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Economic Development

Lost Rabbit: Finding its way

By JACK WEATHERLY  The idyllic planned community born 10 years ago has been struggling ever since to find its way. Its name, The Town of Lost Rabbit, meantime, earned a second meaning. The upscale Madison County development has fought what has seemed at times to be a losing battle to fill out the 259-acre site on the Ross Barnett Reservoir. ...

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Char restaurant to expand by 50 percent

By JACK WEATHERLY Sometimes, a business solution is right out the back door. The owners of Char restaurant, the 4-Top Hospitality Group, seized the opportunity of leasing 3,000 square feet behind it in Highland Village. The expansion, which brings the total space under the Char roof to 9,300 square feet, will provide special events space. “We look forward to hosting ...

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The ‘Blue Economy’ to get a boost with $10M Marine Science Facility at Port of Gulfport

By BECKY GILLETTE GULFPORT — It has been estimated that 35 percent of the Coast’s economy is based on maritime businesses like shipbuilding, transportation, fishing and tourism. And now what has been dubbed the “Blue Economy” will get another boost with the construction of a new $10-million Marine Science Facility that will be built by the Port of Gulfport for the University of ...

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Makers of cookies and coaxial cable among export award winners

By JACK WEATHERLY  Flathau’s Fine Foods’ exports of its cookies and cheese straws are growing at between 5 percent and 10 percent a year. Chile is the Petal-based company’s biggest overseas customer, according to founder Jeff Flathau. It was one of six Mississippi companies recognized for achievements at the Governor’s Awards for Excellence in Exporting Aug. 26 at the Jackson ...

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Bernie Reed’s mettle lifts Reed’s Metals to new heights

By NASH NUNNERY A pair of hand shears and a forklift. With little more than those two items, Bernie Reed launched his metal roofing and building manufacturing company in a minuscule 8-foot-by-12-foot shed 18 years ago in Monticello. To say Reed started Reed’s Metals from scratch might be an understatement. More like bare bones, according to him. Today, Reed’s Metals employs ...

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Foreign Trade Zones allow business to compete in the global economy

By BECKY GILLETTE U.S. Foreign Trade Zones (FTZs) help businesses lower their Customs-related costs on imported raw materials and components, thus enabling them to cost-effectively produce their finished products in the U.S. instead of overseas, said Robert Kane, president of the Hancock County Port and Harbor Commission, and president of the Mississippi Coast FTZ. FTZs help U.S. companies compete in the ...

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MBJ SHOWCASE: Old Capitol Inn and Mende Alford

When you hear the term “boutique hotel”, you might tend to associate the concept with a quaint inn located in, say, Boston, or Manhattan, or perhaps in the south of France. However, Jackson is home to its own boutique hotel at the Old Capitol Inn, on State Street. Recently, I had the opportunity to spend a few nights at the ...

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Furniture maker to spend $20 million, create 600 jobs

Associated Press One of northeast Mississippi’s fastest growing companies will take over the former headquarters of a regional mainstay that dissolved in bankruptcy. Southern Motion announced Wednesday that it will spend $20 million and hire 600 people over five years as the reclining furniture maker moves into a 758,000-square-foot building in Baldwyn. Former owner Hancock Fabrics closed after seeking bankruptcy ...

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Ingalls awarded $13.7 million Navy contract

Ingalls Shipbuilding has been awarded a $13.7 million contract to perform design work for the U.S. Navy newest amphibious warship, the LX(R). Ingalls president Brian Cuccias said in a news release the LX(R) is intended to replace the Navy’s Harpers Ferry- and Whidbey Island-class dock landing ships. He says they will employ the same hull as the San Antonio class, ...

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