America, was awarded a grant of nearly $1.7 million for a 1,250‐ton press brake by the U.S. Department of Transportation’s Maritime Administration (MARAD). The grant of $1,695,118 was part of a total $19.6 million in discretionary grants to 24 U.S. shipyards through the Small Shipyard Grant ...

Read More »

The US reopening is coming, but ‘normal’ is still a ways off

Everyone wants to know: When, oh when, will it go back to normal? As some governors across the United States begin to ease restrictions imposed to stop the spread of the coronavirus, hopes are soaring that life as Americans knew it might be returning. But plans emerging in many states indicate that “normal” is still a long way off. White ...

Read More »

PHIL HARDWICK — Pandemic expected to have an effect on site selection factors

Each year, Area Development magazine publishes the results of its survey of corporate executives regarding their expansion plans and the factors that rank highest in their site selection decisions. In this column, we will look back seven years and compare those site selection factors with those in 2019. We will also speculate about which factors will be most affected by ...

Read More »

Mississippi gov forms coronavirus economic recovery group

Mississippi’s governor has formed a commission of private-sector business leaders tasked with making recommendations on how the state can economically recover from the coronavirus pandemic. Gov. Tate Reeves announced the creation of the Governor’s Commission for Economic Recovery, also called Restart Mississippi, on Tuesday. The 17-member task force is chaired by Joe Sanderson, CEO of the poultry company Sanderson Farms, ...

Read More »

COVID-19 not seen as serious setback for Vicksburg’s ‘transformational’ innovation center

SOME DELAY IN PROJECT’S FIRST PHASE EXPECTED   By TED CARTER The emergence of the COVID-19-19 pandemic has so far caused only slight delays for a years-long public-private effort to transform high-tech ideas born in Vicksburg for military and homeland security purposes into job-creating commercial uses. The virus crisis could also create slowdowns or even funding losses of money pledged ...

Read More »