Home » NEWS » Economic Development (page 69)

Economic Development

BILL CRAWFORD: State economy struggles to hit half the national growth rate

State economists lower forecast for remainder of year,” read the Mississippi Business Journal headline on October 27th. “Mississippi’s state economists have pulled back on an already-weak economic forecast for the rest of 2016, projecting that the state’s economy will grow only 1.5 percent instead of the 1.6 percent previously predicted,” said the story.   “U.S. economy roars back, grew at ...

Read More »

D.C.-based tax policy group has ear of legislative leaders

By BOBBY HARRISON The study committee formed in the summer by House Speaker Philip Gunn and Lt. Gov. Tate Reeves to make recommendations to the full Legislature on possible changes to the state tax structure apparently will depend on the Washington D.C.-based Tax Foundation for most of its information. The specially appointed committee, consisting of legislators and a representative of Gov. ...

Read More »

Delta State furls Mississippi’s Confederate-themed flag

The last of Mississippi’s eight public universities has stopped displaying the state flag that prominently features the Confederate battle emblem. Delta State University President Bill LaForge announced the decision Thursday. He said the university acted because state government hasn’t moved to change the flag. The university called for a different state banner in 2015, and LaForge said again Thursday that ...

Read More »

Despite TIF, Costco store not done deal yet

By JACK WEATHERLY  The game is not over for the proposed Costco Wholesale store in Ridgeland. Plaintiffs are still trying to block the store, which they contend would disrupt traffic and devalue residential property in the vicinity. A tax rebate of up to $30 million that apparently had been granted through a state program for what developers said was the ...

Read More »

Natchez receives 28 applications for convention director

Nearly 30 candidates have applied to be the next director of the Natchez Convention and Visitors Bureau. Mayor Darryl Grennell tells The Natchez Democrat 28 applications have been submitted and are currently being reviewed by the committee charged with vetting applicants. The director position was left vacant after former director Kevin Kirby was terminated in April following ongoing personnel issues ...

Read More »

MISSISSIPPI 100 — State’s entrepreneurs have had success, but mistakes may await

By TED CARTER Mississippi has a lengthy history of growing small private businesses into huge ones, a track record economic development professional Robert Ingram attributes to a combination of risk-takers, nurturers and possibly “something in the water.” “Mississippi has done a tremendous job of creating entrepreneurs and growing them into major players in the field,” says Ingram, a semi-retired economic development ...

Read More »

MISSISSIPPI 100 — Staplcotn revenue benefiting from combination of more acerage and better yield

By BECKY GILLETTE Greenwood’s Staple Cotton Cooperative Association (Staplcotn), the oldest and one of the largest cotton marketing cooperatives in the U.S., has gone up from the seventh largest private company in 2015 to fourth largest in 2016 in the Mississippi Business Journal list of the top 100 private companies based in Mississippi. Revenue jumped from $844 million to $967 million. ...

Read More »

MISSISSIPPI 100 — Southern Farm Bureau: One name, but separate companies for life, casualty insurance

By LISA MONTI  Southern Farm Bureau Life Insurance Co. is ranked third and Southern Farm Bureau Casualty Insurance Co. holds the sixth place on the top Mississippi 100 list. The companies are two separate entities. Southern Farm Bureau Casualty Insurance Co., a Mississippi corporation domiciled in Ridgeland, has 1,500 employees, $856 million in sales and was established in 1947.  It ...

Read More »

MISSISSIPPI 100 — KLLM: Growing while investing in Mississippi

By NASH NUNNERY The assassination of President John F. Kennedy, Martin Luther King’s epic “I Have a Dream” speech and the launch of Beatlemania made the year 1963 one of the 20th century’s most memorable. That same year, Mississippians Tom Kobuke, W.J. Liles, B.C. Lee and Henry Moudy decided to form their own trucking company. Dubbed KLLM Transport Services, the name ...

Read More »