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Manufacturing

SBA loan program revised

WASHINGTON — Small businesses seeking to expand will be able to refinance existing loans used to purchase real estate and other fixed assets as a result of permanent changes to the U.S. Small Business Administration’s (SBA’s) 504 Certified Development Company loan program. The changes were authorized in the American Recovery and Reinvestment Act of 2009. The permanent changes will allow ...

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Restaurants join boycott

COLUMBUS — Eat With Us Group is participating in the ProtectSeals boycott of Canadian seafood. company has pledged to boycott seafoord from the Canadian sealing provinces in all 26 locations of its restaurants, which include Sweet Peppers Deli, Bulldog Deli, Cotton District Grill, Fairpark Grill, Jackson Square Grill, Harvey’s and Park Heights. “It was an easy decision to change our ...

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Bayou wins ILVA contract

PANOLA COUNTY — The Bayou Companies Inc. of Chesterfield, Mo., has been awarded a $27.6-million contract with ILVA S.p.A. for pipe coating, welding and logistical support services. ILVA is manufacturing and transporting pipe for installation on the Fayetteville Express Pipeline (FE”), a natural gas pipeline joint venture between Kinder Morgan Energy Partners, L.P. and Energy Transfer Partners, L.P. Bayou’s work ...

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Justice gets involved in JATRAN law suit

JACKSON — The Justice Department is intervening in a lawsuit filed in federal court in Jackson challenging inaccessibility in Jackson’s public transportation system. The pending lawsuit, filed by 11 residents of Jackson with disabilities and two non-profit organizations that work on behalf of people with disabilities, alleges violations of the Americans with Disabilities Act and the Rehabilitation Act of 1973 ...

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State settles with TJX

JACKSON — Attorney General Jim Hood, together with 40 other state attorneys general, has reached a settlement with TJX Companies Inc. The company is a discount retailer that owns stores such as T J Maxx and Marshall’s. The “Assurance of Discontinuance” between the parties resolves an investigation concerning TJX’s data security practices and whether it adequately protected customers’ financial information ...

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ATK lands $1B-plus Airbus order

IUKA — Alliant Techsystems Inc. (ATK) has won an order to supply lightweight composite parts for Airbus SAS A350 aircraft. The order is valued at more than $1 billion. In February of this year, ATK announced it was investing $175 million to expand operations at its Iuka plant to produce composite structures for next-generation commercial aircraft. As a result of ...

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Mt. Vernon's TAA petition approved

COLUMBUS — The U.S. Department of Labor has certified 20 petitions for benefit eligibility for workers under the Trade Adjustment Assistance (TAA) program. These are the first certifications under the new TAA law that took effect on May 18, 2009, which, among other changes, expanded program access to previously ineligible service industry workers. The petition of Mt. Vernon Mills, Brentex ...

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SBA disaster loans still available

ACROSS MISSISSIPPI — The U.S. Small Business Administration (SBA) is reminding small businesses, small agricultural cooperatives and most private, non-profit organizations of all sizes that July 27 is the filing deadline for federal economic injury disaster loans available in Mississippi. The SBA declared a disaster because of damages and losses to crops due to wind and rainfall associated with hurricanes ...

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Mainland buying land, likes prospects

Mainland Resources Inc. of Houston, Texas, has signed a letter agreement to acquire up to 8,000 net acres in Mississippi for an undisclosed sum. Mainland would own a 100 percent working interest in the acreage and would be the operator. The project has been identified using reprocessed seismic, as well as log information, from a well drilled in the early ...

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MTA unveils Strategic Biomass Solutions

RIDGELAND — The Mississippi Technology Alliance announced the formation of Strategic Biomass Solutions at the recent 8th Annual Southern BioProducts and Renewable Energy Conference in Jackson. Strategic Biomass Solutions (SBS) provides comprehensive assistance to existing and potential companies, investors and economic developers in the renewable energy industry sector. SBS offers companies strategic guidance for making their technology investor ready and ...

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