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Economic Development

BILL CRAWFORD: Mississippi needs every federal dollar it can get

Let’s get real.    Ignore political ideology for a moment.   Mississippi is a poor state, persistently landing near the bottom on income, health, and education rankings. Many families depend heavily on federal benefits to survive. So, too does state government (44 percent of total spending). Many small businesses’ survival depends heavily on federally subsidized families and government.   Yes, federal ...

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Biloxi: Casino rent belongs in our pockets

Biloxi city attorneys have argued that more than $1 million of casino rent money that was put into the state’s general fund defies a court settlement that mandates the money be paid to the city. The Sun Herald reports city representatives squared off against an attorney for the Secretary of State’s office during a court hearing in Hancock County Chancery ...

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ALAN TURNER — Celebrating Mississippi’s dynamic business women

Through the years, I’ve learned one highly encouraging thing about Mississippi—namely, that we are richly blessed with a great group of professional business women who own and manage businesses, direct large and small enterprises, serve the public good, educate, inform, and contribute to the overall quality of life in the Magnolia State. For 19 years now, the Mississippi Business Journal ...

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Developer plans condo-hotel on Bay St. Louis beachfront

By LISA MONTI A condo-hotel development on Court Street at Beach Boulevard in Bay St. Louis has conceptual approval from the Historic Preservation Committee and is awaiting the city’s final approval before its developer can start construction. Charles Webb, the owner, developed several properties in the Florida Panhandle before moving back to his hometown of Gulfport. Bay St. Louis has seen ...

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GLENN McCULLOUGH — Powering Mississippi’s economy

Mississippi’s abundance and wide array of energy resources means we pay less than the national average for residential, commercial and industrial electricity. At the same time, Mississippi’s renewable energy resources are putting our people to work, processing the raw materials and restoring the forestland. Mississippi’s 19.8 million acres of forestland fuels a thriving forest product industry, generating a $12.3 billion ...

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Plastic container maker to open Waynesboro plant, employ 33

By JACK WEATHERLY  Plastic container manufacturer iMold Plastics, a subsidiary of iSpice Foods, is locating operations in Waynesboro, investing $4 million and creating 33 jobs. iMold Plastics will operate in a 50,000-square-foot facility being constructed in the new Meadowlands Industrial Park. The company, the first to locate in the industrial park, will lease the facility from Wayne County. “I am ...

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Canadian spice maker to invest $4M, hire 33 in Wayne County

A Canadian spice and seasoning company will open a factory in Wayne County to make plastic containers, investing $4 million and hiring 33 workers. IMold Plastics, a subsidiary of iSpice Foods, announced its plans Tuesday. The iMold plant will supply containers to a 125-worker iSpice Foods plant in Jackson, Alabama, that opened earlier this year. Mississippi Development Authority spokeswoman Tammy ...

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Tupelo Airport to get $950,000 for taxiway

Tupelo Regional Airport is set to get an infusion of cash to repair its taxiway. The Daily Journal reports that Mississippi’s two Republican U.S. Senators, Thad Cochran and Roger Wicker, announced Friday that the Tupelo Airport Authority will receive $948,223. Most of that money comes from the Federal Aviation Administration for airport safety and infrastructure. The taxiway runs parallel to ...

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Mississippi Golden Triangle has large new industrial site

Economic development officials are promoting a new industrial site in the Golden Triangle area of eastern Mississippi. Golden Triangle Development LINK and the Tennessee Valley Authority on Friday unveiled the new 1,144-acre Infinity Megasite, which is west of GTR Regional Airport. It is the third megasite in Lowndes County, the Commercial Dispatch reports. Megasites are large parcels of land designed ...

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TECH 21 — Mississippi’s most wanted in technology for 2016

When examining Mississippi’s contributions to the technology world, there are tech veterans whose works are still being felt, and there are young minds who are bringing new ideas. The Tech 21 is the Mississippi Business Journal’s take on some of the top contributors to technology in Mississippi and the world.   JIM BARKSDALE, Chairman & President Barksdale Management Jim Barksdale’s ...

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